Gainers
- Aimmune Therapeutics, Inc AIMT shares rose 169.8% to $34.00 in pre-market trading after Nestle SA agreed to acquire the company at an enterprise value of $2.6 billion.
- Cinedigm Corp. CIDM shares rose 24.1% to $1.12 in pre-market trading. Cinedigm reported a partnership with Canela.TV.
- TransAtlantic Petroleum Ltd. TAT rose 23.6% to $0.2901 in pre-market trading. TransAtlantic Petroleum announced plans to pay the upcoming quarterly dividends on its Series A Preferred Shares in Common Shares.
- UTStarcom Holdings Corp. UTSI rose 23.2% to $1.70 in pre-market trading. UTStarcom reported the launch of a SkyFlux Converged Packet Transport Platform and postponed the release of H1 financial results.
- FSD Pharma Inc. HUGE rose 20.3% to $3.90 in pre-market trading after the company reported Phase 2 clinical trial IND filing with the FDA to treat patients with COVID-19.
- VivoPower International PLC VVPR rose 19.3% to $9.85 in pre-market trading after jumping 69% on Friday. The company reported better-than-expected FY20 preliminary results last week.
- Northern Dynasty Minerals Ltd. NAK rose 19.1% to $1.08 in pre-market trading after declining around 3% on Friday.
- Sundial Growers Inc. SNDL rose 16.7% to $0.3999 in pre-market trading after gaining over 7% on Friday. Sundial Growers, earlier during the month, reported a 25.82 million unit offering at $0.50 per unit.
- Town Sports International Holdings, Inc. CLUB shares rose 15.7% to $0.74 in pre-market trading after gaining over 8% on Friday.
- Destination XL Group, Inc. DXLG rose 15.6% to $0.41 in pre-market trading after declining 21% on Friday. Destination XL Group, last week, reported better-than-expected Q2 sales.
- Akcea Therapeutics, Inc. AKCA rose 13.7% to $12.94 in pre-market trading. Akcea Therapeutics and Ionis Pharmaceuticals presented data from the Phase 2 clinical trial of vupanorsen at the ESC Congress 2020, the annual meeting for the European Society of Cardiology.
- Canaan Inc. CAN rose 11.7% to $2.20 in pre-market trading after the company reported its Q2 earnings results.
- Tyme Technologies, Inc. TYME shares rose 10.1% to $1.20 in pre-market trading after declining over 4% on Friday. TYME, last week, reported that its oncology research revealed a potential new oral therapy TYPE-19 in 'fight against COVID-19.'
- Sphere 3D Corp. ANY rose 10% to $2.53 in pre-market trading after jumping 30% on Friday. Sphere 3D, earlier during the month, entered into an agreement for acquisition of a commercial water-as-a-service supplier.
- Neurocrine Biosciences, Inc NBIX rose 9.3% to $124.99 in pre-market trading. Neurocrine Biosciences, earlier during the month, released upbeat quarterly earnings.
- HEXO Corp. HEXO rose 8.7% to $0.78 in pre-market trading.
- GameStop Corp. GME rose 8.5% to $5.85 in pre-market trading. GameStop is expected to report Q2 results on September 9.
- Amarin Corporation plc AMRN rose 8.4% to $7.98 in pre-market trading after the company announced the results from the VASCEPA trial met the primary endpoint.
- Inovio Pharmaceuticals, Inc. INO rose 8.2% to $13.05 in pre-market trading. The FDA Chairman Stephen Hahn said a COVID-19 vaccine could get emergency approval without Phase 3 trial results, according to the Financial Times.
- Turquoise Hill Resources Ltd. TRQ rose 8% to $1.08 in pre-market trading. Turquoise Hill raised its 2021 gold production forecast and filed an updated Oyu Tolgoi Technical Report.
- Intec Pharma Ltd. NTEC rose 7.7% to $0.3230 in pre-market trading. Intec Pharma, earlier during the month, priced 7.125 million share registered offering at $0.3511 per share.
- India Globalization Capital, Inc. IGC rose 7% to $1.39 in pre-market trading. India Globalization Capital reported a Q2 loss during the later part of the month.
- Gevo, Inc. GEVO shares rose 6.7% to $1.28 in pre-market trading. Gevo shares climbed 10% on Friday after Peak Value IP completed its valuation of the intellectual property of the company and valued it at $412 million.
- Veoneer, Inc. VNE shares rose 6.6% to $14.88 in pre-market trading after gaining 9% on Friday as the company and Qualcomm announced plans to collaborate to power next generation ADAS and autonomous driving systems.
- Color Star Technology Co., Ltd. HHT rose 5.5% to $1.15 in pre-market trading. Color Star Technology shares jumped 23% on Friday after the company announced collaboration with Red Phoenix Entertainment to strategically expand into sports education.
- Yum China Holdings, Inc. YUMC rose 5.1% to $59.40 in pre-market trading after the company announced the launch of its Hong Kong secondary listing.
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Check out these big penny stock gainers and losers
Losers
- Shiloh Industries, Inc. SHLO shares fell 30.1% to $0.7623 in pre-market trading after the company entered into stock and asset purchase agreement with Grouper Holdings, LLC, a Subsidiary of MiddleGround Capital LLC. The company filed voluntary Chapter 11 petitions to facilitate the transaction.
- Lipocine Inc. LPCN shares fell 24.2% to $1.25 in pre-market trading after the FDA informed the company that it needs additional time to complete its review of TLANDO's New Drug Application.
- SemiLEDs Corporation LEDS fell 23.3% to $2.50 in pre-market trading.
- Ferroglobe PLC GSM fell 20.2% to $0.4050 in pre-market trading. Ferroglobe is expected to release quarterly earnings after the closing bell today.
- PEDEVCO Corp. PED shares fell 19.7% to $1.22 in pre-market trading. PEDEVCO shares tumbled 28% on Friday after the company issued a second status update regarding open letter delivered to Avalon Energy, LLC.
- Forum Energy Technologies, Inc. FET fell 14.2% to $0.49 in pre-market trading. Forum Energy Technologies reported Q2 results earlier in the month.
- Odonate Therapeutics, Inc. ODT fell 10.5% to $16.00 in pre-market trading after gaining 21% on Friday. Odonate Therapeutics, last week, announced a common stock offering.
- Borr Drilling Limited BORR fell 9.3% to $0.8710 in pre-market trading. Borr Drilling reported preliminary Q2 results on Friday.
- CHF Solutions, Inc. CHFS fell 7.9% to $0.34 in pre-market trading. CHF Solutions, earlier during the month, announced pricing of $12.5 million offering at $0.45 per unit.
- Hancock Jaffe Laboratories, Inc. HJLI fell 5.8% to $0.4190 in pre-market trading. Hancock Jaffe Laboratories, last week, enrolled the first two patients for its first-in-human CoreoGraft study.
- Hermitage Offshore Services Ltd. PSV fell 5.3% to $0.7208 in pre-market trading. Hermitage Offshore Services, on Friday, announced it submitted a request to appeal the NYSE delisting determination.
- NIO Limited NIO fell 5.2% to $17.53 in pre-market trading after the company reported pricing of offering of 88,500,000 American Depositary Shares. NIO shares fell 7% on Friday after the company reported a proposed offering of 75 million American depositary shares.
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