Market News

Insight into the Surge of Fangdd Network Group Shares & Other Pre-market Movers Insight into the Surge of Fangdd Network Group Shares & Other Pre-market Movers

Shares of Fangdd Network Group Ltd. DUO soared today as the company unveiled its 2024 strategic blueprint encompassing a foray into the real estate stock asset services arena.

Fangdd Network Group shares skyrocketed by an impressive 78.3% to reach $1.08 in the pre-market trading session.

Discover below some notable stocks exhibiting movement in pre-market trading.

Top Performers

  • Kidpik Corp. PIK surged by an astounding 311% to $11.10 in pre-market trading following the announcement of a 1-for-5 reverse stock split.
  • Auddia Inc. AUUD witnessed a notable rise of 50.1% to $4.64 in pre-market trading after experiencing an 8% decline on the previous trading day.
  • Mesoblast Limited MESO climbed 28.4% to reach $2.76 in pre-market trading on the heels of the FDA extending support for an accelerated approval path for Rexlemestrocel-l in end-stage heart failure patients.
  • TC Biopharm (Holdings) Plc TCBP recorded a surge of 23.6% to $1.31 in pre-market trading.
  • Graphite Bio, Inc. GRPH ascended by 19.4% to $3.75 in pre-market trading. The ascent followed the declaration of a special dividend in tandem with a proposed merger with Lenz Therapeutics.
  • GDS Holdings Limited GDS shares surged by 17.7% to $7.54 in pre-market trading. Reports surfaced about potential investments in the company’s data center enterprise beyond Chinese borders by Hillhouse Capital, Boyu Capital, and CDH Investments.
  • SRIVARU Holding Limited SVMH saw a 15.7% surge to $0.2730 in pre-market trading following a 5% dip on the previous trading day.
  • Kingsoft Cloud Holdings Limited KC recorded a 13.7% gain, reaching $3.06 in pre-market trading. Anticipated financial results for the fourth quarter to be released on March 20, 2024, may have influenced this movement.
  • Bon Natural Life Limited BON observed a rise of 13% to $0.4744 in pre-market trading following a 4% decline on the previous trading day.

Underperformers

  • Semilux International Ltd. SELX spiraled down by 24.8% to $1.27 in pre-market trading after having surged by 69% on the prior trading day.
  • Lytus Technologies Holdings PTV. Ltd. LYT plummeted by 20% to $6.40 in pre-market trading subsequent to an 8% fall on the previous trading day. The launch of Lytus Cloud was announced by Lytus Technologies last week.
  • Safe and Green Development Corporation SGD observed a 20% decline to $0.9926 in pre-market trading after an 88% surge on the prior trading day post the announcement of funding for the Norman Berry Expansion in Atlanta, Georgia
  • Avenue Therapeutics, Inc. ATXI dropped by 19% to $0.1555 in pre-market trading after a 10% upsurge on the previous trading day.
  • Tenax Therapeutics, Inc. TENX experienced a decline of 18.5%, reaching $3.31 in pre-market trading.
  • Barnes & Noble Education, Inc. BNED tumbled by 18.5% to $0.74 in pre-market trading. The rescheduling of the release of the third quarter fiscal year 2024 earnings by Barnes & Noble Education may have been a contributing factor.
  • Psyence Biomedical Ltd. PBM declined by 17.1% to $1.75 in pre-market trading after a 66% surge on the previous trading day. The company recently announced the reception of Human Research Ethics Committee approval for Psyence Australia to commence its Phase IIb study.
  • CERo Therapeutics Holdings, Inc. CERO slid by 15.2% to $3.35 in pre-market trading following a 28% leap on the prior trading day. CERo Therapeutics disclosed a milestone with the publication of preclinical analysis focusing on CER-1236 targeting Acute Myelogenous Leukemia tumor cells from human patients.
  • Immuron Limited IMRN stocks nosedived by 14.2% to $3.26 after a 16% drop on the previous trading day.
  • Ocular Therapeutix, Inc. OCUL experienced a sharp downturn of 13.8% to $8.60 in pre-market trading. The upcoming release of fourth-quarter financial results on March 11, 2024, may have factored into this movement.
See also  Interest Rate Cuts Won't Automatically Boost The Stock Market

 

Now Read This: Oracle, Casey’s General Stores And 3 Stocks To Watch Heading Into Monday