--- title: "Why Applied Digital Shares Are Trading Higher; Here Are 20 Stocks Moving Premarket" type: "News" locale: "en" url: "https://longbridge.com/en/news/301243428.md" description: "Applied Digital shares rose 3.9% in pre-market trading after reporting Q1 adjusted revenue of $300.39 million, beating estimates, and a narrower-than-expected loss. Other gainers included Xiao-I (+94.7%), iPower (+70.1%), and Wolfspeed (+16.4%) following financing news. Losers featured China SXT (-24%), Medicus Pharma (-24%) after a stock split, and Pinnacle Food Group (-19.9%)." datetime: "2026-10-08T08:32:05.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/301243428.md) - [en](https://longbridge.com/en/news/301243428.md) - [zh-HK](https://longbridge.com/zh-HK/news/301243428.md) generator: "portal-rs" --- # Why Applied Digital Shares Are Trading Higher; Here Are 20 Stocks Moving Premarket Shares of **Applied Digital Corp** (NASDAQ:APLD) rose sharply in pre-market trading after the company posted better-than-expected financial results for the first quarter. Applied Digital reported first-quarter adjusted revenue of $300.39 million, beating analyst estimates of $132.16 million, according to Benzinga Pro. The digital infrastructure provider reported an adjusted loss of one cent per share for the quarter, beating estimates for a loss of 30 cents per share. Applied Digital shares jumped 3.9% to $24.73 in pre-market trading Here are some other stocks moving in pre-market trading. ### Gainers - **Xiao-I Corp** (NASDAQ:AIXI) rose 94.7% to $2.57 in pre-market trading after dipping around 29% on Wednesday. - **iPower Inc** (NASDAQ:IPW) rose 70.1% to $1.77 in pre-market trading after declining 8% on Wednesday. - **Murano Global Investments Pl**c (NASDAQ:MRNO) gained 64.6% to $0.39 in pre-market trading after the real estate and development group announced a Nasdaq compliance extension and a strategic review. - **DarkIris Inc** (NASDAQ:DKI) gained 36.7% to $2.28 in pre-market trading followed a Tuesday Securities and Exchange Commission filing in which the company said shareholders approved all six items at an extraordinary general meeting in Xiamen. - **OLB Group Inc** (NASDAQ:OLB) gained 25.4% to $0.49 in pre-market trading. OLB Group recently announced it suspended its at-the-market equity offering program and authorized a share repurchase program. - **Stardust Power Inc** (NASDAQ:SDST) gained 22.8% to $0.092 in pre-market trading after falling 6% on Wednesday. - **Urban One Inc** (NASDAQ:UONE) gained 20.3% to $5.03 in pre-market trading. - P**rofound Medical Corp** (NASDAQ:PROF) gained 18.8% to $6.75 in pre-market trading after the company reported preliminary third-quarter revenue results. - **Wolfspeed Inc** (NYSE:WOLF) rose 16.4% to $36.54 in pre-market trading after the company announced it has received a conditional loan commitment letter from the U.S. Department of War for up to $1.5 billion of long-term financing to support the domestic development and production of silicon carbide materials and wide bandgap power devices ### Losers - **China SXT Pharmaceuticals Inc** (NASDAQ:SXTC) tumbled 24% to $2.15 in pre-market trading after jumping 126% on Wednesday. - **Medicus Pharma Ltd** (NASDAQ:MDCX) fell 24% to $0.12 in pre-market trading after the company announced a 50-for-1 stock split. - **Pinnacle Food Group Ltd** (NASDAQ:PFAI) fell 19.9% to $4.06 in pre-market trading after jumping over 88% on Wednesday. - **Baiya International Group In**c (NASDAQ:BIYA) fell 15.7% to $1.94 in pre-market trading after jumping over 68% on Wednesday. Baiya International Group recently reported a year-over-year increase in its H1 EPS results. - **VCI Global Ltd** (NASDAQ:VCIG) fell 15.4% to $0.65 in pre-market trading after dipping 45% on Wednesday. - **Cloudastructure Inc** (NASDAQ:CSAI) fell 13.7% to $2.27 in pre-market trading. - **SHF Holdings Inc** (NASDAQ:SHFS) fell 13.2% to $0.54 in pre-market trading after dipping 11% on Wednesday. Safe Harbor recently announced preliminary third quarter 2026 deposit results. - **argenx SE – ADR** (NASDAQ:ARGX) fell 8.7% to $847.72 in pre-market trading after the company announced plans to discontinue Phase 3 UNITY study of efgartigimod subcutaneous in adults with moderate-to-severe Sjögren’s disease after IDMC recommended stopping for futility at interim analysis. - **PennyMac Mortgage Investment Trust** (NYSE:PMT) declined 5.1% to $7.50 in pre-market trading. - **Immunovant Inc** (NASDAQ:IMVT) fell 4.8% to $30.50 in pre-market trading. Immunovant recently announced topline results from Period 1 of its proof-of-concept trial evaluating IMVT-1402 did not achieve statistical significance on its primary endpoint. *Photo via Shutterstock* ### Related Stocks - [46265P206.US](https://longbridge.com/en/quote/46265P206.US.md) - [AIXI.US](https://longbridge.com/en/quote/AIXI.US.md) - [APLD.US](https://longbridge.com/en/quote/APLD.US.md) - [CSAI.US](https://longbridge.com/en/quote/CSAI.US.md) - [DKI.US](https://longbridge.com/en/quote/DKI.US.md) - [IPW.US](https://longbridge.com/en/quote/IPW.US.md) - [MDCX.US](https://longbridge.com/en/quote/MDCX.US.md) - [MRNO.US](https://longbridge.com/en/quote/MRNO.US.md) - [OLB.US](https://longbridge.com/en/quote/OLB.US.md) - [PFAI.US](https://longbridge.com/en/quote/PFAI.US.md) - [PROF.US](https://longbridge.com/en/quote/PROF.US.md) - [SDST.US](https://longbridge.com/en/quote/SDST.US.md) - [SHFS.US](https://longbridge.com/en/quote/SHFS.US.md) - [SXTC.US](https://longbridge.com/en/quote/SXTC.US.md) - [UONE.US](https://longbridge.com/en/quote/UONE.US.md) - [UONEK.US](https://longbridge.com/en/quote/UONEK.US.md) - [VCIG.US](https://longbridge.com/en/quote/VCIG.US.md) - [WOLF.US](https://longbridge.com/en/quote/WOLF.US.md) ## Related News & Research - [SHF Holdings gets additional compliance period to regain minimum bid price](https://longbridge.com/en/news/302469553.md) - [Powering Up: Applied Digital Execs Buy $6.7M in Stock](https://longbridge.com/en/news/302446130.md) - [DarkIris shares sink on announcing share consolidation](https://longbridge.com/en/news/302294507.md) - [DarkIris Sets 1-for-50 Share Consolidation for Oct. 22](https://longbridge.com/en/news/302287740.md) - [Urban One amends debt terms to expand permitted uses of asset-sale proceeds](https://longbridge.com/en/news/302608796.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**