Shares of Levi Strauss & Co. (NYSE:LEVI) rose sharply in pre-market trading as the company reported better-than-expected financial results for the first quarter of 2026 after the market closed on Tuesday.
Levi Strauss raised its full-year 2026 revenue guidance from a range of $6.60 billion to $6.66 billion to a new range of $6.63 billion to $6.69 billion, versus estimates of $6.64 billion. The company also raised its full-year adjusted earnings guidance from a range of $1.40 to $1.46 per share to a new range of $1.42 to $1.48 per share, versus estimates of $1.47 per share.
Levi Strauss shares jumped 9.9% to $21.67 in pre-market trading.
Here are some other stocks moving in pre-market trading.
Gainers
- Quince Therapeutics Inc (NASDAQ:QNCX) gained 103.4% to $0.33 in pre-market trading after jumping 86% on Tuesday. Quince Therapeutics recently announced a settlement of its outstanding obligations under a loan from the European Investment Bank for a payment of $5.5 million.
- VS Media Holdings Ltd (NASDAQ:VSME) gained 67.6% to $1.26 in pre-market trading after dipping 19% on Tuesday.
- U Power Ltd (NASDAQ:UCAR) gained 61.7% to $0.89 in pre-market trading after entering subscription agreements with seven purchasers to sell 2.9 million Class A shares.
- iPower Inc (NASDAQ:IPW) rose 48.4% to $1.90 in pre-market trading after declining 8% on Tuesday.
- 707 Cayman Holdings Ltd (NASDAQ:JEM) jumped 40.1% to $0.15 in pre-market trading after surging 8% on Tuesday.
- Autozi Internet Technology (Global) Ltd (NASDAQ:AZI) rose 30.3% to $2.23 in pre-market trading after dipping 11% on Tuesday.
- Hyperscale Data Inc (NYSE:GPUS) rose 27.2% to $0.18 in pre-market trading after the company announced preliminary first-quarter revenue of $43 million to $45 million, reflecting approximately 72% to 80% year-over-year growth.
- AXT, Inc. (NASDAQ:AXTI) rose 16% to $52.70 in pre-market trading. AXT will release its first quarter 2026 earnings on April 30.
- IperionX Limited (NASDAQ:IPX) gained 12.1% to $30.50 in pre-market trading.
Losers
- WM Technology Inc (NASDAQ:MAPS) fell 40% to $0.42 in pre-market trading after the company announced plans to voluntarily delist its shares from Nasdaq.
- Turbo Energy SA (NASDAQ:TURB) declined 29.8% to $2.14 in pre-market trading. Turbo Energy recently reported FY25 preliminary revenue range of $22.5 million to $23.5 million.
- Trio Petroleum Corp (NYSE:TPET) fell 27.1% to $0.52 in pre-market trading following a regulatory update tied to its ongoing equity offering program. The company disclosed Tuesday in a Form 8-K that it filed Amendment No. 7 to its prospectus supplement related to its at-the-market (ATM) equity offering program.
- Battalion Oil Corp (NYSE:BATL) dipped 24.5% to $3.16 in pre-market trading.
- Lixiang Education Holding Co Ltd – ADR (NASDAQ:LXEH) tumbled 22.5% to $0.20 in pre-market trading after jumping 44% on Tuesday. Lixiang Education Holding recently announced it will change its ADS ratio from 100 ordinary shares per ADS to 1,000 ordinary shares per ADS.
- TMD Energy Ltd (NYSE:TMDE) shares dipped 18.1% to $1.49 in pre-market trading.
- EON Resources Inc (NYSE:EONR) fell 15.4% to $0.74 in pre-market trading.
- AleAnna Inc (NASDAQ:ANNA) fell 14.5% to $6.72 in pre-market trading.
- W&T Offshore, Inc. (NYSE:WTI) dipped 12.2% to $2.96 in pre-market trading.
- Kura Sushi USA Inc (NASDAQ:KRUS) fell 5.5% to $69.00 in pre-market trading. Kura Sushi reported a narrower-than-expected loss for the second quarter and raised its FY2026 sales guidance.
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