Five Below Soars 12%: 20 Stocks to Watch in Premarket

Ladies and gentlemen, buckle up! The market is on fire today, and Five Below is leading the charge with a 12% surge in its share price. This retail giant is not just riding the wave; it's making waves! Let's dive into what's driving this stock higher and take a look at 20 other stocks making big moves in the premarket session.



Why Five Below is on Fire!

1. Earnings Beat: Five Below reported a 7.8% increase in net sales for the fourth quarter, reaching $1.39 billion. That's a massive BOOM! The company's diluted earnings per share (EPS) for the quarter was $3.39, showing that they are crushing it on the earnings front.

2. Growth Strategy: The company opened 227 net new stores during fiscal 2024, expanding its footprint and reaching more customers. This aggressive growth strategy is paying off big time!

3. Customer Experience: Five Below is focusing on enhancing product offerings and customer experience. With a unique opportunity to deliver amazing value, they are positioning themselves as the go-to place for affordable and exciting products.

4. Share Repurchase: The company repurchased approximately 267,000 shares at a cost of $40 million. This move signals confidence in their valuation and a commitment to returning value to shareholders. It's a clear sign that they believe in their future growth prospects.

20 Stocks Moving Premarket

Now, let's take a look at 20 other stocks that are making big moves in the premarket session. These stocks are on the radar of every savvy investor, and for good reason!

1. SAG Holdings Limited (SAG): Up 74.81%! This stock is on a tear, and investors are taking notice. With a significant change of $0.51, reaching $1.18, it's a stock you can't ignore.

2. OptiNose, Inc. (OPTN): Up 59.83%! This biotech company is making waves with its innovative products. With a share price rising to $9.590, it's a stock that's catching the eye of investors.

3. AGM Group Holdings Inc. (AGMH): Up 35.97%! This stock is on fire, with a share price of $0.098. It's a clear sign that investors are bullish on this company's future prospects.

4. Bit Origin Ltd (BTOG): Up 16.27%! This stock is making big moves in the premarket session, with a share price of $0.3080. It's a stock that's worth keeping an eye on.

5. Black Diamond Therapeutics, Inc. (BDTX): Up 13.95%! This biotech company is making waves with its innovative products. With a share price of $1.96, it's a stock that's catching the eye of investors.

6. TEN Holdings, Inc. (XHLD): Up 5.03%! This stock is making steady gains in the premarket session, with a share price of $1.67. It's a stock that's worth considering for your portfolio.

7. Sunation Energy Inc. (SUNE): Up 9.17%! This renewable energy company is making big moves, with a share price of $0.4738. It's a stock that's worth keeping an eye on.

8. Tesla (TSLA): Up 1.75%! The electric vehicle giant is making steady gains, with a share price of $239.98. It's a stock that's worth considering for your portfolio.

9. NVIDIA (NVDA): Up 1.46%! The semiconductor giant is making steady gains, with a share price of $119.23. It's a stock that's worth considering for your portfolio.

10. Brookdale Senior Living Inc. (BKD): This stock is making big moves in the premarket session, with a share price of $1.22B. It's a stock that's worth keeping an eye on.

11. HeartCore Enterprises, Inc. (HTCR): This stock is making steady gains, with a share price of $20.68M. It's a stock that's worth considering for your portfolio.

12. X Financial (XYF): This stock is making big moves, with a share price of $623.94M. It's a stock that's worth keeping an eye on.

13. TC Energy Corporation (TRP): This stock is making steady gains, with a share price of $48.30B. It's a stock that's worth considering for your portfolio.

14. Grid Dynamics Holdings, Inc. (GDYN): This stock is making big moves, with a share price of $1.43B. It's a stock that's worth keeping an eye on.

15. Applied DNA Sciences, Inc. (APDN): This stock is making steady gains, with a share price of $2.21M. It's a stock that's worth considering for your portfolio.

16. Phibro Animal Health Corporation (PAHC): This stock is making big moves, with a share price of $902.42M. It's a stock that's worth keeping an eye on.

17. Crown LNG Holdings Limited (CGBS): This stock is making steady gains, with a share price of $110.90M. It's a stock that's worth considering for your portfolio.

18. DevvStream Corp. (DEVS): This stock is making big moves, with a share price of $10.14M. It's a stock that's worth keeping an eye on.

19. CIMG Inc. (IMG): This stock is making steady gains, with a share price of $4.77M. It's a stock that's worth considering for your portfolio.

20. Aureus Greenway Holdings Inc. (AGH): This stock is making big moves, with a share price of $11.17M. It's a stock that's worth keeping an eye on.

The Bottom Line

The market is on fire today, and Five Below is leading the charge with a 12% surge in its share price. This retail giant is not just riding the wave; it's making waves! With strong financial performance, strategic initiatives, and a commitment to growth, Five Below is positioning itself for future success. And with 20 other stocks making big moves in the premarket session, there's no shortage of opportunities for savvy investors. So, buckle up and get ready to ride the wave of this market rally!