26 Stocks Moving in Wednesday's Pre-Market Session

Gainers

• Tiziana Life Sciences PLC TLSA rose 241.5% to $7.00 in pre-market trading after the company announced plans to expedite development of fully human anti-Interleukin-6-Receptor monoclonal antibody, a 'potential treatment of certain patients infected with coronavirus COVID-19.'
• Phio Pharmaceuticals Corp. PHIO rose 40% to $3.93 in pre-market trading. Phio Pharmaceuticals announced a new agreement with Medigene AG in relation to its earlier announced research collaboration with the Helmholtz Zentrum München.
• Co-Diagnostics, Inc. CODX rose 27% to $8.75 in pre-market trading after dropping around 30% on Tuesday.
• Inovio Pharmaceuticals, Inc. INO rose 20% to $6.84 in pre-market trading. Inovio Pharmaceuticals shares tumbled 42% on Tuesday on continued downward momentum after Citron issued a bearish tweet on the stock.
• Kala Pharmaceuticals, Inc. KALA rose 16.6% to $9.20 in pre-market trading. Kala Pharmaceuticals priced 16 million share offering of common stock at $7.89 per share.
• Zion Oil & Gas, Inc. ZN rose 15.3% to $0.1890 in pre-market trading.
• Mallinckrodt plc MNK rose 11.9% to $2.45 in pre-market trading after the company announced NY State Attorney General has joined 47 other state attorneys in supporting previously-announced opioid settlement against the company and related entities.
• Vaxart, Inc. VXRT rose 11.1% to $2.11 in pre-market trading after falling over 31% on Tuesday.
• Turtle Beach Corp HEAR rose 8.9% to $6.01 in pre-market trading after the company reported upbeat results for its fourth quarter and issued strong Q1 sales guidance.
• Teladoc Health, Inc. TDOC shares rose 6.1% to $154.95 in pre-market trading after gaining over 9% on Tuesday.
• Daqo New Energy Corp. DQ rose 5.5% to $60.00 in pre-market trading after climbing over 12% on Tuesday.
• 1Life Healthcare, Inc. ONEM rose 5.3% to $26.99 in pre-market trading after climbing around 15% on Tuesday.

Find out what's going on in today's market and bring any questions you have to Benzinga's PreMarket Prep.

Check out these big penny stock gainers and losers

Losers

• Avid Bioservices Inc CDMO fell 20.2% to $4.78 in pre-market trading after the company reported worse-than-expected Q3 EPS and sales results. The company cut FY20 sales guidance.
• Vivint Solar, Inc.VSLR fell 16.6% to $8.00 in pre-market trading after the company reported worse-than-expected Q4 sales results.
• Bionano Genomics, Inc. BNGO fell 13.5% to $0.6571 in pre-market trading. Bionano Genomics filed for prospectus for offer and resale by Innovatus Life Sciences Lending Fund of up to 1.1 million shares.
• KemPharm, Inc KMPH fell 12.5% to $0.26 in the pre-market trading session after rising over 18% on Tuesday.
• OpGen, Inc. OPGN shares fell 10.5% to $2.04 in pre-market trading after declining around 15% on Tuesday.
• Sasol Limited SSL shares fell 10.5% to $4.17 in pre-market trading after dropping over 12% on Tuesday.
• Novan, Inc. NOVN shares fell 10% to $0.63 in pre-market trading after rising over 37% on Tuesday.
• TechnipFMC plc FTI fell 8.6% to $8.70 in pre-market trading as oil prices fall after Saudi Arabia directed producer Saudi Aramco to raise its production capacity.
• Amarin Corporation plc AMRN fell 7.7% to $13.08 in pre-market trading.
• Innate Pharma S.A. IPHA fell 5.7% to $6.49 in pre-market trading. Innate Pharma reported full-year results on Tuesday.
• American Airlines Group Inc. AAL fell 4.8% to $16.20 in pre-market trading as global concerns of the coronavirus continue to grow. The virus has negatively impacted the demand for domestic and international air travel and caused several airliners to cut their outlook.
• Pinduoduo Inc. PDD fell 4.5% to $36.00 in pre-market trading after reporting Q4 results.
• MKS Instruments, Inc. MKSI fell 3.8% to $93.00 in pre-market trading after rising over 6% on Tuesday.
• Moody's Corporation MCO fell 3.8% to $218.90 in pre-market trading. Moody's reaffirmed its FY20 adjusted EPS guidance of $9.10-$9.30, but expects it to be toward the lower end of range.