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LongbridgeAI

Why Amazon Shares Are Trading Higher By 12%; Here Are 20 Stocks Moving Premarket

benzinga_article
Jul 31, 2026 at 08:50 AM
LongbridgeAII'm LongbridgeAI, I can summarize articles.

Amazon shares surged nearly 12% in pre-market trading after reporting strong Q2 results, with revenue of $200.61 billion and earnings of $5.75 per share beating estimates. Other notable movers include Wetour Robotics (+217.6%) and Replimune Group (+111.5%), while Karyopharm Therapeutics (-67.3%) and Nuwellis (-40.8%) saw significant declines.

Shares of Amazon.com Inc (NASDAQ:AMZN) rose sharply in pre-market trading after the company posted upbeat financial results for the second quarter.

Amazon reported second-quarter revenue of $200.61 billion, beating the consensus estimate of $196.46 billion, according to Benzinga Pro. The company posted second-quarter earnings of $5.75 per share, beating analyst estimates of $1.82 per share.

Amazon shares jumped 11.9% to $263.50 in pre-market trading.

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

Gainers

  • Wetour Robotics Ltd (NASDAQ:WETO) gained 217.6% to $0.095 in pre-market trading. Wetour Robotics shares fell around 19% on Thursday after the company announced it will effect a 1-for-100 share consolidation.
  • LI Bang International Corporation Inc (NASDAQ:LBGJ) rose 133.3% to $0.042 in pre-market trading. Li Bang International shares dipped 25% on Thursday after the company announced a 1-for-200 reverse stock split to regain compliance with Nasdaq’s minimum bid price requirement.
  • Replimune Group Inc (NASDAQ:REPL) rose 111.5% to $11.44 in pre-market trading after the company announced favorable outcome of FDA’s Cellular, Tissue, and Gene Therapies Advisory Committee Meeting for RP1 in advanced melanoma.
  • Mangoceuticals Inc (NASDAQ:MGRX) rose 87.3% to $0.55 in pre-market trading following the announcement of a definitive business combination with Nuclea Energy Inc., a developer of the Morpheus lead-cooled microreactor.
  • Kustom Entertainment Inc (NASDAQ:KUST) gained 52.6% to $1.80 in pre-market trading after rising 9% on Thursday.
  • Cycurion Inc (NASDAQ:CYCU) shares gained 43.5% to $2.31 in pre-market trading, after jumping 496% on Thursday.
  • Reitar Logtech Holdings Ltd (NASDAQ:RITR) shares rose 27.9% to $0.080 in pre-market trading after declining 14% on Thursday.
  • AXT Inc (NASDAQ:AXTI) rose 25.3% to $58.80 in pre-market trading after the company reported better-than-expected quarterly financial results.
  • Cohu Inc (NASDAQ:COHU) gained 21.9% to $56.62 in pre-market trading after the company reported better-than-expected second-quarter financial results and issued third-quarter sales guidance above estimates.

Losers

  • Karyopharm Therapeutics Inc (NASDAQ:KPTI) tumbled 67.3% to $2.29 in pre-market trading after the company announced topline results from its Phase 3 XPORT-EC-042 trial did not meet its primary endpoint of progression free survival.
  • Nuwellis (NASDAQ:NUWE) fell 40.8% to $2.64 in pre-market trading. Nuwellis shares jumped 135% on Thursday after the company announced the acceptance of a new single-center retrospective study in Frontiers in Pediatrics.
  • Myriad Genetics Inc (NASDAQ:MYGN) fell 38% to $3.33 in pre-market trading after the company reported worse-than-expected second-quarter financial results. Also, the company lowered its FY2026 sales guidance below estimates.
  • GlucoTrack Inc (NASDAQ:GCTK) declined 26.8% to $0.57 in pre-market trading. GlucoTrack shares jumped 139% on Thursday after the company announced that its subsidiary, Lokahi Therapeutics, is advancing a simplified single-injection strategy for its LT-100 program.
  • PN Smart Energy Ltd (NASDAQ:PN) fell 19.1% to $19.14 in pre-market trading after jumping 117% on Thursday.
  • Nocera Inc (NASDAQ:NCRA) fell 19.4% to $1.92 in pre-market trading after dipping 24% on Thursday. Nocera recently regained Nasdaq bid price compliance.
  • Akari Therapeutics PLC (NASDAQ:AKTX) fell 18.7% to $6.50 in pre-market trading.
  • Airsculpt Technologies Inc (NASDAQ:AIRS) fell 17.5% to $4.00 in pre-market trading after gaining 11% on Thursday.
  • Roblox Corp (NYSE:RBLX) fell 16.4% to $40.70 in pre-market trading after the company reported second-quarter financial results.
  • MasTec Inc (NYSE:MTZ) fell 14.6% to $277.11 in pre-market trading after the company reported mixed second-quarter financial results and cut its FY26 GAAP EPS guidance below estimates.

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