Pre-Open Stock Movers 11/09: (EVGO) (NEWR) (RBLX) Higher; (SDC) (FRPT) (APRN) Lower (more...)

Pre-Open Movers:

EVgo (NASDAQ: EVGO) 30% HIGHER; announced expanded EV charging deals with GM and Uber. The stock was up 34.5% yesterday after a grant in Pennsylvania to expand EV charging in the state.

New Relic (NYSE: NEWR) 28.4% HIGHER; reported Q2 EPS of ($0.10), $0.03 better than the analyst estimate of ($0.13). Revenue for the quarter came in at $196 million versus the consensus estimate of $182.2 million. New Relic sees Q3 2022 EPS of ($0.15)-($0.18), versus the consensus of ($0.09). New Relic sees Q3 2022 revenue of $198-202 million, versus the consensus of $183.21 million. New Relic sees FY2022 EPS of ($0.54)-($0.60), versus the consensus of ($0.52). New Relic sees FY2022 revenue of $778-782 million, versus the consensus of $736.81 million.

Roblox (NYSE: RBLX) 29% HIGHER; reported Q3 EPS of ($0.13), $0.01 better than the analyst estimate of ($0.14). Revenue for the quarter came in at $509 million, versus $252 million reported last year. Bookings increased 28% over Q3 2020 to $637.8 million.

Naked Brand Group Limited (NASDAQ: NAKD) 26% HIGHER; Naked Brand Group and privately-held Cenntro Automotive Group, Inc., today announced that the companies have entered into a definitive agreement under which Naked will acquire the outstanding stock in three entities comprising Cenntro Automotive Group, a commercial EV technology company with advanced market-validated commercial vehicles and autonomous driving technologies in a Stock for Stock Acquisition Agreement (the "Transaction"). Upon completion of the Transaction, the Company is expected to change its name to Cenntro Automotive Group (CAG). The Company expects to retain its Nasdaq listing and ticker symbol "NAKD".

ThredUp Inc. (NASDAQ: TDUP) 25% HIGHER; All-time quarterly revenue high of $63.3 million, representing 35% growth year-over-year

SmileDirectClub (NASDAQ: SDC) 23% LOWER; reported Q3 EPS of ($0.23), $0.10 worse than the analyst estimate of ($0.13). Revenue for the quarter came in at $138 million versus the consensus estimate of $181.9 million. SmileDirectClub sees Q4 2021 revenue of $120-140 million, versus the consensus of $200 million.

Innoviz Technologies (Nasdaq: INVZ) 21% HIGHER; announced its advanced perception solution is now supported on the NVIDIA DRIVE platform.

Freshpet (NASDAQ: FRPT) 12.6% LOWER; reported Q3 EPS of ($0.05), $0.13 worse than the analyst estimate of $0.08. Revenue for the quarter came in at $107.6 million versus the consensus estimate of $115.46 million. Freshpet sees FY2021 revenue of $445 million, versus the consensus of $446 million.

Blue Apron (NYSE: APRN) 12.4% LOWER; reported Q3 EPS of ($1.17), $0.59 worse than the analyst estimate of ($0.58). Revenue for the quarter came in at $109.7 million versus the consensus estimate of $120.4 million.

TripAdvisor (NASDAQ: TRIP) 9% LOWER; reported Q3 EPS of $0.16, $0.08 worse than the analyst estimate of $0.24. Revenue for the quarter came in at $303 million versus the consensus estimate of $307.83 million. Also announced that the company's co-founder and long-time CEO, Stephen Kaufer, will step down from his position at Tripadvisor in 2022.

Five9 (NASDAQ: FIVN) 8.3% HIGHER; reported Q3 EPS of $0.28, $0.05 better than the analyst estimate of $0.23. Revenue for the quarter came in at $154.3 million versus the consensus estimate of $146.65 million. Five9 sees FY2021 EPS of $1.09-$1.10, versus the consensus of $1.02. Five9 sees FY2021 revenue of $600.5-601.5 million, versus the consensus of $585 million.

Nvidia (NASDAQ: NVDA) 5.5% HIGHER; the chip giant announced a series of new products and initiatives.

Lemonade (NYSE: LMND) 5% LOWER; the insurance company powered by AI and social good, and Metromile (NASDAQ: MILE, MILEW), the data science company focused on auto insurance, have entered into a definitive agreement pursuant to which Lemonade will acquire Metromile in an all-stock transaction that implies a fully diluted equity value of approximately $500 million, or just over $200 million net of cash. Under the terms of the transaction, Metromile shareholders will receive Lemonade common shares at a ratio of 19:1. (Read more on why Lemonade is acquiring Metromile)

Robinhood Markets, Inc. (NASDAQ: HOOD) 3% LOWER; experienced a data security incident in the evening of November 3.

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