38 Stocks Moving in Wednesday's Pre-Market Session

Gainers

  • Fluidigm Corporation FLDM shares rose 50.3% to $13.21 in pre-market trading after the company received Emergency Use Authorization from the FDA for saliva-based Advanta Dx SARS-CoV-2 RT-PCR Assay for COVID-19.
  • SCWorx Corp. WORX shares rose 31.3% to $2.14 in pre-market trading after surging over 12% on Tuesday. SCWorx, earlier during the month, appointed Timothy Hannibal as President, COO and Director.
  • Immunic, Inc. IMUX rose 22.3% to $17.64 in pre-market trading after Piper Sandler initiated coverage on the company's stock with an Overweight rating and announced a $71 price target.
  • Geron Corporation GERN rose 20.5% to $2.12 in pre-market trading after HC Wainwright maintained a Buy rating on the company's stock and raised its price target from $4 to $7.
  • OpGen, Inc. OPGN rose 16.8% to $2.70 in pre-market trading. OpGen, last week, announced its subsidiary obtained the CE mark certification in the European Union for its own SARS-CoV-2 Kit with PULB detection of SARS-CoV-2.
  • Envision Solar International, Inc. EVSI rose 16.6% to $12.80 in pre-market trading. BTIG initiated coverage on Envision Solar with a Buy rating and announced a price target of $25.
  • Urban Tea, Inc. MYT shares rose 15.5% to $0.2304 in pre-market trading. On Tuesday, Urban Tea reported a 1 for 10 reverse share split.
  • salesforce.com, inc. CRM shares rose 13.6% to $245.50 in pre-market trading after the company reported better-than-expected results for its second quarter and also issued upbeat guidance for FY21. Salesforce stock was also added to the Dow Jones Industrial Average.
  • Urban Outfitters, Inc. URBN rose 12% to $23.30 in pre-market trading after the company swung to a surprise profit in the second quarter, while sales also came in above Wall Street estimates.
  • Sorrento Therapeutics, Inc. SRNE rose 12% to $9.21 in pre-market trading. Sorrento Therapeutics, last week, announced it has entered into a merger agreement to acquire SmartPharm and develop a pipeline of gene-encoded therapeutic antibodies, starting with neutralizing antibodies to treat Covid-19 and cancer therapeutics.
  • Lipocine Inc. LPCN rose 11.1% to $1.60 in pre-market trading after dropping more than 16% on Tuesday. Lipocine released Q2 results earlier in the month.
  • Immunovant, Inc. IMVT rose 9.6% to $37.97 in pre-market trading after HC Wainwright & Co. maintained a Buy rating on the company's stock and raised its price target from $34 to $40.
  • Iconix Brand Group, Inc. ICON rose 8.9% to $0.94 in pre-market trading. Iconix Brand, earlier during the month, reported a loss for the second quarter.
  • Electrameccanica Vehicles Corp. SOLO rose 7% to $3.22 in pre-market trading. On Monday, Electrameccanica Vehicles announced that production for its SOLO EV will begin on August 26.
  • BlueCity Holdings Limited BLCT rose 6.6% to $16.10 in pre-market trading after reporting Q2 results.
  • Intuit Inc. INTU rose 6.4% to $357.88 in pre-market trading after the company reported better-than-expected Q4 results.
  • Hewlett Packard Enterprise Co HPE rose 6% to $9.89 in pre-market trading after the company reported upbeat results for its third quarter and issued a strong earnings forecast for FY20.
  • Kandi Technologies Group, Inc. KNDI rose 6% to $7.07 in pre-market trading.
  • India Globalization Capital, Inc. IGC rose 5.8% to $1.45 in pre-market trading. On Tuesday, India Globalization Capital won a patent for ‘compositions and methods for treating seizure disorders such as epilepsy.’
  • Diffusion Pharmaceuticals Inc. DFFN shares rose 5.7% to $1.11 in pre-market trading. Diffusion Pharmaceuticals, earlier during the month, posted a loss for the second quarter.
  • Transocean Ltd. RIG rose 5.4% to $1.36 in pre-market trading after falling around 4% on Tuesday.
  • BigCommerce Holdings, Inc. BIGC rose 4.8% to $109.12 in pre-market trading as the company announced a partnership with Facebook.


