Shares of RH (NYSE: RH) rose sharply in today’s pre-market trading following the release of quarterly results.
RH posted weaker-than-expected results for its fourth quarter, but issued upbeat forecast. The company said it sees full-year 2024 demand growth of 12% to 14% and revenue growth of 8% to 10% on a year-over-year basis, according to data from Benzinga Pro.
RH shares jumped 9.4% to $324.99 in pre-market trading
Here are some other stocks moving in pre-market trading.
Gainers
Avalo Therapeutics, Inc. (NASDAQ: AVTX) rose 256.6% to $16.94 in pre-market trading after the company announced it acquired a Phase 2-ready anti-IL-1β mAb, which it refers to as AVTX-009, through the acquisition of privately held AlmataBio.
Binah Capital Group, Inc. (NASDAQ: BCG) gained 149% to $23.65 in pre-market trading after dipping more than 20% on Wednesday.
Kidpik Corp. (NASDAQ: PIK) gained 49.5% to $4.89 in pre-market trading.
Kidpik recently regained compliance with the Nasdaq minimum bid price requirement.
Kintara Therapeutics, Inc. (NASDAQ: KTRA) shares rose 36.3% to $0.1220 in pre-market ...
Related tickers: LGVN, CZOO, CC, MLKN, GCTS, PIK, XXII, MVLA, RH, ABTS, AKBA, BCG, GCT, NCNA, GMDA, HKIT, AVTX, UGRO, SOBR, KTRA.
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