Pre-market Stock Movers: Sanmina, Take-Two Interactive, and Securitize Gain on Strong Results
Several companies experienced significant price volatility during pre-market trading following key earnings reports and guidance updates. Sanmina (SANM) surged 19% after providing full-year revenue and earnings forecasts that significantly exceeded analyst consensus estimates. Similarly, Take-Two Interactive (TTWO) rose 4% after beating fiscal second-quarter expectations for both profit and revenue. In contrast, Hims & Hers Health (HIMS) shares fell 2% due to fourth-quarter guidance that missed market expectations for both revenue and adjusted EBITDA. Meanwhile, tokenization platform Securitize saw a 10% rally following strong third-quarter growth metrics, the announcement of a $50 million share buyback, and its strategic acquisition of River One to expand into asset-backed finance.