Premarket Movers｜Veeva Jumps 11%; Okta Rises 3%; Ses AI Crumbles 19%; IREN Sinks 4%; Rigetti Computing Drops 4%

Tiger Newspress03-05 17:11

Veeva shares jumped 11% in premarket trading after results easily beat consensus estimates and it issued positive guidance. Veeva Systems sees FY2027 EPS of $8.85, versus the consensus of $8.59.

Cloud-based identity-software provider Okta reported a revenue and earnings beat, sending shares up 3% in premarket trading even as guidance for the current quarter came in below analysts’ expectations.

Ses AI Corp. shares crumbled 19% in premarket trading after the company released its fourth-quarter earnings report, missing the Street's revenue expectations and guiding to fiscal 2026 revenue below estimates.

Rigetti Computing shares fell 4% in premarket trading after the quantum computing firm reported fourth-quarter results that missed Wall Street's estimates.

IREN announced Wednesday that it has expanded its ordinary share offering program, increasing the total amount available for sale to $6 billion under its At Market Issuance Sales Agreement. The shares sank 5% in premarket trading.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment