Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

Why Microvast Holdings Shares Are Trading Lower By Around 22%; Here Are 20 Stocks Moving Premarket

Published 23/05/2023, 13:12
Updated 23/05/2023, 14:40
© Reuters.  Why Microvast Holdings Shares Are Trading Lower By Around 22%; Here Are 20 Stocks Moving Premarket

Benzinga - Gainers

  • Applied UV, Inc. (NASDAQ: AUVI) shares rose 44.6% to $0.69 in pre-market trading after posting better-than-expected quarterly sales.
  • SeqLL Inc. (NASDAQ: SQL) shares surged 34.3% to $0.5377 in pre-market trading after gaining over 19% on Monday. SeqLL recently posted a wider first-quarter loss.
  • HeartCore Enterprises, Inc. (NASDAQ: HTCR) gained 21.1% to $1.55 in pre-market trading following better-than-expected first-quarter results.
  • Bone Biologics Corporation (NASDAQ: BBLG) shares gained 18.8% to $0.1960 in pre-market trading after gaining over 10% on Monday.
  • Movella Holdings Inc. (NASDAQ: MVLA) rose 18.5% to $2.28 in pre-market trading after jumping around 18% on Monday.
  • Cumberland Pharmaceuticals Inc. (NASDAQ: CPIX) shares rose 14.4% to $1.99 in pre-market trading. The FDA recently approved expanded labeling for Cumberland Pharmaceuticals’ Caldolor, an intravenously delivered formulation of ibuprofen, to now include use in infants.
  • Navidea Biopharmaceuticals, Inc. (NASDAQ: NAVB) shares gained 14.1% to $0.1275 in pre-market trading after the company reported the sale of preferred shares totaling $1.1 million to new existing investors.
  • Yelp Inc. (NYSE: YELP) gained 13.3% to $36.84 in pre-market trading. Activist investor TCS Capital Management is calling on Yelp to explore strategic alternatives including a sale, the Wall Street Journal reported.
  • Ohmyhome Limited (NASDAQ: OMH) rose 12% to $5.82 in pre-market trading. The company recently announced it signed an MOU for the potential acquisition of a leading tech-enabled property management company in Singapore.
  • Orion Energy Systems, Inc. (NASDAQ: OESX) shares climbed 10.3% to $1.60 in pre-market trading.
Losers
  • Kaspien Holdings Inc. (NASDAQ: KSPN) fell 41.1% to $0.36 in pre-market. Kaspien Holdings reported voluntary delisting from the Nasdaq Capital Market effective on or about June 12.
  • Biocept, Inc (NASDAQ: BIOC) shares dropped 23.6% to $3.77 in pre-market trading after dipping over 25% on Monday. Biocept recently announced a 1-for-30 reverse stock split..
  • Peraso Inc. (NASDAQ: PRSO) fell 22.3% to $0.31 in pre-market trading after gaining over 53% on Monday.
  • Microvast Holdings, Inc. (NASDAQ: MVST) fell 22.2% to $1.71 in pre-market trading after the U.S. Department of Energy reportedly canceled contract negotiations for another potential $200 million award for Microvast, per Reuters, citing a source familiar with the matter.
  • ToughBuilt Industries, Inc. (NASDAQ: TBLT) fell 13.4% to $0.8820 in pre-market trading after reporting results for its first quarter.
  • Microbot Medical Inc. (NASDAQ: MBOT) fell 13.1% to $2.77 in pre-market trading. Microbot Medical announced a $1.44 million registered direct offering of 655,569 shares of common stock at a price of $2.20 per share priced at the market under Nasdaq rules.
  • Hepion Pharmaceuticals, Inc. (NASDAQ: HEPA) fell 12.8% to $16.89 in pre-market trading. Hepion Pharmaceuticals shares jumped around 118% on Monday after the company announced results of its phase 2 study to treat liver function.
  • Netcapital Inc. (NASDAQ: NCPL) shares dropped 10.6% to $2.15 in pre-market trading after gaining 22% on Monday.
  • D-Wave Quantum Inc. (NYSE: QBTS) fell 7.7% to $0.9413 in pre-market trading after surging 110% on Monday.
  • Outlook Therapeutics, Inc. (NASDAQ: OTLK) shares fell 6.8% to $1.52 in pre-market trading after jumping around 22% on Monday.
3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Now Read This: Investor Optimism Improves On Hopes Of Debt Ceiling Resolution

© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Read the original article on Benzinga

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.