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

  • CohBar, Inc. CWBR shares fell 21.5% to $1.13 in pre-market trading after the company announced a proposed public offering of common stock and warrants.
  • Pioneer Power Solutions, Inc. PPSI shares fell 14.9% to $2.00 in pre-market trading after jumping around 68% on Tuesday. Mazurek Nathan filed a Form 4 with the SEC on Tuesday, August 25. The insider bought 1,000 shares at an average price of $1.40.
  • China Automotive Systems, Inc. CAAS fell 11.9% to $2.59 in pre-market trading. China Automotive Systems shares gained over 15% on Tuesday after the company announced a $5 million buyback.
  • Borqs Technologies, Inc. BRQS fell 11% to $1.22 in pre-market trading. Borqs Technologies shares jumped around 40% on Monday after the company received a purchase order of over $15 million for mobile point-of-sale device in India.
  • Pure Storage Inc PSTG fell 10.9% to $14.93 in pre-market trading after the company reported Q2 earnings. The company did not provide formal guidance, but noted its current view of Q3 total revenue will approximately be flat.
  • Bio-Path Holdings, Inc. BPTH fell 8.7% to $4.20 in pre-market trading after declining over 6% on Tuesday.
  • Viveve Medical, Inc. VIVE shares fell 8.4% to $0.6501 in pre-market trading. Viveve Medical shares jumped 34% on Tuesday after the company announced positive primary efficacy data from its three-arm, five-month stress urinary incontinence feasibility study, which is comparing the company's cryogen-cooled monopolar radio frequency treatment and a cryogen-only sham treatment to an inert sham treatment for mild-to-moderate SUI in women. Additionally, the company announced positive outcomes from an in-vivo preclinical study that was conducted to validate its new inert sham tip for use in the upcoming pivotal PURSUIT Trial in the U.S.
  • XpresSpa Group, Inc. XSPA fell 8.2% to $3.03 in pre-market trading after the company reported a $35.3 million registered direct offering priced at-the-market under Nasdaq rules. XpresSpa Group, on Monday, announced it had cut the waiting time for COVID-19 tests conducted at airports from 48 hours to under 15 minutes.
  • Ocugen, Inc. OCGN fell 6.6% to $0.4304 in pre-market trading after gaining over 12% on Tuesday. Ocugen reported worse-than-expected Q2 earnings earlier during the month.
  • Nordstrom, Inc. JWN fell 6.6% to $14.50 in pre-market trading after the company reported worse-than-expected Q2 earnings.
  • Sonnet BioTherapeutics Holdings, Inc. SONN fell 6.3% to $2.96 in pre-market trading after declining 19% on Tuesday. Sonnet BioTherapeutics shares climbed over 48% on Monday after the U.S. FDA issued an emergency use authorization for investigational convalescent plasma for the treatment of COVID-19 in hospitalized patients..
  • Naked Brand Group Limited NAKD fell 5.9% to $0.2814 in pre-market trading. Naked Brand Group, last week, entered into a global amendment with St.George Investments amending convertible promissory note issued by the company.
  • BIO-key International, Inc. BKYI fell 5.9% to $0.6135 in pre-market trading. On Monday, BIO-key International named Kimberly Johnson as Vice-President of Product Marketing.
  • Gevo, Inc. GEVO fell 5.4% to $1.40 in pre-market trading after gaining over 6% on Tuesday. Gevo, last week, announced a registered direct offering of 38.4 million shares priced at $1.30 per share.
  • Zosano Pharma Corporation ZSAN fell 4.1% to $1.65 in pre-market trading. Zosano Pharma, last week, announced an agreement to collaborate with Mitsubishi Tanabe Pharma Corp.
  • Express, Inc. EXPR fell 3.1% to $1.10 in pre-market trading following downbeat quarterly results.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsPenny StocksPre-Market OutlookMarketsMoversTrading IdeasPremarket MoversTop Gainers
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!