Why LendingClub Shares Are Trading Higher By Around 23%; Here Are 20 Stocks Moving Premarket

Shares of LendingClub Corporation (NYSE:LC) rose sharply in pre-market trading after the company reported better-than-expected second-quarter sales results.

LendingClub reported a strong second-quarter performance, with a 156% increase in net income. The company's second-quarter revenue and net income growth outperformed the previous year by 33% and 32%, respectively.

LendingClub shares surged 23.2% to $16.20 in the pre-market trading session.

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

Gainers

• Fundamental Global Inc. (NASDAQ:FGF) shares gained 60.9% to $34.60 in pre-market trading. Fundamental Global raised $200 million in private placement to launch Ethereum Treasury strategy on ETH’s 10th anniversary.
• Replimune Group, Inc. (NASDAQ:REPL) rose 53.1% to $5.74 in pre-market trading after gaining 18% on Tuesday.
• Safe and Green Development Corporation (NASDAQ:SGD) climbed 47.6% to $1.86 in pre-market trading after gaining 39% on Tuesday.
• STAK Inc. (NASDAQ:STAK) shares jumped 39.7% to $2.34 in pre-market trading after falling 18% on Tuesday.
• Tigo Energy, Inc. (NASDAQ:TYGO) surged 31.9% to $1.60 in pre-market trading after the company reported better-than-expected second-quarter financial results and issued third-quarter sales guidance above estimates.
• OceanPal Inc. (NASDAQ:OP) gained 28.2% to $0.18 in pre-market trading after dipping 18% on Tuesday.
• Capricor Therapeutics, Inc. (NASDAQ:CAPR) gained 21.1% to $8.16 in pre-market trading.
• AtriCure, Inc. (NASDAQ:ATRC) rose 10.5% to $35.03 in pre-market trading after the company reported better-than-expected second-quarter financial results and raised its FY25 guidance above estimates.
• Sarepta Therapeutics, Inc. (NASDAQ:SRPT) gained 9.7% to $17.36 in pre-market trading after surging 14% on Tuesday.

Losers

• Healthcare Triangle, Inc. (NASDAQ:HCTI) dipped 31.6% to $0.0347 in pre-market trading after falling 12% on Tuesday.
• Cardiff Oncology, Inc. (NASDAQ:CRDF) declined 25.7% to $2.46 in pre-market trading after the company announced second-quarter earnings.
• ScanTech AI Systems Inc. (NASDAQ:STAI) fell 18.8% to $0.9659 in pre-market trading. ScanTech AI Systems shares jumped 78% on Tuesday after the company announced it will offer its technology through the TIPS contract it entered with Creeksource Consulting.
• Antelope Enterprise Holdings Limited (NASDAQ:AEHL) dipped 16.5% to $3.24 in pre-market trading after falling over 8% on Tuesday. AEHL signed a $50 million financing agreement to launch a Bitcoin acquisition plan.
• Shineco, Inc. (NASDAQ:SISI) declined 15.3% to $0.1850 in pre-market trading after gaining 44% on Tuesday.
• China Natural Resources, Inc. (NASDAQ:CHNR) shares tumbled 10.5% to $3.97 in pre-market trading after gaining 5% on Tuesday.
• New Oriental Education & Technology Group Inc. (NYSE:EDU) fell 10.2% to $41.96 in pre-market trading following quarterly results.
• Global Interactive Technologies, Inc. (NASDAQ:GITS) fell 8.8% to $2.19 in pre-market trading after declining 7% on Tuesday.
• SoFi Technologies, Inc. (NASDAQ:SOFI) shares fell 7.8% to $20.64 in pre-market trading after the company reported the pricing of public offering of common stock.
• Seagate Technology Holdings plc (NASDAQ:STX) fell 6.6% to $142.55 in pre-market trading after the company posted fourth-quarter results.

Now Read This:

• Jim Cramer Prefers This Financial Stock Over Brighthouse Financial

Photo via Shutterstock