Why ORIC Pharmaceuticals Shares Are Trading Higher By Around 46%; Here Are 27 Stocks Moving Premarket

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Losers

• Powerbridge Technologies Co., Ltd. (NASDAQ:PBTS) fell 16% to $0.1054 in pre-market trading after jumping 29% on Wednesday. Powerbridge Technologies recently announced the strategic acquisition of DTI Group.
• Helius Medical Technologies, Inc. (NASDAQ:HSDT) shares fell 14.7% to $0.21 in pre-market trading. Maxim Group recently initiated coverage on the stock with a Buy rating and a $1 price target.
• Galmed Pharmaceuticals Ltd. (NASDAQ:GLMD) fell 8.8% to $0.4202 in pre-market trading after jumping over 40% on Wednesday.
• Lexicon Pharmaceuticals, Inc. (NASDAQ:LXRX) fell 8.4% to $1.74 in pre-market trading after the company reported topline results from Phase 2 proof-of-concept study of LX9211 in postherpetic neuralgia. The company said primary endpoint was not met.
• Venus Concept Inc. (NASDAQ:VERO) fell 7.8% to $0.2748 in pre-market trading. Venus Concept shares jumped 18% on Wednesday after the company received an FDA 510(k) clearance to market its AI.ME next-generation robotic technology for fractional skin resurfacing.
• Opendoor Technologies Inc. (NASDAQ:OPEN) shares fell 7.8% to $1.05 in pre-market trading after dropping around 10% on Wednesday.
• Otonomy, Inc. (NASDAQ:OTIC) shares fell 7.6% to $0.0801 in pre-market trading. Otonomy recently announced plans to liquidate and dissolve following an orderly wind down of operations.
• Avaya Holdings Corp. (NYSE:AVYA) fell 7.4% to $0.2077 in pre-market trading after jumping around 8% on Wednesday.
• Vallon Pharmaceuticals, Inc. (NASDAQ:VLON) fell 7.3% to $0.3101 in pre-market trading. Vallon Pharmaceuticals and GRI Bio recently announced they entered into a merger agreement.
• Artelo Biosciences, Inc. (NASDAQ:ARTL) fell 6.5% to $2.92 in pre-market trading.
• Micron Technology, Inc. (NASDAQ:MU) fell 2.9% to $49.70 in pre-market trading after the company reported downbeat results for its first quarter and issued weak earnings forecast for the second quarter. The company also announced plans to lay off 10% of its workforce next year.

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