Market News

These Stocks are the Biggest Pre-Market Movers on Tuesday

TipRanks has compiled a list of Tuesday’s biggest pre-market stock movements. 

Today’s stock market is dominated by mixed market sentiment on company-specific news, earnings releases, and other variables. Using TipRanks’ new Top Stock Gainers/Losers page, we’ve identified the top five pre-market stock movers, as detailed below. 

5 Biggest Movers 

NeoGenomics, Inc. (NEO) was the biggest laggard in pre-market trading, plummeting 26% at last watch. The negative sentiment followed the company’s revelation of its stepping down Chief Executive, Mark Mallon. Also, the clinical laboratory disclosed that it is expected to miss first-quarter guidance and withdrew annual guidance. 

Meanwhile, ABM Industries Incorporated (ABM), a facility management provider in the United States, rose in pre-market trading, recording gains of around 10.1% at the time of writing. The company has no fundamental news to explain the trading frenzy. 

Dave & Buster’s Entertainment, Inc. (PLAY), an American restaurant and entertainment business, dove 7.2% in pre-market trading at the time of writing. The company reported disappointing fourth-quarter 2021 results, missing both earnings and revenue expectations. Dave & Buster’s recorded Q4 EPS of $0.52, lower than the consensus estimate of $0.60, while revenue for the quarter stood at $343.1 million, missing analysts’ expectations of $365.07 million. 

Biotech firm Ginkgo Bioworks Holdings, Inc. (DNA) climbed 8% in the pre-market session at the time of writing. The upward movement followed an upbeat fourth-quarter revenue and above expectations 2022 guidance despite a wider-than-expected loss in Q4 2021. For 2022, the company expects revenue of $325-$340 million, above the consensus estimate of $305.8 million.  

The Duckhorn Portfolio, Inc. (NAPA) completes the list. The producer and seller of wines in North America jumped 6.55% in pre-market trading, at last watch. The upward movement followed an 8.12% surge in price at Monday’s close. The company has no business-specific news to explain the trading frenzy. 

Continue to watch this space for possible volatility upon the market opens. Tomorrow, we’ll have another up-to-date piece on stock Pre-Market Movers… 

Download the TipRanks mobile app now 

To find good ideas for stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights. 

Read full Disclaimer & Disclosure

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More