Arcutis Biotherapeutics is a company that makes medicines. They had good news about how much money they made and how many people used their medicine. So, people who buy and sell shares of this company are happy and want to buy more shares, which makes the price go up. Read from source...

1. The title of the article is misleading and clickbaity. It implies that Arcutis Biotherapeutics shares are trading higher by 29% because of some positive news or event, but it does not provide any evidence or explanation for this claim. It also mentions "here are 20 stocks moving premarket", which is irrelevant to the main topic and might confuse the readers who are interested in Arcutis Biotherapeutics only.