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Why Bed Bath & Beyond Fell Almost 30%; Here Are 20 Stocks Moving Premarket

Published 07/02/2023, 12:36
Updated 07/02/2023, 13:40
© Reuters Why Bed Bath & Beyond Fell Almost 30%; Here Are 20 Stocks Moving Premarket

Benzinga - Gainers

  • Oak Street Health, Inc. (NYSE: OSH) shares climbed 34.05% to $34.8 in pre-market trading, with CVS Health (NYSE: CVS) being close to agreeing on a deal to acquire the company.
  • Baidu, Inc. (NASDAQ: BIDU) shares rose 15.31% to $164.7 in pre-market trading, after the Chinese search engine giant announced plans to launch its own AI-driven chat services, after the success of OpenAI’s ChatGPT.
  • SoundHound AI, Inc. (NASDAQ: SOUN) rose 15.13% to $4.64 in pre-market trading, amid a rise in AI-based stocks.
  • Dada Nexus Limited (NASDAQ: DADA) shares rose 11.28% to $13.71 in pre-market trading, as China continues to reopen after the 2022 lockdowns.
  • Cano Health, Inc. (NYSE: CANO) rose 8.86% to $1.72 in pre-market trading, after CVS Health expressed an interest in expanding its primary care segment.
  • Velo3D, Inc. (NYSE: VLD) shares rose 6.93% to $3.24 in pre-market trading.
  • Atara Biotherapeutics, Inc. (NASDAQ: ATRA) shares rose 5.55% to $5.7 in pre-market trading, after the company reported its fourth-quarter results.
  • Zhihu Inc. (NYSE: ZH) rose 4.92% to $1.49 in pre-market trading.
  • C3.Ai, Inc. (NYSE: AI) rose 3.33% to $28.47 in pre-market trading.
  • BP Plc (NYSE: BP) shares rose 2.81% to $35.82 in pre-market trading.
  • Affirm Holdings, Inc. (NASDAQ: AFRM) rose 2.52% to $17.44 in pre-market trading.
  • Bilibili Inc. (NASDAQ: BILI) rose 2.52% to $23.92 in pre-market trading.
Losers

  • Bed Bath & Beyond Inc. (NASDAQ: BBBY) shares fell 27.65% to $4.24 in pre-market trading, after the company announced plans to raise around $1 billion through an equity offering to avoid bankruptcy.
  • Chegg, Inc. (NYSE: CHGG) shares fell 24.73% to $15.83 in pre-market trading after the company reported 2022 earnings and Piper Sandler analyst Arvind Ramnani reduced the price target to $17 from $24.
  • ZoomInfo Technologies Inc. (NASDAQ: ZI) shares dropped 9.13% to $26.1 in pre-market trading, after the company reported its fourth-quarter earnings.
  • Blink Charging Co. (NASDAQ: BLNK) lost 8.01% to $12.75 in pre-market trading, after the company announced a price of $12.00 per share for its underwritten registered public offering of 8,333,333 shares of its common stock.
  • Rambus, Inc. (NASDAQ: RMBS) declined 6.64% to $40.26 in pre-market trading, after the company reported its fourth-quarter and full-year results.
  • Omeros Corporation (NASDAQ: OMER) lost 6.23% to $4.67 in pre-market trading, after skyrocketing on Monday.
  • CureVac N.V. (NASDAQ: CVAC) declined 4.83% to $10.07 in pre- market trading. The company has announced to sell $200 million worth of its common shares in an underwritten public offering.
  • American Water Works Company, Inc. (NYSE: AWK) declined 4.12% to $149.98 in pre-market, after outperforming the market on Monday.
  • GameStop Corporation (NYSE: GME) shares fell 2.73% to $23.21 in pre-market trading, after announcing the closure of Pembroke Pines.
  • Oatly Group AB (NASDAQ: OTLY) shares fell 2.47% to $2.37 in pre-market trading.
  • Leggett & Platt, Incorporated (NYSE: LEG) shares fell 2.23% to $35.17 in pre-market trading, after the company reported disappointing fourth-quarter earnings.
  • Pinterest, Inc. (NYSE: PINS) declined 1.94% to $27.35 in pre-market trading, after the company announced a revenue miss for the fourth quarter.
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© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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