Premarket Movers | Firefly Aerospace Surges 18%; Cisco Jumps 7%; Storage Shares Pull Back with SanDisk Down 6%, Micron Down 3%

TigerNov 13, 2025 9:20 AM

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Cisco Systems shares were up 7% in premarket trading on Thursday, after the company raised full-year forecasts for profit and revenue.

Cisco is betting on robust demand for its networking equipment driven by multi-billion-dollar data centre expansions amid the artificial intelligence boom.

Storage shares pulled back in premarket trading. SanDisk down 6%; Western Digital, Seagate down 4%; Micron down 3%.

Firefly Aerospace’s stock surged 18% in premarket trading after the space technology company issued better-than-expected third-quarter results and lifted its guidance.

Revenues in the third quarter jumped nearly 38% to $30.8 million from $22.4 million in the year-ago period and nearly doubled from the previous quarter.

Firefly’s net loss totaled $140.4 million, or $1.50 per share. The company said net loss included costs tied to its IPO, foreign exchange and executive severance.

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