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Why Quanergy Systems Shares Are Trading Sharply Lower; Here Are 28 Stocks Moving Premarket

Published 31/10/2022, 10:36
Updated 31/10/2022, 11:40
© Reuters.  Why Quanergy Systems Shares Are Trading Sharply Lower; Here Are 28 Stocks Moving Premarket

Gainers

  • Selina Hospitality PLC (NASDAQ: SLNA) rose 31.9% to $19.90 in pre-market trading after dipping around 63% on Friday.
  • Baudax Bio, Inc. (NASDAQ: BXRX) shares rose 17.8% to $0.2388 in pre-market trading.
  • Lottery.com Inc. (NASDAQ: LTRY) rose 16.2% to $0.4399 in pre-market trading. Lottery.com recently announced appointment of new auditors.
  • Cognition Therapeutics, Inc. (NASDAQ: CGTX) shares rose 15.1% to $2.14 in pre-market trading after climbing 12% on Friday.
  • Virax Biolabs Group Limited (NASDAQ: VRAX) rose 14.4% to $1.75 in pre-market trading. Virax Biolabs Group recently announced initiation of its Virax Immune COVID-19 analytical performance study.
  • AppHarvest, Inc. (NASDAQ: APPH) rose 11.9% to $2.35 in pre-market trading after gaining over 8% on Friday.
  • Adecoagro S.A. (NYSE: AGRO) shares rose 11.3% to $9.34 in pre-market trading.
  • Sharps Technology, Inc. (NASDAQ: STSS) rose 10.6% to $1.14 in pre-market trading.
  • Scienjoy Holding Corporation (NASDAQ: SJ) rose 9.6% to $1.93 in pre-market trading.
  • Digital Brands Group, Inc. (NASDAQ: DBGI) rose 9% to $0.0761 in pre-market trading after dipping over 15% on Friday.
  • trivago N.V. (NASDAQ: TRVG) rose 8.5% to $1.05 in pre-market trading. trivago is expected to release its financial results for the third quarter on Tuesday, November 1, 2022.
  • First Wave BioPharma, Inc. (NASDAQ: FWBI) rose 8% to $1.22 in pre-market trading.
  • VEON Ltd. (NASDAQ: VEON) shares rose 7.8% to $0.3247 in pre-market trading.
Don’t forget to check out our premarket coverage here .

Losers

  • UpHealth, Inc. (NYSE: UPH) shares fell 87.3% to $0.07 in pre-market trading. Melissa Frieswick, a healthcare industry veteran, recently joined UpHealth as chief growth officer.
  • Quanergy Systems, Inc. (NYSE: QNGY) shares fell 70% to $0.99 in pre-market trading. Quanergy Systems priced its upsized 9.8 million unit public offering at $1.70 per unit..
  • Argo Blockchain plc (NASDAQ: ARBK) fell 37.5% to $1.23 in pre-market trading after the company said it no longer projects raising approximately £24 million ($27 million) from a strategic investor via a subscription for ordinary shares.
  • Y-mAbs Therapeutics, Inc. (NASDAQ: YMAB) fell 37.4% to $5.62 in pre-market trading after FDA's Oncologic Drugs Advisory Committee (ODAC) raised concerns regarding the efficacy of the company’s potential pediatric neuroblastoma treatment, omburtamab. JP Morgan downgraded Y-mAbs Therapeutics from Neutral to Underweight and lowered the price target from $16 to $7.
  • Satixfy Communications Ltd. (NYSE: SATX) shares fell 16.9% to $24.42 in pre-market trading after jumping around 255% on Friday.
  • TuSimple Holdings Inc. (NYSE: TSP) fell 16.3% to $5.28 in pre-market trading after the company reported termination of CEO and the initiation of a search for a new CEO. Wall Street Journal reported Sunday that TuSimple is being probed by Federal Bureau of Investigation, Securities and Exchange Commission and Committee on Foreign Investment in the U.S. over its ties to a Chinese startup Hydron Inc.
  • Kazia Therapeutics Limited (NASDAQ: KZIA) shares fell 15.7% to $0.76 in pre-market trading after declining around 9% on Friday. Kazia Therapeutics recently said its paxalisib demonstrated monotherapy efficacy signals in preclinical models of melanoma.
  • Inventiva S.A. (NYSE: IVA) fell 12.7% to $5.10 in pre-market trading. Inventiva said AbbVie (NYSE:ABBV) communicated that they decided to stop the development of cedirogant (ABBV-157) for the treatment of autoimmune disease.
  • Hydrofarm Holdings Group, Inc. (NASDAQ: HYFM) fell 11.5% to $2.22 in pre-market trading.
  • Uxin Limited (NASDAQ: UXIN) fell 11.1% to $3.62 in pre-market trading after declining around 10% on Friday.
  • Tuesday Morning Corporation (NASDAQ: TUEM) shares fell 9.2% to $ 0.12 in pre-market trading after gaining over 6% on Friday.
  • Petróleo Brasileiro S.A. - Petrobras (NYSE: PBR) fell 8.8% to $12.27 in pre-market trading.
  • Alpha Tau Medical Ltd. (NASDAQ: DRTS) fell 8.8% to $3.73 in pre-market trading after dipping over 16% on Friday.
  • NexImmune, Inc. (NASDAQ: NEXI) shares fell 8.4% to $0.6596 in pre-market trading after gaining over 6% on Friday.
  • Fangdd Network Group Ltd. (NASDAQ: DUO) fell 7.8% to $1.79 in pre-market trading after jumping around 27% on Friday.
© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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