--- title: "Why SiTime Shares Are Trading Higher By Over 30%; Here Are 20 Stocks Moving Premarket" type: "News" locale: "en" url: "https://longbridge.com/en/news/295085236.md" description: "SiTime (SITM) shares surged over 30% in pre-market trading after reporting better-than-expected Q2 earnings and sales. Other gainers included Clearone (CLRO), Wing Yip Food Holdings (WYHG), and SoundHound AI (SOUN). Conversely, YXT Com Group (YXT) dropped significantly following a CFO resignation, while ThredUp (TDUP) and HubSpot (HUBS) fell due to disappointing financial results and lowered guidance." datetime: "2026-08-06T08:55:12.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/295085236.md) - [en](https://longbridge.com/en/news/295085236.md) - [zh-HK](https://longbridge.com/zh-HK/news/295085236.md) --- # 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. _Photo via Shutterstock_ ### Related Stocks - [CLRO.US](https://longbridge.com/en/quote/CLRO.US.md) - [SITM.US](https://longbridge.com/en/quote/SITM.US.md) - [HUBS.US](https://longbridge.com/en/quote/HUBS.US.md) - [YXT.US](https://longbridge.com/en/quote/YXT.US.md) - [SOUN.US](https://longbridge.com/en/quote/SOUN.US.md) - [WYHG.US](https://longbridge.com/en/quote/WYHG.US.md) - [TDUP.US](https://longbridge.com/en/quote/TDUP.US.md) - [SOUX.US](https://longbridge.com/en/quote/SOUX.US.md) - [SURG.US](https://longbridge.com/en/quote/SURG.US.md) - [PAVS.US](https://longbridge.com/en/quote/PAVS.US.md) - [MGRX.US](https://longbridge.com/en/quote/MGRX.US.md) - [CELZ.US](https://longbridge.com/en/quote/CELZ.US.md) - [WPP.US](https://longbridge.com/en/quote/WPP.US.md) - [WPP.UK](https://longbridge.com/en/quote/WPP.UK.md) - [HNST.US](https://longbridge.com/en/quote/HNST.US.md) - [NXTT.US](https://longbridge.com/en/quote/NXTT.US.md) - [RCON.US](https://longbridge.com/en/quote/RCON.US.md) - [CNTX.US](https://longbridge.com/en/quote/CNTX.US.md) - [ZYBT.US](https://longbridge.com/en/quote/ZYBT.US.md) - [LZ.US](https://longbridge.com/en/quote/LZ.US.md) - [AKBA.US](https://longbridge.com/en/quote/AKBA.US.md) - [FLNC.US](https://longbridge.com/en/quote/FLNC.US.md) - [SOUNW.US](https://longbridge.com/en/quote/SOUNW.US.md) ## Related News & Research - [Why SiTime stock blasted almost 27% higher on Thursday](https://longbridge.com/en/news/295153233.md) - [SiTime director Torsten Kreindl sells common shares worth $760,500](https://longbridge.com/en/news/295464617.md) - [SiTime Corporation (NASDAQ:SITM) Receives Average Recommendation of "Moderate Buy" from Brokerages](https://longbridge.com/en/news/295106319.md) - [SiTime Q2 revenue jumps 127% on CED segment growth](https://longbridge.com/en/news/295010124.md) - [SOUN Stock Price Outlook: What Technical Analysis Says Right Now](https://longbridge.com/en/news/295560986.md)