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Shares of Blaize Holdings Inc (NASDAQ:BZAI) rose sharply in pre-market trading after the company reported better-than-expected quarterly financial results.
In the fourth quarter, Blaize Holdings posted a net loss of $3.2 million, down from a loss of $26.3 million in the preceding quarter. The company said its revenue for the quarter rose to more than twice the level reported in the third quarter. Fourth-quarter revenue also exceeded the upper end of company guidance.
Blaize Holdings shares jumped 41.3% to $1.57 in pre-market trading.
Here are some other stocks moving in pre-market trading.
Gainers
- JFB Construction Holdings (NASDAQ:JFB) gained 92.8% to $18.93 in pre-market trading after dipping 47% on Tuesday. JFB Construction recently announced that its XTEND unit has successfully demonstrated its proprietary systems’ performance in combat-relevant testing environments and confirmed they meet U.S. government operational requirements.
- iTonic Holdings Ltd (NASDAQ:ITOC) gained 69.4% to $0.48 in pre-market trading after the Beijing-based company announced a $20 million private placement offering.
- Nft Ltd (NYSE:MI) gained 41.6% to $0.40 in pre-market trading after dipping 16% on Tuesday.
- UTime Ltd (NASDAQ:WTO) rose 28.2% to $3.49 in pre-market trading after gaining 10% on Tuesday.
- Next Technology Holding Inc (NASDAQ:
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