Why Harmonic Shares Are Trading Higher By Around 13%; Here Are 20 Stocks Moving Premarket

Shares of Harmonic Inc (NASDAQ:HLIT) rose sharply in pre-market trading after the company reported better-than-expected first-quarter financial results and issued second-quarter guidance above estimates. Also, the company raised its FY26 EPS guidance above estimates.

Harmonic reported quarterly earnings of 17 cents per share which beat the analyst consensus estimate of 12 cents per share. The company reported quarterly sales of $121.695 million which beat the analyst consensus estimate of $102.213 million.

Harmonic shares jumped 13% to $14.50 in pre-market trading.

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

Gainers

• Buzzfeed Inc (NASDAQ:BZFD) gained 94.6% to $1.42 in pre-market trading after the company announced a proposed majority stake investment from Byron Allen’s family office alongside a major leadership transition and AI-focused restructuring plan.
• Dreamland Ltd (NASDAQ:TDIC) gained 34.1% to $1.40 in pre-market trading. Dreamland’s subsidiary Trendic International Limited and LinkFung Innovation Limited entered into MoU to explore development, implementation, and deployment of a comprehensive AI-powered intelligent image library platform.
• High-Trend International Group (NASDAQ:HTCO) rose 28.4% to $9.05 in pre-market trading. High-Trend International Group Class A shareholders approved major corporate governance enhancements.
• Quantum Computing Inc (NASDAQ:QUBT) gained 25% to …

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