Why Quanergy Systems Shares Are Trading Sharply Lower; Here Are 28 Stocks Moving Premarket

Gainers

• Selina Hospitality PLC SLNA rose 31.9% to $19.90 in pre-market trading after dipping around 63% on Friday.
• Baudax Bio, Inc. BXRX shares rose 17.8% to $0.2388 in pre-market trading.
• Lottery.com Inc. LTRY rose 16.2% to $0.4399 in pre-market trading. Lottery.com recently announced appointment of new auditors.
• Cognition Therapeutics, Inc. CGTX shares rose 15.1% to $2.14 in pre-market trading after climbing 12% on Friday.
• Virax Biolabs Group Limited VRAX rose 14.4% to $1.75 in pre-market trading. Virax Biolabs Group recently announced initiation of its Virax Immune COVID-19 analytical performance study.
• AppHarvest, Inc. APPH rose 11.9% to $2.35 in pre-market trading after gaining over 8% on Friday.
• Adecoagro S.A. AGRO shares rose 11.3% to $9.34 in pre-market trading.
• Sharps Technology, Inc. STSS rose 10.6% to $1.14 in pre-market trading.
• Scienjoy Holding Corporation SJ rose 9.6% to $1.93 in pre-market trading.
• Digital Brands Group, Inc. DBGI rose 9% to $0.0761 in pre-market trading after dipping over 15% on Friday.
• trivago N.V. TRVG rose 8.5% to $1.05 in pre-market trading. trivago is expected to release its financial results for the third quarter on Tuesday, November 1, 2022.
• First Wave BioPharma, Inc. FWBI rose 8% to $1.22 in pre-market trading.
• VEON Ltd. VEON shares rose 7.8% to $0.3247 in pre-market trading.

Don’t forget to check out our premarket coverage here .

Losers

• UpHealth, Inc. UPH shares fell 87.3% to $0.07 in pre-market trading. Melissa Frieswick, a healthcare industry veteran, recently joined UpHealth as chief growth officer.
• Quanergy Systems, Inc. QNGY shares fell 70% to $0.99 in pre-market trading. Quanergy Systems priced its upsized 9.8 million unit public offering at $1.70 per unit..
• Argo Blockchain plc ARBK fell 37.5% to $1.23 in pre-market trading after the company said it no longer projects raising approximately £24 million ($27 million) from a strategic investor via a subscription for ordinary shares.
• Y-mAbs Therapeutics, Inc. YMAB fell 37.4% to $5.62 in pre-market trading after FDA's Oncologic Drugs Advisory Committee (ODAC) raised concerns regarding the efficacy of the company’s potential pediatric neuroblastoma treatment, omburtamab. JP Morgan downgraded Y-mAbs Therapeutics from Neutral to Underweight and lowered the price target from $16 to $7.
• Satixfy Communications Ltd. SATX shares fell 16.9% to $24.42 in pre-market trading after jumping around 255% on Friday.
• TuSimple Holdings Inc. TSP fell 16.3% to $5.28 in pre-market trading after the company reported termination of CEO and the initiation of a search for a new CEO. Wall Street Journal reported Sunday that TuSimple is being probed by Federal Bureau of Investigation, Securities and Exchange Commission and Committee on Foreign Investment in the U.S. over its ties to a Chinese startup Hydron Inc.
• Kazia Therapeutics Limited KZIA shares fell 15.7% to $0.76 in pre-market trading after declining around 9% on Friday. Kazia Therapeutics recently said its paxalisib demonstrated monotherapy efficacy signals in preclinical models of melanoma.
• Inventiva S.A. IVA fell 12.7% to $5.10 in pre-market trading. Inventiva said AbbVie communicated that they decided to stop the development of cedirogant (ABBV-157) for the treatment of autoimmune disease.
• Hydrofarm Holdings Group, Inc. HYFM fell 11.5% to $2.22 in pre-market trading.
• Uxin Limited UXIN fell 11.1% to $3.62 in pre-market trading after declining around 10% on Friday.
• Tuesday Morning Corporation TUEM shares fell 9.2% to $ 0.12 in pre-market trading after gaining over 6% on Friday.
• Petróleo Brasileiro S.A. - Petrobras PBR fell 8.8% to $12.27 in pre-market trading.
• Alpha Tau Medical Ltd. DRTS fell 8.8% to $3.73 in pre-market trading after dipping over 16% on Friday.
• NexImmune, Inc. NEXI shares fell 8.4% to $0.6596 in pre-market trading after gaining over 6% on Friday.
• Fangdd Network Group Ltd. DUO fell 7.8% to $1.79 in pre-market trading after jumping around 27% on Friday.