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Shares of Navan Inc (NASDAQ:NAVN) rose sharply in pre-market trading after the company reported better-than-expected fourth-quarter financial results and issued first-quarter sales guidance above estimates.
Navan reported fourth-quarter revenue of $177.92 million, beating analyst estimates of $162 million, according to Benzinga Pro. The company reported adjusted earnings of two cents per share for the quarter, beating estimates for a loss of 12 cents per share.
Navan shares jumped 25.7% to $11.50 in pre-market trading.
Here are some other stocks moving in pre-market trading.
Gainers
- EpicQuest Education Group Internatnl Ltd (NASDAQ:EEIQ) gained 109.8% to $5.73 in pre-market trading after gaining 22% on Wednesday.
- Fitness Champs Holdings Ltd (NASDAQ:FCHL) gained 84.8% to $3.16 in pre-market trading after dipping 42% on Wednesday. According to a Mar. 18 Securities and Exchange Commission filing, FCHL’s board approved the 15-for-1 share consolidation on Feb. 12 to regain compliance with Nasdaq Marketplace Rule 5550(a)(2), which mandates a minimum bid price of $1 per share.
- Olaplex Holdings Inc (NASDAQ:OLPX) gained 50.4% to $2.00 in pre-market trading after the company agreed to a $1.4 billion cash buyout by Henkel at $2.06 per share.
- Southland Holdings Inc (NYSE:SLND) rose 29.4% …
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