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Transphorm, Canaan And Other Big Stocks Moving Higher In Thursday's Pre-Market Session

Published 11/01/2024, 10:00
Updated 11/01/2024, 11:10
© Reuters.  Transphorm, Canaan And Other Big Stocks Moving Higher In Thursday's Pre-Market Session
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Benzinga - by Avi Kapoor, Benzinga Staff Writer.

U.S. stock futures were higher this morning, with the Nasdaq futures gaining around 50 points on Thursday.

Shares of Transphorm, Inc. (NASDAQ: TGAN) rose sharply in today’s pre-market trading. after Renesas Electronics announced plans to acquire the company for $5.10 per share in cash.

Transphorm shares surged 30.6% to $4.95 in pre-market trading.

Here are some big stocks recording gains in today’s pre-market trading session.

  • Canaan Inc. (NASDAQ: CAN) shares rose 14% to $2.44 in pre-market trading amid strength in the price of Bitcoin after U.S. regulators gave the green light to Bitcoin ETFs.
  • TeraWulf Inc. (NASDAQ: WULF) climbed 10.4% to $2.34 in pre-market trading after gaining over 4% on Wednesday.
  • Bitdeer Technologies Group (NASDAQ: BTDR) shares gained 10.3% to $8.43 in pre-market trading amid strength in the price of Bitcoin.
  • Nukkleus Inc (NASDAQ: NUKK) gained 10.1% to $2.30 in pre-market trading after falling around 15% on Wednesday.
  • Bitfarms Ltd (NASDAQ: BITF) rose 8.3% to $3.25 in pre-market trading amid strength in Bitcoin.
  • Bit Digital, Inc. (NASDAQ: BTBT) rose 8.1% to $3.74 in pre-market trading amid strength in Bitcoin.
  • Hut 8 Corp. (NASDAQ: HUT) gained 7% to $12.96 in pre-market trading. The company on Monday received court approval for its previously announced stalking horse bid transaction.
  • iRobot Corporation (NASDAQ: IRBT) gained 5.6% to $31.42 in pre-market trading.
  • iRobot shares fell around 20% on Wednesday following a report suggesting Amazon has skipped a settlement offer with the European Commission for its deal with the company.
  • HIVE Digital Technologies Ltd. (NASDAQ: HIVE) rose 5.4% to $4.65 in pre-market trading after gaining 5% on Wednesday.

Now Read This: UnitedHealth Gears Up For Q4 Print; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts

Don’t forget to check out our premarket coverage here

© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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