Why JOYY Shares Are Trading Higher; Here Are 20 Stocks Moving Premarket - Zoom Communications (NASDAQ:ZM)

Shares of JOYY Inc (NASDAQ:JOYY) rose sharply in pre-market trading after the company reported financial results for the second quarter.

JOYY reported quarterly earnings of $1.24 per share which missed the analyst consensus estimate of $1.28 per share. The company reported quarterly sales of $590.754 million which beat the analyst consensus estimate of $574.118 million.

JOYY said it sees third-quarter sales of $602.000 million-$622.000 million, versus market estimates of $591.756 million.

JOYY shares jumped 3.6% to $77.70 in pre-market trading.

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