--- title: "Why Alphabet Shares Are Trading Higher By 12%; Here Are 20 Stocks Moving Premarket" description: "Alphabet Inc. shares rose 11.9% in pre-market trading after posting upbeat Q1 results. The company's revenue increased 15% YoY to $80.539 billion, beating estimates, and it reported earnings of $1.89 " type: "news" locale: "en" url: "https://longbridge.com/en/news/202918852.md" published_at: "2024-04-26T12:18:32.000Z" --- # Why Alphabet Shares Are Trading Higher By 12%; Here Are 20 Stocks Moving Premarket > Alphabet Inc. shares rose 11.9% in pre-market trading after posting upbeat Q1 results. The company's revenue increased 15% YoY to $80.539 billion, beating estimates, and it reported earnings of $1.89 per share, surpassing analyst expectations. Alphabet also authorized a share repurchase program and announced its first-ever quarterly dividend. Other stocks moving in pre-market trading include Tevogen Bio Holdings, Snap Inc., and ResMed Inc. Shares of **Alphabet Inc.** (NASDAQ:GOOGL) (NASDAQ:GOOG) rose sharply in today's pre-market trading the company posted upbeat results for its first quarter. Google parent Alphabet said its first-quarter revenue increased 15% year-over-year to $80.539 billion, beating the consensus estimate of $78.594 billion. The company reported quarterly earnings of $1.89 per share, beating analyst estimates of $1.51 per share, according to data from Benzinga Pro. Alphabet's board authorized an additional share repurchase program of up to $70 billion and also announced its first-ever quarterly dividend. Alphabet shares jumped 11.9% to $174.58 in pre-market trading. Here are some other stocks moving in pre-market trading. Gainers - **Tevogen Bio Holdings Inc**. (NASDAQ:TVGN) shares gained 64.7% to $1.40 in pre-market trading after falling over 43% on Thursday. - **Pineapple Energy Inc.** (NASDAQ:PEGY) gained 40.5% to $0.0729 in pre-market trading. - **Freight Technologies, Inc**. (NASDAQ:FRGT) climbed 32.4% to $1.21 in pre-market trading after gaining 5% on Thursday. - **Snap Inc**. (NYSE:SNAP) gained 24.2% to $14.16 in pre-market trading after the company reported better-than-expected first-quarter financial results and issued second-quarter revenue guidance above estimates. Also, the company reported a year-over-year increase in quarterly daily active users. - **Earlyworks Co., Ltd** (NASDAQ:ELWS) rose 20.7% to $0.88 in today's pre-market trading after gaining 19% on Thursday. - **Kintara Therapeutics, Inc**. (NASDAQ:KTRA) shares gained 20.1% to $0.1898 in pre-market trading after gaining 15% on Thursday. - **NewGenIvf Group Limited** (NASDAQ:NIVF) shares gained 14.6% to $1.49 in pre-market trading after dipping 16% on Thursday. - **ResMed Inc**. (NYSE:RMD) shares rose 11.5% to $204.50 in pre-market trading after the company reported better-than-expected third-quarter financial results. - **Skechers U.S.A., Inc**. (NYSE:SKX) shares gained 11% to $65.30 in pre-market trading after the company reported better-than-expected first-quarter financial results. ### Losers - **Aclarion, Inc**. (NASDAQ:ACON) fell 19.5% to $0.3161 in pre-market trading. Aclarion shares jumped 36% on Thursday after the company announced that its Nociscan solution will be used in the upcoming LIFEHAB trial evaluating the diagnosis and treatment of chronic low back pain. - **Vincerx Pharma, Inc**. (NASDAQ:VINC) shares declined 16.4% to $0.75 in pre-market trading after the company announced pricing of underwritten public offering of common stock and warrants. - **SCWorx Corp**. (NASDAQ:WORX) fell 16.3% to $2.31 pre-market trading after surging 36% on Thursday. - **Processa Pharmaceuticals, Inc**. (NASDAQ:PCSA) fell 15.4% to $2.05 in pre-market trading. Processa Pharmaceuticals shares jumped 50% on Thursday after HC Wainwright & Co initiated coverage on the stock with a Buy rating and announced an $8 price target. - **Chicken Soup for the Soul Entertainment, Inc**. (NASDAQ:CSSE) fell 13.9% to $0.2238 pre-market trading after dipping 39% on Thursday. Chicken Soup For The Soul Entertainment received delinquency letter from the Nasdaq. - **Northann Corp**. (NYSE:NCL) shares fell 13.6% to $0.4015 in pre-market trading after dipping 12% on Thursday. - **Boyd Gaming Corporation** (NYSE:BYD) shares declined 12.6% to $55.00 in pre-market trading after the company reported worse-than-expected first-quarter adjusted EPS results. - **Intel Corporation** (NASDAQ:INTC) shares fell 7.2% to $32.57 in pre-market trading after the company reported worse-than-expected first-quarter sales results and issued EPS guidance below estimates. - **Hertz Global Holdings, Inc**. (NASDAQ:HTZ) shares fell 5.8% to $4.41 in pre-market trading after dipping 19% on Thursday. - **DexCom, Inc.** (NASDAQ:DXCM) shares declined 5.3% to $130.70 in pre-market trading after the company reported first-quarter financial results. 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