PayPal, SoFi Technologies And Some Other Big Stocks Moving Higher In Today's Pre-Market Session

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  • PayPal Holdings, Inc. (NASDAQ:PYPL) rose 12% to $100.35 in pre-market trading after the company reported better-than-expected Q2 results and raised FY22 EPS guidance.
  • Faraday Future Intelligent Electric Inc. (NASDAQ:FFIE) rose 12% to $2.71 in pre-market trading. Faraday Future Intelligent Electric recently signed a non-binding term sheet agreement with a major shareholder, FF Top Holding LLC, for a proposed convertible term loan facility.
  • SoFi Technologies, Inc. (NASDAQ:SOFI) rose 10% to $7.05 in pre-market trading after the company reported better-than-expected Q2 results and raised FY22 guidance.
  • Amicus Therapeutics, Inc. (NASDAQ:FOLD) rose 8.8% to $10.84 in pre-market trading. Amicus Therapeutics is expected to report Q2 results on Thursday, August 4, 2022.
  • Volta Inc. (NYSE:VLTA) rose 4.7% to $2.17 in pre-market trading.
  • Pagaya Technologies Ltd. (NASDAQ:PGY) rose 3.3% to $30.93 in pre-market trading on continued volatility after the company completed its SPAC merger agreement in June.
  • Nikola Corporation (NASDAQ:NKLA) rose 3.3% to $7.19 in pre-market trading. Nikola recently announced it will acquire Romeo Power for $0.74 per share, or approximately $144 million.
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