Why GameStop Shares Are Trading Higher; Here Are 20 Stocks Moving Premarket
$ABTS
$AMC
$BNAI
$CRKN
Computer Software: Programming Data Processing
Technology
Movies/Entertainment
Consumer Discretionary
Shares of GameStop Corp. (NYSE:GME) rose sharply in today's pre-market trading .
The rally in the stock came on the back of Keith Gill, also known as "Roaring Kitty," disclosing a substantial position in GameStop on the r/Superstonk Reddit forum.
GameStop shares jumped 69.1% to $39.12 in the pre-market trading session.
Here are some other stocks moving in pre-market trading.
Gainers
- MingZhu Logistics Holdings Limited (NASDAQ:YGMZ) rose 69.5% to $0.5931 in today's pre-market trading after the company reported an agreement to acquire Oxylus Global.
- TRACON Pharmaceuticals, Inc. (NASDAQ:TCON) shares gained 31.3% to $1.68 in pre-market trading. On May 14, TRACON Pharmaceuticals reported worse-than-expected first-quarter EPS results.
- AMC Entertainment Holdings, Inc. (NYSE:AMC) gained 25.6% to $5.44 in pre-market trading. The resumption of the meme rally came on the back of Keith Gill, also known as "Roaring Kitty," disclosing a substantial position in GameStop on the r/Superstonk Reddit forum.
- Earlyworks Co., Ltd (NASDAQ:ELWS) gained 25% to $2.65 in pre-market trading. Earlyworks and ZenmuTech announced a collaboration for a more secure digital society through secret splitting and blockchain.
- Crown ElectroKinetics Corp. (NASDAQ:CRKN) shares rose 24% to $0.1239 in pre-market trading after dipping 12% on Friday.
- MarineMax, Inc. (NYSE:HZO) gained 18.6% to $33.79 in pre-market trading.
- Faraday Future Intelligent Electric Inc. (NASDAQ:FFIE) shares gained 17.3% to $0.6850 in pre-market trading after gaining over 3% on Friday.
- MicroCloud Hologram Inc. (NASDAQ:HOLO) rose 17.2% to $1.70 in pre-market trading after gaining 5% on Friday.
- Molecular Partners AG (NASDAQ:MOLN) shares climbed 14.4% to $4.30 in pre-market trading. Molecular Partners presented data from completed Phase 1 trial of MP0317 monotherapy in advanced solid tumors at ASCO 2024.
Losers
- Portage Biotech Inc (NASDAQ:PRTG) shares declined 25.2% to $0.3581 in pre-market trading after gaining over 91% on Friday.
- iSpecimen Inc. (NASDAQ:ISPC) shares declined 23.5% to $0.3291 in pre-market trading.
- Abits Group Inc. (NASDAQ:ABTS) shares dipped 14% to $0.58 in pre-market trading following a 4% decline on Friday.
- XChange TEC.INC (NASDAQ:XHG) shares fell 12.5% to $0.7869 in pre-market trading after jumping around 32% on Friday.
- Global Gas Corp (NASDAQ:HGAS) shares fell 12% to $1.10 in pre-market trading after gaining around 9% on Friday.
- Digital Health Acquisition Corp (NASDAQ:DHAC) shares fell 11.4% to $15.03 in pre-market trading after gaining 13% on Friday.
- Brand Engagement Network, Inc. (NASDAQ:BNAI) shares fell 11.2% to $4.83 in pre-market trading after jumping over 110% on Friday.
- EpicQuest Education Group Internatnl Ltd (NASDAQ:EEIQ) shares fell 10.4% to $0.75 in pre-market trading after gaining over 7% on Friday.
- UTime Ltd (NASDAQ:WTO) fell 10.4% to $0.43 in pre-market trading after gaining 10% on Friday.
- GSK plc (NYSE:GSK) shares declined 9.2% to $40.66 in pre-market trading. GSK said it disagrees with ruling by Delaware State Court that contradicts Federal Court’s Multidistrict litigation ruling, which dismissed all cases alleging five cancer types, in Dec. 2022. The company said it will immediately seek an appeal.
Now Read This: Investor Optimism Improves; US Stocks Record Gains For May