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Why Fastly Shares Are Trading Higher By Around 35%; Here Are 20 Stocks Moving Premarket

Benzinga·02/12/2026 09:31:16
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Shares of Fastly Inc (NASDAQ:FSLY) rose sharply in pre-market trading after the company reported better-than-expected fourth-quarter financial results and issued FY26 guidance above estimates.

Fastly reported quarterly earnings of 12 cents per share, which beat the analyst estimate of six cents, according to data from Benzinga Pro. Quarterly revenue of $172.61 million beat the Street estimate of $161.36 million and was up from $140.58 million in the same period last year.

Fastly shares jumped 34.8% to $12.55 in the pre-market trading session.

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

Gainers

  • Lianhe Sowell International Group Ltd (NASDAQ:LHSW) gained 63.9% to $0.32 in pre-market trading after adding more than 6% on Wednesday.
  • ChowChow Cloud International HLDG Ltd (NYSE:CHOW) gained 53.2% to $0.72 in pre-market trading after rising 15% on Wednesday. ChowChow Cloud International recently reported a year-over-year increase H1 2025 revenue and net income results.
  • Greenlane Holdings Inc (NASDAQ:GNLN) gained 32.6% to $1.22 in pre-market trading after falling 7% on Wednesday. On Feb. 4, Greenlane Subsidiary Inc., a wholly owned subsidiary of Greenlane Holdings, signed a Token Purchase and Sale Agreement and a Token Lending Agreement with Cayman Islands–based Berachain Operations Corporation, according to a Feb. 9 Securities and Exchange Commission filing.
  • Novocure Ltd (NASDAQ:NVCR) rose 32% to $13.86 in pre-market trading after the Food and Drug Administration approved Optune Pax for the treatment of locally advanced pancreatic cancer.
  • Star Fashion Culture Holdings Ltd (NASDAQ:STFS) gained 23.8% to $0.13 in pre-market trading after rising around 7% on Wednesday.
  • Porch Group Inc (NASDAQ:PRCH) gained 21.8% to $9.25 in pre-market trading after the company reported better-than-expected quarterly financial results.
  • McGraw Hill Inc (NYSE:MH) gained 20.8% to $14.90 in pre-market trading after the company reported better-than-expected third-quarter financial results and raised its FY26 sales guidance.
  • Cognex Corp (NASDAQ:CGNX) rose 18.8% to $51.10 in pre-market trading after the company reported better-than-expected fourth-quarter financial results and issued first-quarter guidance above estimates.
  • Viking Therapeutics Inc (NASDAQ:VKTX) gained 12.3% to $32.05 in pre-market trading following fourth-quarter results.

Losers

  • STRATA Skin Sciences Inc (NASDAQ:SSKN) dipped 59.2% to $0.49 in pre-market trading.
  • Neo-Concept International Grp Hldngs Ltd (NASDAQ:NCI) fell 45.5% to $1.44 in pre-market trading. Neo-Concept International announced closing of approximately $8.1 million public offering of Class A ordinary shares.
  • Society Pass Inc (NASDAQ:SOPA) dipped 34.1% to $0.60 in pre-market trading after the company announced pricing of $3.0 million public offering of common stock.
  • American Rebel Holdings Inc (NASDAQ:AREB) fell 34.1% to $0.40 in pre-market trading. American Rebel Holdings shares dipped 39% on Wednesday after the company announced it will not appeal the Nasdaq Staff Delisting Determination and will instead pursue a structured transition to OTC Markets.
  • BioRestorative Therapies Inc (NASDAQ:BRTX) shares dipped 29.7% to $0.29 in pre-market trading after the company reported pricing of $5.0 million public offering.
  • Magnum Ice Cream Company NV (NYSE:MICC) fell 16.1% to $16.68 in pre-market trading.
  • ABPRO Holdings Inc (NASDAQ:ABP) tumbled 14.3% to $1.09 in pre-market trading after dipping 24% on Wednesday.
  • Rollins Inc (NYSE:ROL) fell 12.6% to $57.34 in pre-market trading after the company reported worse-than-expected quarterly financial results.
  • Inspire Medical Systems Inc (NYSE:INSP) fell 11.4% to $60.47 in pre-market trading after the company reported fourth-quarter financial results and issued FY26 sales guidance with its midpoint below estimates.
  • Paycom Software Inc (NYSE:PAYC) declined 8.2% to $108.95 in pre-market trading after the company reported quarterly financial results and issued FY26 sales guidance below estimates.

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