Shares of United Rentals Inc (NYSE:URI) rose sharply in pre-market trading after the company reported better-than-expected first-quarter financial results and raised its FY26 sales guidance.
United Rentals reported quarterly earnings of $9.71 per share which beat the analyst consensus estimate of $8.97 per share. The company reported quarterly sales of $3.985 billion which beat the analyst consensus estimate of $3.877 billion.
United Rentals shares jumped 14.6% to $920.05 in pre-market trading.
Here are some other stocks moving in pre-market trading.
Gainers
- Pineapple Financial Inc (NYSE:PAPL) gained 55% to $0.93 in pre-market trading after the company announced it expanded its share buyback program to $15 million.
- Akanda Corp (NASDAQ:AKAN) gained 44% to $14.70 in pre-market trading after jumping 214% on Wednesday.
- cbdMD Inc (NYSE:YCBD) rose 30.1% to $1.21 in pre-market trading after gaining 10% on Wednesday.
- System1 Inc (NYSE:SST) jumped 23.6% to $3.46 in pre-market trading after gaining 7% on Wednesday.
- Functional Brands Inc (NASDAQ:MEHA) rose 21.2% to $0.16 in pre-market trading after the Oregon-based company announced a strategic partnership with artificial intelligence platform partnrup.ai for its digital health unit Tru2u.health.
- Quantumscape Corp (NASDAQ:QS) gained 21.2% to $8.86 in pre-market trading after the company reported better-than-expected first-quarter EPS results.
- BioVie Inc (NASDAQ:BIVI) gained 20.7% to $1.88 in pre-market trading.
- Trio-Tech International (NYSE:TRT) rose 19.1% to $9.84 in pre-market trading after jumping 17% on Wednesday.
- Texas Instruments Inc (NASDAQ:TXN) gained 10.2% to $260.51 in pre-market trading after the company reported better-than-expected first-quarter financial results and issued second-quarter guidance above estimates.
Losers
- ASGN Inc (NYSE:ASGN) fell 25.2% to $30.23 in pre-market trading after the company reported worse-than-expected first-quarter financial results and issued second-quarter guidance below estimates.
- Axe Compute Inc (NASDAQ:AGPU) declined 21.2% to $6.90 in pre-market trading. Axe Compute shares jumped 79% on Wednesday after the company announced it signed a 36-month enterprise infrastructure contract to will deliver dedicated GPU compute and AI-focused high-speed storage infrastructure from a single U.S. Tier 3 data center facility.
- Antelope Enterprise Holdings Ltd (NASDAQ:AEHL) shares dipped 20.3% to $0.55 in pre-market trading after the company disclosed a securities purchase agreement in a Form 6-K filing with the Securities and Exchange Commission.
- Medpace Holdings Inc (NASDAQ:MEDP) fell 17.3% to $420.01 in pre-market trading after posting first-quarter results.
- Greenlane Holdings Inc (NASDAQ:GNLN) fell 16.8% to $4.60 in pre-market trading. Greenlane Holdings recently announced upcoming pre-funded warrant conversion and lock-up of strategic advisor warrants.
- Cheetah Net Supply Chain Service Inc (NASDAQ:CTNT) tumbled 15.7% to $0.034 in pre-market trading after dipping 10% on Wednesday.
- LG Display Co Ltd (NYSE:LPL) fell 15.2% to $4.55 in pre-market trading after gaining over 6% on Wednesday.
- ServiceNow Inc (NYSE:NOW) dipped 13.7% to $88.89 in pre-market trading after the company first-quarter financial results. The company said that FY26 will see some near-term headwinds to margins due to geopolitical headwinds.
- Trident Digital Tech Holdings Ltd (NASDAQ:TDTH) dipped 11.3% to $0.067 in pre-market trading.
- IBM (NYSE:IBM) fell 7.6% to $232.70 in pre-market trading after reporting first-quarter results.
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