Why Palantir Shares Are Trading Higher By 16%; Here Are 20 Stocks Moving Premarket

Shares of Palantir Technologies Inc (NASDAQ: PLTR ) rose sharply in pre-market trading, after the company posted upbeat financial results for the second quarter and raised its FY26 sales guidance.

Palantir reported second-quarter revenue of $1.94 billion, beating analyst estimates of $1.80 billion.

The AI software company reported adjusted earnings of 41 cents per share for the quarter, beating estimates of 35 cents per share, according to Pro.

Palantir shares jumped 16.1% to $145.85 in pre-market trading.

Here are some other stocks moving in pre-market trading.

Gainers Rain Enhancement Technologies Holdco Inc (NASDAQ: RAIN ) gained 141.8% to $3.82 in pre-market trading after rising 6% on Monday.

Ensysce Biosciences Inc (NASDAQ: ENSC ) rose 79.3% to $0.50 in pre-market trading after the company received a notice of allowance for a U.S. patent titled “COMPOSITIONS COMPRISING ENZYME-CLEAVABLE AMPHETAMINE PRODRUGS AND INHIBITORS THEREOF.” eLong Power Holding Ltd (NASDAQ: ELPW ) rose 61.1% to $0.17 in pre-market trading after declining 40% on Monday.

The company announced the pricing of its registered offering of 11,466,666 units at $0.12 per Unit.

Decent Holding Inc (NASDAQ: DXST ) rose 32.7% to $3.00 in pre-market trading.

Adagio Medical Holdings Inc (NASDAQ: ADGM ) shares rose 30.3% to $0.60 in pre-market trading after the company announced the first patient was successfully treated with its next-generation vCLAS Ultra ablation system under the Food and Drug Administration’s Expanded Access authorization.

Ameresco Inc (NYSE: AMRC ) gained 28.6% to $29.24 in pre-market trading after the company reported better-than-expected second-quarter financial results and raised its FY26 adjusted EPS guidance above estimates.

Backblaze Inc (NASDAQ: BLZE ) rose 17.3% to $18.29 in pre-market trading after the company reported better-than-expected second-quarter financial results and raised its FY26 sales guidance above estimates.

Voyager Technologies Inc (NYSE: VOYG ) gained 16.3% to $32.58 in pre-market trading after the company reported better-than-expected second-quarter financial results and raised its FY26 sales guidance above estimates.

Ethos Technologies Inc (NASDAQ: LIFE ) rose 14.3% to $26.09 in pre-market trading after the company reported better-than-expected second-quarter financial results and raised its FY26 sales guidance above estimates.

Losers Reitar Logtech Holdings Ltd (NASDAQ: RITR ) tumbled 47.6% to $0.18 in pre-market trading after surging 495% on Monday.

The company announced that its Jingxing HK unit signed an MoU with Cainiao to cooperate on smart warehousing and automated logistics projects overseas.

Hydrofarm Holdings Group Inc (NASDAQ: HYFM ) fell 22.3% to $1.67 in pre-market trading.

Hydrofarm Holdings Group shares jumped 298% on Monday after the company announced the sale of it Aurora Peat unit for $16 million, with proceeds going to pay down term loan debt.

SU Group Holdings Lt d (NASDAQ: SUGP ) fell 21.6% to $0.38 in pre-market trading after the company announced it received a Nasdaq delisting notification.

LI Bang International Corporation Inc (NASDAQ: LBGJ ) declined 20.6% to $3.33 in pre-market trading after gaining 12% on Monday.

Inno Holdings Inc (NASDAQ: INHD ) fell 20.4% to $7.50 in pre-market trading after dipping 48% on Monday.

Kandal M Venture Ltd (NASDAQ: FMFC ) fell 19.6% to $0.27 in pre-market trading after dipping 35% on Monday.

Wetour Robotics Ltd (NASDAQ: WETO ) fell 17.7% to $5.50 in pre-market trading after declining over 25% on Monday.

Clearpoint Neuro Inc (NASDAQ: CLPT ) fell 14.5% to $13.13 in pre-market trading after the company reported worse-than-expected second-quarter financial results and cut its FY26 sales guidance below estimates.

Powell Industries Inc (NASDAQ: POWL ) fell 13.4% to $190.02 in pre-market trading after the company reported worse-than-expected quarterly financial results.

SS Innovations International Inc (NASDAQ: SSII ) fell 12.4% to $3.46 in pre-market trading.

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