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

Riot reported second-quarter revenue of $174.20 million, beating analyst estimates of $152.06 million, according to Benzinga Pro. The company reported a second-quarter adjusted EBITDA loss of $69.73 million.

Subsequent to quarter’s end, Riot signed a 20-year data center lease with a "leading frontier AI lab" for 191 megawatts of capacity at the company’s Rockdale campus.

Riot Platforms shares jumped 18.9% to $23.07 in pre-market trading.

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

Gainers

• Linkage Global Inc (NASDAQ:UZX) gained 127.1% to $0.51 in pre-market trading.
• Wah Fu Education Group Ltd (NASDAQ:WAFU) rose 53.8% to $2.23 in pre-market trading after the company announced it signed three AI customization projects with Mudanjiang University.
• Babcock & Wilcox Enterprises Inc (NYSE:BW) rose 41.3% to $12.55 in pre-market trading after the company reported better-than-expected second-quarter results and increased its full-year 2026 adjusted EBITDA target.
• Nocera Inc (NASDAQ:NCRA) rose 38.5% to $2.84 in pre-market trading after gaining 4% on Monday.
• P3 Health Partners Inc (NASDAQ:PIII) rose 30.2% to $16.70 in pre-market trading after the company reported better-than-expected second-quarter financial results.
• Wing Yip Food Holdings Group (NASDAQ:WYHG) gained 29.8% to $7.43 in pre-market trading after jumping 29% on Monday.
• eLong Power Holding Ltd (NASDAQ:ELPW) rose 28% to $5.13 in pre-market trading after dipping over 10% on Monday.
• Eason Technology Ltd (NYSE:DXF) gained 27.4% to $0.62 in pre-market trading after rising 4% on Monday.
• Fermi Inc (NASDAQ:FRMI) shares gained 20.4% to $7.08 in pre-market trading after the company announced binding lease agreement with TensorWave.

Losers

• Socket Mobile Inc (NASDAQ:SCKT) tumbled 31.9% to $1.45 in pre-market trading. Socket Mobile shares jumped 452% on Monday after the company announced a North America distribution agreement with 3Eye Technologies for the company’s Apple-based scanning solutions.
• Steakholder Foods Ltd – ADR (NASDAQ:STKH) fell 26.7% to $3.15 in pre-market trading after surging over 128% on Monday.
• Getty Images Holdings Inc (NYSE:GETY) declined 24.4% to $0.34 in pre-market trading after the company reported worse-than-expected quarterly financial results.
• CleanCore Solutions Inc (NYSE:ZONE) fell 24% to $0.27 in pre-market trading after the company announced a proposed public offering.
• Jowell Global Ltd (NASDAQ:JWEL) fell 23.3% to $3.06 in pre-market trading after jumping 158% on Monday.
• Art’s Way Manufacturing Co Inc (NASDAQ:ARTW) fell 20.9% to $2.27 in pre-market trading. Art’s-Way Manufacturing shares surged over 30% on Monday after the company announced its Modular Buildings segment was awarded projects that increased the segment’s backlog to over $19 million.
• Upwork Inc (NASDAQ:UPWK) fell 19.8% to $7.88 in pre-market trading after posting second-quarter results.
• TryHard Holdings Ltd (NASDAQ:THH) fell 19.6% to $2.50 in pre-market trading after gaining 30% on Monday.
• Oppfi Inc (NYSE:OPFI) fell 18.4% to $7.16 in pre-market trading after the company reported worse-than-expected second-quarter financial results and cut its FY26 guidance below estimates.
• Electrovaya Inc (NASDAQ:ELVA) fell 16.4% to $7.72 in pre-market trading after the company reported third-quarter financial results. The company issued FY26 sales guidance below estimates.

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Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.