Why SiTime Shares Are Trading Higher By Over 30%; Here Are 20 Stocks Moving Premarket

Shares of SiTime Corp (NASDAQ: SITM ) rose sharply in pre-market trading after the company reported better-than-expected second- quarter financial results. SiTime reported quarterly earnings of $2.34 per share which beat the analyst consensus estimate of $1.95 per share. The company reported quarterly sales of $157.432 million which beat the analyst consensus estimate of $146.377 million. SiTime shares jumped 30.7% to $710.01 in pre-market trading. Here are some other stocks moving in pre-market trading. Gainers Clearone Inc (NASDAQ: CLRO ) gained 92.8% to $7.10 in pre-market trading following a Securities and Exchange Commission filing that revealed fresh progress on its planned merger with clinical-stage biopharmaceutical company Vivani Medical, Inc.‘s Cortigent, Inc. unit. Wing Yip Food Holdings Grou p (NASDAQ: WYHG ) rose 70.3% to $5.69 in pre-market trading after declining over 4...