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% on Wednesday.

Surgepays Inc (NASDAQ: SURG ) rose 64.3% to $0.37 in pre-market trading following the announcement of the formation of Redline Wireless Group, LLC, a Wyoming-based joint venture targeting prepaid wireless distribution.

Paranovus Entertainment Technology Ltd (NASDAQ: PAVS ) rose 34% to $6.58 in pre-market trading following a Securities and Exchange Commission filing confirming Paranovus closed its acquisition of the athletic wear brand Heyviva from Jabanero Inc.

Mangoceuticals Inc (NASDAQ: MGRX ) gained 29.3% to $0.55 in pre-market trading following news that Nuclea Energy USA Inc., a subsidiary of Mangoceuticals’ merger partner Nuclea Energy Inc., signed a memorandum of understanding with Utah’s Office of Energy Development.

Creative Medical Technology Holdings Inc (NASDAQ: CELZ ) rose 28.1% to $0.86 in pre-market trading after the company announced it has received a Notice of Allowance for a US patent titled “SUPPRESSION OF DIABETES USING EXOSOMES FROM STEM CELL PROGRAMMED MYELOID CELLS”.

SoundHound AI Inc (NASDAQ: SOUN ) gained 23.1% to $7.91 in pre-market trading after the company reported better-than-expected second-quarter financial results and raised its FY26 sales guidance with its midpoint above estimates.

WPP plc (NYSE: WPP ) rose 22.6% to $25.31 in pre-market trading.

Honest Company Inc (NASDAQ: HNST ) shares gained 18.2% to $4.55 in pre-market trading following stronger-than-expected second-quarter results.

Losers Yxt Com Group Holding (NASDAQ: YXT ) tumbled 49% to $11.95 in pre-market trading after surging 801% on Wednesday.

ThredUp Inc (NASDAQ: TDUP ) declined 30% to $4.40 in pre-market trading after the company reported worse-than-expected second-quarter EPS results and lowered its FY2026 sales guidance below estimates.

Next Technology Holding Inc (NASDAQ: NXTT ) fell 28.6% to $0.066 in pre-market trading after the company announced a 100-for-1 reverse stock split.

Recon Technology Ltd (NASDAQ: RCON ) fell 28.4% to $0.046 in pre-market trading after dipping 85% on Thursday.

Recon Technology recently announced a $100 million “at-the-market” equity offering program.

Context Therapeutics Inc (NASDAQ: CNTX ) fell 27.2% to $0.50 in pre-market trading after the company reported its second-quarter financial results.

Zhengye Biotechnology Holding Lt d (NASDAQ: ZYBT ) fell 25.3% to $1.76 in pre-market trading after gaining 84% on Wednesday.

HubSpot In c (NYSE: HUBS ) fell 24.7% to $188.50 in pre-market trading after the company after the company reported second-quarter financial results and issued third-quarter guidance below estimates.

LegalZoom.com Inc (NASDAQ: LZ ) fell 23% to $6.24 in pre-market trading after the company reported worse-than-expected second-quarter sales results and lowered its FY2026 sales guidance below estimates.

Akebia Therapeutics Inc (NASDAQ: AKBA ) fell 23% to $0.99 in pre-market trading after the company reported second-quarter results.

Fluence Energy Inc (NASDAQ: FLNC ) fell 19% to $11.53 in pre-market trading after the company reported worse-than-expected third-quarter financial results and cut its FY26 sales guidance below estimates.

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