SWBI Jumps 17%

Shares of Smith & Wesson Brands Inc (NASDAQ: SWBI) rose sharply in pre-market trading as the company posted better-than-expected fourth-quarter results after Wednesday’s closing bell.

Smith & Wesson reported quarterly earnings of 36 cents per share, which beat the analyst estimate of 23 cents.

Quarterly revenue came in at $178.39 million, which beat the Street estimate of $155.27 million.

Smith & Wesson Brands shares jumped 16.7% to $16.02 in pre-market trading.

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

Gainers Linkers Industries Ltd (NASDAQ:LNKS) gained 145.6% to $3.93 in pre-market trading after the Malaysia-based wire harness manufacturer announced a definitive agreement to acquire a 29% stake in Thailand's LPW Electronics Co., Ltd. for approximately $2.35 million.

Aditxt Inc (NASDAQ:ADTX) gained 102.3% to $0.0089 in pre-market trading after dipping 60% on Wednesday.

Logistic Properties of The Americas (NYSE:LPA) rose 81.2% to $5.69 in pre-market trading after the company announced the sale of its Peruvian property.

Park Ha Biological Technology Co Ltd (NASDAQ:BYAH) gained 53.3% to $1.84 in pre-market trading after dipping 20% on Wednesday.

Spero Therapeutics In c (NASDAQ:SPRO) jumped 20.2% to $2.54 in pre-market trading.

GSK plc and Spero Therapeutics announced that the US Food and Drug Administration has approved Utebzi for adults with complicated urinary tract infections (cUTIs).

Rumble Inc (NASDAQ:RUM) rose 18.6% to $8.64 in pre-market trading.

Rumble said Wednesday it was rebranding to RUM Group Inc, as the company combines its video, cloud and artificial intelligence infrastructure businesses under a single legal brand.

Big Digital Energy Inc (NASDAQ:BGDE) gained 18% to $11.45 in pre-market trading.

Big Digital Energy announced it regained Nasdaq compliance.

Icecure Medical Ltd (NASDAQ:ICCM) rose 15.5% to $7.39 in pre-market trading after jumping 200% on Wednesday.

Butterfly Network Inc (NYSE:BFLY) gained 12.1% to $6.40 in pre-market trading.

Losers Sleep Number Cor p (NASDAQ: SNBR) tumbled 49.7% to $0.20 in pre-market trading after company disclosed that Nasdaq plans to delist its common stock following the mattress maker's recent Chapter 11 bankruptcy filing.

INLIF Ltd (NASDAQ: INLF) fell 43.7% to $0.25 in pre-market trading.

Eshallgo Inc (NASDAQ: EHGO) fell 22.5% to $2.24 in pre-market trading after surging 119% on Wednesday.

Elicio Therapeutics Inc (NASDAQ: ELTX) declined 20.4% to $3.75 in pre-market trading.

Elicio Therapeutics shares jumped over 70% on Wednesday after the company announced it reported 100% complete responses in three metastatic pancreatic cancer patients following ELI-002 7P and Nivolumab Therapy.

Golden Heaven Group Holdings Ltd (NASDAQ: GDHG) fell 20.1% to $1.66 in pre-market trading after jumping 30% on Wednesday.

UTime Ltd (NASDAQ: WTO) fell 18% to $0.58 in pre-market trading.

UTime shares dipped 24% on Wednesday lower after the company announced 10-for-1 share consolidation, effective June 22.

NewGenIvf Group Ltd (NASDAQ: NIVF) fell 17.7% to $0.66 in pre-market trading.

On Tuesday, the company announced that it would repurchase all outstanding convertible notes and warrants from a significant investor.

SL Science Holding Ltd (NASDAQ: SLBT) declined 16.7% to $5.31 in pre-market trading after dipping 28% on Wednesday.

ATRenew Inc (NYSE: RERE) shares dipped 10.8% to $3.54 in pre-market trading.

Legend Biotech Corp (NASDAQ: LEGN) fell 9% to $30.50 in pre-market trading after the company announced the pricing of public offering.

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