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Why Top Ships Shares Are Trading Lower By Over 60%; Here Are 24 Stocks Moving Premarket

Published 05/12/2022, 13:16
Updated 05/12/2022, 14:41
© Reuters.  Why Top Ships Shares Are Trading Lower By Over 60%; Here Are 24 Stocks Moving Premarket

Benzinga - Gainers

  • Cosmos Holdings Inc. (NASDAQ: COSM) shares rose 18.1% to $0.6316 in pre-market trading after jumping over 34% on Friday. Cosmos Holdings, last month, posted Q3 loss of $0.08 per share.
  • Zhihu Inc. (NYSE: ZH) shares rose 19.8% to $1.63 in pre-market trading after jumping 33% on Friday. Zhihu, last week, reported better-than-expected Q3 results.
  • Edgio, Inc. (NASDAQ: EGIO) rose 17% to $1.79 in pre-market trading. Edgio, last month, reported worse-than-expected Q3 sales results and issued Q4 sales guidance below analyst estimates.
  • 111, Inc. (NASDAQ: YI) rose 16.3% to $3.35 in pre-market trading. The company, last week, posted a narrower quarterly loss.
  • Tuniu Corporation (NASDAQ: TOUR) rose 15.3% to $1.43 in pre-market trading after jumping over 15% on Friday. Tuniu, last week, posted a Q3 loss of $0.03 per share.
  • Bilibili Inc. (NASDAQ: BILI) shares rose 14.9% to $22.80 in pre-market trading after jumping over 16% on Friday. Bilibili, last week, reported better-than-expected Q3 adjusted EPS and sales results.
  • XPeng Inc. (NYSE: XPEV) rose 13.3% to $12.97 in pre-market trading after jumping 15% on Friday. XPeng recently reported third-quarter FY22 sales growth of 19.3% year-on-year, to RMB6.82 billion ($0.96 billion).
  • Yatsen Holding Limited (NYSE: YSG) rose 11.8% to $1.42 in pre-market trading. The company recently posted upbeat quarterly results.
  • Niu Technologies (NASDAQ: NIU) rose 11.3% to $4.74 in pre-market trading after gaining over 10% on Friday. Niu Technologies recently reported worse-than-expected Q3 EPS results.
  • Winc, Inc. (NYSE: WBEV) rose 11.1% to $0.23 in pre-market trading after dropping over 23% on Friday. Winc, last month, posted a Q3 loss of $0.33 per share.
  • Qutoutiao Inc. (NASDAQ: QTT) rose 10.8% to $0.7650 in pre-market trading after surging more than 30% on Friday.
  • Kingsoft Cloud Holdings Limited (NASDAQ: KC) rose 10.4% to $3.68 in pre-market trading after jumping over 14% on Friday. Kingsoft Cloud recently reported a third-quarter FY22 revenue decline of 18.4% year-on-year to $276.8 million, missing the consensus of $313.2 million.
  • HUYA Inc. (NYSE: HUYA) gained 10.2% to $3.23 in pre-market trading after gaining around 10% on Friday
  • The Very Good Food Company Inc. (NASDAQ: VGFC) rose 7.8% to $0.1071 in pre-market trading after dropping 11% on Friday. The Very Good Food Company recently announced new retail distribution with Albertsons.
  • NIO Inc. (NYSE: NIO) rose 7.3% to $14.09 in pre-market trading as China relieved some of its COVID-19 restrictions, easing testing rules in some cities.
  • Li Auto Inc. (NASDAQ: LI) rose 5.8% to $24.09 in pre-market trading as China relieved some of its COVID-19 restrictions, easing testing rules in some cities.
  • Alibaba (NYSE:BABA) Group Holding Limited (NYSE: BABA) rose 5.2% to $94.71 in pre-market trading as China relieved some of its COVID-19 restrictions, easing testing rules in some cities.
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Losers

  • Top Ships Inc. (NASDAQ: TOPS) fell 62.8% to $1.65 in pre-market trading after the company reported pricing of $13.5 million public offering.
  • Clovis Oncology, Inc. (NASDAQ: CLVS) shares fell 21.5% to $0.27 in pre-market trading after declining around 5% on Friday.
  • Myomo, Inc. (NYSE: MYO) fell 14.1% to $0.5500 in pre-market trading after dipping 13% on Monday. The company, last month, posted upbeat quarterly results.
  • Performance Shipping Inc. (NASDAQ: PSHG) shares fell 13% to $3.75 in pre-market trading after gaining over 5% on Friday.
  • SES AI Corporation (NYSE: SES) fell 7.7% to $4.55 in pre-market trading. SES AI, last month, posted a Q3 loss of $0.08 per share.
  • Nayax Ltd. (NASDAQ: NYAX) shares fell 7.4% to $19.47 in pre-market trading. Jefferies, on Friday, initiated coverage on Nayax with a Hold rating and announced a price target of $22.
  • Yunhong CTI Ltd. (NASDAQ: CTIB) fell 6.8% to $0.52 in pre-market trading after climbing around 47% on Friday.
© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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