Stocks

Aehr Test Systems Plunges in Pre-Market Amid Revised Revenue Guidance

Published January 10, 2024

Investors in Aehr Test Systems AEHR witnessed a significant drop in stock value during pre-market trading as the company adjusted its full-year revenue outlook downward. Aehr Test Systems, predominantly active in the semiconductor test equipment market, attributes this financial revision to expected delays in securing new orders from both existing and prospective customers. This news has triggered a sharp 15% fall in the value of its shares as market participants reacted to the potential impact on the company's earnings.

Market Movements Across the Board

While the spotlight is on AEHR, various other stocks are demonstrating activity in the pre-market scene. Exicure, Inc. XCUR, known for advancing therapies in multiple disease areas with its SNA technology, is on the investors' radar. Similarly, the Guggenheim Enhanced Equity Strategy Fund GGE, as a closely held investment entity, Hanryu Holdings, Inc. HRYU with its innovative social media platform FANTOO, and iCoreConnect Inc. ICCT, a provider of HIPAA-compliant SaaS solutions, are all part of the pre-market buzz. Companies like NexImmune, Inc. NEXI, which focuses on life-saving immunotherapies, and Wearable Devices Ltd. WLDS, innovators in neural input devices, are also being closely watched by investors.

Global Presence in Pre-Market Trading

Global players such as Sasol Limited SSL of South Africa, with its integrated energy solutions, and Galera Therapeutics, Inc. GRTX, which is revolutionizing cancer radiation therapy, further contribute to the diverse range of stocks moving in pre-market trading. Moreover, PriceSmart, Inc. PSMT, TG Therapeutics, Inc. TGTX, SMART Global Holdings, Inc. SGH, Elevate, Inc. ELEV, and the surgical robotics pioneer Intuitive Surgical, Inc. ISRG all participate in ushering in a dynamic trading day. As the market opens, the performance of these companies may offer a glimpse into various industry sectors and their emerging trends.

AEHR, PreMarket, Guidance