Why LexinFintech Shares Are Trading Higher By Over 15%; Here Are 20 Stocks Moving Premarket - Cullinan Therapeutics (NASDAQ:CGEM), Ambow Education Holding (AMEX:AMBO)

Core Insights - LexinFintech Holdings Ltd reported a significant increase in quarterly earnings, reaching 43 cents per share, compared to 28 cents per share in the same quarter last year [1] - The company's sales for the quarter were $367.580 million, a decrease from $521.851 million in the previous year [1] - Following the earnings report, LexinFintech shares surged by 15.3% to $4.03 in pre-market trading [1] Company Performance - LexinFintech's earnings per share increased by 53.6% year-over-year [1] - The decline in sales represents a year-over-year decrease of approximately 29.4% [1] - The positive market reaction indicates investor confidence despite the drop in sales [1]