Stocks

Lattice Semiconductor Shares Surge 15%; Premarket Movers Overview

Published February 11, 2025

Lattice Semiconductor Corporation (LSCC) experienced a notable increase in its stock price during pre-market trading, soaring by around 15% following the release of its fourth-quarter financial results after the market closed on Monday.

For the fourth quarter, Lattice reported earnings of 15 cents per share, which fell short of analysts' expectations that anticipated 19 cents. However, the company managed to surpass the revenue forecast, bringing in $117.41 million as opposed to the estimated $117.09 million.

In pre-market trading, shares of Lattice Semiconductor saw a jump of 14.7%, reaching a price of $62.50.

Alongside Lattice, several other stocks have also shown significant movement in pre-market trading. Below are some of the notable gainers and losers:

Prominent Gainers

Ocean Biomedical, Inc. (OCEA) saw a remarkable gain of 86%, rising to $0.2751. This uptick followed the publication of research highlighting the potential of its cancer immunotherapy candidates.
Vast Renewables Limited (VSTE) increased by 63.5% to $1.12.
Cyngn Inc. (CYN) surged by 55.3%, trading at $0.2869 after a massive 206% rise on Monday.
SelectQuote, Inc. (SLQT) experienced a 34.1% increase to $5.87, attributed to better-than-expected second-quarter financial results and positive revenue guidance for FY25 along with a significant strategic investment.
Blue Hat Interactive Entertainment Technology (BHAT) gained 28.4%, reaching $0.0887.
Lixte Biotechnology Holdings, Inc. (LIXT) rose by 24.8% to $2.86, following the withdrawal request of a previous registration statement.
Genprex, Inc. (GNPX) recorded a 22% climb to $0.5780.
Silexion Therapeutics Corp. (SLXN) gained 16.8%, reaching a pre-market price of $1.53.
Phillips 66 (PSX) increased by 6.6% to $131.87, fueled by a significant investment from Elliott Investment Management.

Notable Losers

Fluence Energy, Inc. (FLNC) saw a steep decline of 35.1%, dipping to $8.48 after disappointing first-quarter results.
Tantech Holdings Ltd. (TANH) fell 30.2% to $0.0891, following an announcement regarding a share consolidation.
Harmonic Inc. (HLIT) dropped 25.6%, trading at $8.27 due to below-estimate earnings guidance.
NLS Pharmaceutics AG (NLSP) declined by 19.8% to $2.06 despite a substantial gain on Monday.
Brand Engagement Network, Inc. (BNAI) faced a decline of 19.2%, reaching $0.5599.
Prelude Therapeutics Incorporated (PRLD) fell 16.4% to $0.9110 after a prior increase.
Surgery Partners, Inc. (SGRY) dipped by 10.1%, trading at $23.00.
Damon Inc. (DMN) saw a reduction of 9.8%, reaching $0.4780.
Amkor Technology, Inc. (AMKR) fell 9.5% to $22.04 after missing revenue expectations for the fourth quarter.
Axcelis Technologies, Inc. (ACLS) dipped 8.3% to $62.00 following its financial results.

Lattice, Stocks, Trading