Why ZIM Integrated Shipping Services Shares Are Trading Higher By 9%; Here Are 20 Stocks Moving Premarket

ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) shares rose sharply in today's pre-market trading after Jefferies upgraded the stock from Hold to Buy and raised its price target from $14 to $20.

ZIM Integrated Shipping Services shares climbed 9.2% to $14.72 in pre-market trading.

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

Gainers

• NovaBay Pharmaceuticals, Inc. (NYSE:NBY) gained 71.3% to $0.2810 in pre-market trading after gaining around 8% on Friday. NovaBay Pharmaceuticals and Sonoma Pharmaceuticals recently agreed to market Avenova-branded products in the European Union.
• Spectral AI, Inc. (NASDAQ:MDAI) gained 33.9% to $3.63 in pre-market trading after gaining more than 35% on Friday. BTIG analyst Ryan Zimmerman recently initiated coverage on Spectral AI with a Buy rating and announced a price target of $4.
• TuanChe Limited (NASDAQ:TC) shares jumped 31.4% to $3.10 in pre-market trading after jumping more than 10% on Friday.
• Jianzhi Education Technology Group Company Limited (NASDAQ:JZ) gained 24.1% to $0.7818 in pre-market trading.
• 60 Degrees Pharmaceuticals, Inc. (NASDAQ:SXTP) surged 17.7% to $0.5884 in pre-market trading. 60 Degrees Pharmaceuticals recently announced that, following a Type C meeting held on Jan. 17, 2024, with the FDA, the company will move forward with a pivotal clinical study of tafenoquine in hospitalized babesiosis patients in the U.S.
• Bluejay Diagnostics, Inc. (NASDAQ:BJDX) shares rose 16.7% to $0.90 in pre-market trading.
• Palisade Bio, Inc. (NASDAQ:PALI) shares rose 16.4% to $0.61 in pre-market trading. Palisade Bio requested to withdraw the registration statement and may consider subsequent private offerings instead.
• IM Cannabis Corp. (NASDAQ:IMCC) shares gained 16.3% to $0.3820 in pre-market trading after surging around 60% on Friday.
• China Pharma Holdings, Inc. (NYSE:CPHI) shares gained 12.3% to $0.1051 in pre-market trading.

Losers

• Panbela Therapeutics, Inc. (NASDAQ:PBLA) shares dipped 35.6% to $2.75 in pre-market trading after jumping 31% on Friday. Panbela Therapeutics recently said it has reached 50% enrollment in ASPIRE trial of ivospemin plus gemcitabine and nab-paclitaxel combo in first-line treatment of metastatic pancreatic cancer.
• Aeva Technologies, Inc. (NYSE:AEVA) shares fell 35.6% to $0.55 in pre-market trading after falling around 4% on Friday.
• Aclarion, Inc. (NASDAQ:ACON) shares fell 28.2% to $2.04 in pre-market trading after surging 52% on Friday.
• Corbus Pharmaceuticals Holdings, Inc. (NASDAQ:CRBP) fell 18.3% to $24.06 in pre-market trading. Corbus Pharmaceuticals shares jumped 249% on Friday after the company announced data from the first-in-human clinical study of CRB-701 is being presented as a poster by its development partner CSPC Pharmaceutical at ASCO GU 2024.
• Planet Green Holdings Corp. (NYSE:PLAG) fell 17.7% to $0.34 after dipping 8% on Friday.
• Inspire Veterinary Partners, Inc. (NASDAQ:IVP) shares declined 17.7% to $0.1840 in pre-market trading after surging 17% on Friday.
• Globavend Holdings Limited (NASDAQ:GVH) shares fell 17% to $0.7890 in pre-market trading.
• SMX (Security Matters) Public Limited Company (NASDAQ:SMX) declined 16.1% to $0.3610 in pre-market trading after gaining around 83% on Friday.
• Cyngn Inc. (NASDAQ:CYN) shares declined 12.7% to $0.2322 in pre-market trading after gaining around 24% on Friday.
• Koninklijke Philips N.V. (NYSE:PHG) shares dipped 5.6% to $21.48 in pre-market trading after the company reported fourth-quarter results and agreed with the US Department of Justice (DOJ), representing the FDA, on terms of consent decree focused on Philips Respironics in the US.

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