8x8 shares surge 11.79% premarket after announcing participation in Wells Fargo TMT Summit and Needham Tech Week investor events.

8x8 Inc. surged 11.79% in premarket trading following its announcement of participation in the Wells Fargo 9th Annual TMT Summit and Needham 6th Annual Tech Week events. The company will present at the November 18 summit and host one-on-one meetings on November 20, providing visibility to investors and analysts. These events, coupled with the webcast availability, signal increased engagement with the investment community, potentially boosting investor confidence. While recent reports from Weiss Ratings maintained a "Sell (D-)" rating, the immediate catalyst appears tied to the strategic investor outreach, overshadowing prior bearish sentiment. The premarket rally reflects optimism around the company’s proactive communication and potential to showcase growth initiatives during the events.