50% Off! Beat the market in 2025 with InvestingProCLAIM SALE

Why Skechers Shares Are Trading Lower; Here Are 25 Stocks Moving Premarket

Published 26/10/2022, 11:18
© Reuters.  Why Skechers Shares Are Trading Lower; Here Are 25 Stocks Moving Premarket
IXIC
-
SKX
-

Gainers

  • Ensysce Biosciences, Inc. (NASDAQ: ENSC) rose 53.5% to $0.32 in pre-market trading after gaining 13% on Tuesday.
  • Cosmos Holdings Inc. (NASDAQ: COSM) shares rose 22.7% to $0.1071 in pre-market trading. Cosmos Holdings CEO Grigorios Siokas bought a total of 12,500,000 shares at an average price of $0.12.
  • IMAC Holdings, Inc. (NASDAQ: BACK) rose 21.6% to $0.42 in pre-market trading after gaining 5% on Tuesday.
  • Infobird Co., Ltd (NASDAQ: IFBD) shares rose 20% to $1.14 in pre-market trading after declining around 8% on Tuesday.
  • Argo Blockchain plc (NASDAQ: ARBK) rose 11.7% to $2.10 in pre-market trading after jumping 36% on Tuesday.
  • Lizhi Inc. (NASDAQ: LIZI) rose 11.1% to $0.45 in pre-market trading after gaining around 7% on Tuesday.
  • United Maritime Corporation (NASDAQ: USEA) rose 10% to $2.74 in pre-market trading. United Maritime initiated additional $3 million stock buyback plan.
  • Canoo Inc. (NASDAQ: GOEV) shares rose 9.2% to $1.54 in pre-market trading after gaining around 4% on Tuesday.
  • PhaseBio Pharmaceuticals, Inc. (NASDAQ: PHAS) rose 8.8% to $0.1470 in pre-market trading. PhaseBio Pharmaceuticals elected to file a voluntary petition under Chapter 11 of the Bankruptcy Code in the U.S. Bankruptcy Court for the District of Delaware.
  • SharpLink Gaming Ltd. (NASDAQ: SBET) rose 8.8% to $0.74 in pre-market trading after gaining around 7% on Tuesday.
  • Secoo Holding Limited (NASDAQ: SECO) rose 8.4% to $0.3299 in pre-market trading. Aladdin Technology Group, last month, agreed to invest RMB1.3 million in the company.
  • SuperCom Ltd. (NASDAQ: SPCB) shares rose 8.1% to $0.2850 in pre-market trading. SuperCom is expected to report Q3 earnings on Wednesday, October 26, 2022.
  • Quanergy Systems, Inc. (NASDAQ: QNGY) rose 7.8% to $1.37 in pre-market trading.
  • Rumble Inc. (NASDAQ: RUM) rose 6.1% to $9.00 in pre-market trading after jumping over 18% on Tuesday.
Don’t forget to check out our premarket coverage here .

Losers

  • AcelRx Pharmaceuticals, Inc. (NASDAQ: ACRX) shares fell 89.4% to $0.45 in pre-market trading. AcelRx Pharmaceuticals announced a 20-for-1 reverse stock split effective October 26.
  • Skechers U.S.A., Inc. (NYSE: SKX) fell 13.7% to $31.01 in pre-market trading after the company reported weak earnings and issued guidance below analyst estimates.
  • Vacasa, Inc. (NASDAQ: VCSA) shares fell 8.6% to $3.19 in pre-market trading after gaining 10% on Tuesday.
  • DigitalOcean Holdings, Inc. (NYSE: DOCN) fell 7.3% to $35.50 in pre-market trading. Goldman Sachs (NYSE:GS) recently maintained DigitalOcean with a Sell and lowered the price target from $42 to $34.
  • MongoDB, Inc. (NASDAQ: MDB) fell 6.6% to $187.50 in pre-market trading after gaining around 10% on Tuesday.
  • Datadog, Inc. (NASDAQ: DDOG) fell 6.5% to $82.97 in pre-market trading. Canaccord Genuity recently upgraded the stock from Hold to Buy.
  • Alphabet (NASDAQ:GOOGL) Inc. (NASDAQ: GOOG) shares fell 6.2% to $98.38 in pre-market trading after the company reported weaker-than-expected earnings results for its third quarter after the closing bell on Tuesday. YouTube and Network revenue were down on a year-over-year basis, bringing overall Google Ad revenue to $54.48 billion, up from last year’s $53.13 billion.
  • Microsoft Corporation (NASDAQ: NASDAQ:MSFT) shares fell 6% to $235.60 in pre-market trading. Microsoft posted better-than-expected earnings for its first quarter. Revenue for the Microsoft Cloud segment was $25.7 billion in the first quarter, up 24%% year-over-year.
  • Microvast Holdings, Inc. (NASDAQ: MVST) fell 5.8% to $2.29 in pre-market trading. Microvast is expected to report its consolidated financial results for the third quarter of 2022 on Thursday, November 10, 2022.
  • ServiceNow, Inc. (NYSE: NOW) fell 4.1% to $361.19 in pre-market trading. Analysts at Guggenheim recently upgraded their rating of the stock from Neutral to Buy.
  • Vicor Corporation (NASDAQ: VICR) shares fell 4.1% to $46.61 in pre-market trading after reporting weak Q3 results.
© 2022 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.