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Why US Steel Shares Are Trading Higher By 23%; Here Are 20 Stocks Moving Premarket

Published 14/08/2023, 13:24
© Reuters.  Why US Steel Shares Are Trading Higher By 23%; Here Are 20 Stocks Moving Premarket

Benzinga - by Lisa Levin, Benzinga Editor. Gainers

  • AGBA Group Holding Limited (NASDAQ: AGBA) shares surged 49.4% to $1.31 in pre-market trading after the company reported a 325% year-over-year growth in its second-quarter revenue.
  • AMC Entertainment Hldg Pref Equity Units (NYSE: APE) rose 29.8% to $2.31 in pre-market trading after AMC gained court approval for its revised stock conversion plan.
  • Proterra Inc. (NASDAQ: PTRA) shares gained 25.2% to $0.1483 in pre-market trading on continued volatility after the company announced it filed for Chapter 11 bankruptcy.
  • United States Steel Corporation (NYSE: X) shares rose 23% to $27.95 in pre-market trading. United States Steel late Sunday rejected a buyout offer from rival steel manufacturer Cleveland-Cliffs Inc. (NYSE: CLF) but welcomed the latter to participate in a formal review process.
  • Mainz Biomed N.V. (NASDAQ: MYNZ) shares gained 19% to $3.95 in pre-market trading after falling 6% on Friday.
  • VCI Global Limited (NASDAQ: VCIG) rose 18.1% to $3.92 in pre-market trading after gaining 23% on Friday.
  • Amyris, Inc. (NASDAQ: AMRS) gained 16.2% to $0.1591 in pre-market trading after jumping around 108% on Friday. The company recently filed for Chapter 11 bankruptcy.
  • Eloxx Pharmaceuticals, Inc. (NASDAQ: ELOX) shares climbed 14.4% to $5.44 in pre-market trading after falling 13% on Friday.
  • Genius Group Limited (NYSE: GNS) shares rose 13.5% to $1.35 in pre-market trading after jumping 46% on Friday.
  • CURO Group Holdings Corp. (NYSE: CURO) gained 8.6% to $1.52 in pre-market trading after the company reported an agreement with Toronto, Ontario-based payment technology company DirectPay to further enhance CURO’s consumer loan repayment capabilities.
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Losers
  • AMC Entertainment Holdings Inc (NYSE: AMC) fell 26.8% to $3.85 in pre-market trading after a crucial court ruling for the movie theater chain.
  • Phoenix Motor Inc. (NASDAQ: PEV) shares fell 25.1% to $0.4720 in pre-market trading. Phoenix Motor is expected to release its second quarter financial results on Aug. 15, 2023.
  • Bridgeline Digital, Inc. (NASDAQ: BLIN) shares fell 19.8% to $0.89 in pre-market trading after posting a loss for the third quarter.
  • Airspan Networks Holdings Inc. (NASDAQ: MIMO) fell 19.1% to $0.2282 in pre-market trading after gaining 83% on Friday. The company announced the closing of its Mimosa sale to Reliance Jio and financing transactions.
  • Aurora Acquisition Corp. (NASDAQ: AURC) fell 16.7% to $29.87 in pre-market trading. Aurora Acquisition Co announced that Aurora’s shareholders voted to approve the proposed business combination with Better and each related proposal at an extraordinary general meeting of Aurora’s shareholders.
  • MSP Recovery, Inc. (NASDAQ: LIFW) fell 16.6% to $0.1001 in pre-market trading after declining 18% on Friday.
  • Xiao-I Corporation (NASDAQ: AIXI) shares fell 15.6% to $6.00 in pre-market trading after declining around 12% on Friday.
  • Mogo Inc. (NASDAQ: MOGO) fell 15.5% to $1.75 in pre-market trading after jumping 173% on Friday. Mogo recently announced a 3:1 share consolidation.
  • Nikola Corporation (NASDAQ: NKLA) fell 14.9% to $1.66 in pre-market. In response to a recent fire probe revealing the cause of fires, Nikola decided to halt sales and voluntarily recall 209 Class 8 battery-electric trucks.
  • Yellow Corporation (NASDAQ: YELL) fell 11.8% to $1.64 in pre-market trading after declining around 5% on Friday.
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