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Why INVO Bioscience Shares Are Trading Higher By Around 73%; Here Are 20 Stocks Moving Premarket

Published 17/04/2024, 11:13
Updated 17/04/2024, 12:40
© Reuters.  Why INVO Bioscience Shares Are Trading Higher By Around 73%; Here Are 20 Stocks Moving Premarket

Benzinga - by Avi Kapoor, Benzinga Staff Writer.

Shares of INVO Bioscience, Inc. (NASDAQ: INVO) rose sharply in today’s pre-market trading after reporting fourth-quarter results.

The company said quarterly revenue surged 397% year-over-year to $1,381,754, from $278,142 in the year-ago period, according to data from Benzinga Pro.

INVO Bioscience shares jumped 73.1% to $1.35 in pre-market trading.

Here are some other stocks moving in pre-market trading.

Gainers

  • Mobile Global Esports Inc. (NASDAQ: MGAM) shares gained 36.1% to $0.1565 in pre-market trading after falling around 9% on Tuesday. On April 16, Maxim Group analyst Jack Vander Aarde downgraded Mobile Global Esports from Buy to Hold.
  • Chromocell Therapeutics Corporation (NYSE: CHRO) gained 29.1% to $2.35 in pre-market trading after falling around 7% on Tuesday.
  • Clene Inc. (NASDAQ: CLNN) gained 27.9% to $0.3965 in pre-market trading after the company announced Phase 2 VISIONARY-MS long term extension study results at the 2024 American Academy of Neurology Annual Meeting.
  • VIA optronics AG (NYSE: VIAO) shares gained 27.4% to $0.3316 in pre-market trading after dipping over 15% on Tuesday.
  • CXApp Inc. (NASDAQ: CXAI) shares rose 22.3% to $4.78 in pre-market trading after the company announced 24% ARR growth in 2023.
  • Gamer Pakistan Inc (NASDAQ: GPAK) shares gained 21.1% to $0.34 in pre-market trading after gaining 11% on Tuesday.
  • Ucommune International Ltd (NASDAQ: UK) shares gained 19.5% to $2.57 in pre-market trading after gaining 10% on Tuesday.
  • ICZOOM Group Inc. (NASDAQ: IZM) rose 19% to $60.69 in today’s pre-market trading.
  • Pacific Biosciences of California, Inc.(NASDAQ: PACB) gained 12.1% to $1.57 in pre-market trading. PacBio shares dipped more than 50% on Tuesday after the company issued weak guidance.
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Losers
  • Connexa Sports Technologies Inc. (NASDAQ: YYAO) fell 32.3% to $1.42 in pre-market trading.
  • Dynatronics Corporation (NASDAQ: DYNT) fell 19.2% to $0.4442 in pre-market trading after gaining around 48% on Tuesday.
  • Destiny Tech100 Inc. (NASDAQ: DXYZ) fell 17.3% to $35.97 in pre-market trading after gaining around 18% on Tuesday.
  • WiSA Technologies, Inc. (NASDAQ: WISA) fell 15.2% to $5.17 in pre-market trading. WiSA shares jumped over 248% on Tuesday after the company announced a 5-year WiSA E licensing agreement with an HDTV/PTV brand.
  • Dragonfly Energy Holdings Corp. (NASDAQ: DFLI) declined 14.8% to $0.5232 in pre-market trading. Dragonfly Energy shares jumped over 36% on Tuesday after the company reported better-than-expected fourth-quarter EPS results.
  • China SXT Pharmaceuticals, Inc. (NASDAQ: SXTC) fell 14.7% to $1.38 pre-market trading. China SXT Pharmaceuticals shares jumped 38% on Tuesday following a post on X from trader Zack Morris mentioning the stock.
  • Trilogy Metals Inc. (NYSE: TMQ) shares fell 14.4% to $0.43 in pre-market trading.
  • Trio Petroleum Corp. (NYSE: TPET) fell 12.8% to $0.4250 pre-market trading after dipping over 22% on Tuesday.
  • J B Hunt Transport Services Inc (NASDAQ: JBHT) shares fell 6% to $172.00 in pre-market trading after the company missed first-quarter revenue and EPS estimates.
  • ASML Holding N.V. (NASDAQ: ASML) shares declined 4.9% to $929.00 in pre-market trading after the company reported worse-than-expected first-quarter results and issued second-quarter guidance.

Now Read This: Investor Optimism Decreases; Dow Ends 6-Session Losing Streak

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

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