Why Coherus BioSciences Shares Are Trading Higher By 22%; Here Are 20 Stocks Moving Premarket

Shares of Coherus BioSciences, Inc. (NASDAQ:CHRS) shares rose sharply in today’s pre-market trading after the company announced an agreement to divest ophthalmology franchise to Sandoz in $170 million upfront all cash deal.

Coherus BioSciences shares jumped 22.1% to $2.98 in pre-market trading

Here are some other stocks moving in pre-market trading.

Gainers

• Northann Corp. (NYSE:NCL) shares jumped 19.9% to $1.63 in pre-market trading after jumping over 25% on Friday.
• HNR Acquisition Corp (NYSE:HNRA) gained 15.4% to $2.48 in pre-market trading.
• Porch Group, Inc. (NASDAQ:PRCH) gained 15.4% to $2.55 in pre-market trading.
• TC Biopharm (Holdings) Plc (NASDAQ:TCBP) surged 15% to $2.69 in pre-market trading after gaining over 10% on Friday. TC BioPharm recently regained compliance with Nasdaq minimum bid price requirement.
• Remark Holdings, Inc. (NASDAQ:MARK) shares climbed 12.7% to $0.4340 in pre-market trading after falling more than 10% on Friday.
• Unicycive Therapeutics, Inc. (NASDAQ:UNCY) shares gained 11.8% to $0.9690 in pre-market trading.
• Aclaris Therapeutics, Inc. (NASDAQ:ACRS) gained 10.5% to $1.26 in pre-market trading. Aclaris Therapeutics recently announced leadership changes as the company undertakes a strategic review of its business.
• Genius Group Limited (NYSE:GNS) shares gained 9.4% to $0.3195 in pre-market trading after gaining around 9% on Friday. Genius Group recently announced closing of $8.25 million public offering.
• Greenbrook TMS Inc. (NASDAQ:GBNH) shares rose 8.9% to $0.2940 in pre-market trading. Greenbrook TMS raised $1.5 million in debt financing.

Losers

• B. Riley Financial, Inc. (NASDAQ:RILY) shares dipped 17.5% to $16.63 in pre-market trading. B. Riley Financial issued a statement in response to a Bloomberg news article published on Jan. 21, 2024.
• Agrify Corporation (NASDAQ:AGFY) shares fell 14.2% to $0.91 in pre-market trading after declining around 23% on Friday. Agrify recently entered into a multi-million dollar sales agreement with Ocean Deep/Golden Lake Business Park.
• HUB Cyber Security Ltd. (NASDAQ:HUBC) shares fell 11.8% to $1.50 in pre-market trading after declining 11% on Friday.
• Airspan Networks Holdings Inc (NASDAQ:MIMO) declined 11.3% to $0.1872 in pre-market trading after surging 24% on Friday. Airspan recently announced a partnership with GCT Semiconductor to develop an RF module.
• Treasure Global Inc. (NASDAQ:TGL) shares fell 10.9% to $0.10 in pre-market trading after gaining 9% on Friday.
• Archer-Daniels-Midland Company (NYSE:ADM) fell 9.6% to $61.67 in pre-market trading after the company named Ismael Roig as Interim Chief Financial Officer. ADM said it now expects an adjusted earnings per share of $6.90 for the fiscal year ended Dec. 2023.
• WiSA Technologies, Inc. (NASDAQ:WISA) shares dipped 8.7% to $0.0973 in pre-market trading after declining over 3% on Friday.
• Algoma Steel Group Inc. (NASDAQ:ASTL) shares declined 8.3% to $8.32 in pre-market trading. Algoma Steel Group announced that in the early hours of Jan. 20, 2024 there was a collapse of a structure supporting utilities piping at our coke-making plant.
• Celularity Inc. (NASDAQ:CELU) shares declined 6.4% to $0.2750 in pre-market trading. For full year 2023 the company recently said it expects net sales percentage growth in the range of 22.7% to 26.6% year over year.
• C3is Inc. (NASDAQ:CISS) fell 5.6% to $0.1277 after falling 6% on Wednesday. C3is shares dipped 64% on Friday after the company announced pricing of its $7 million upsized underwritten public offering.

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