Why Flora Growth Shares Are Trading Lower By Around 20%; Here Are 20 Stocks Moving Premarket

Shares of Flora Growth Corp. FLGC fell sharply in today’s pre-market trading after the company reported the launch of proposed underwritten public offering of common shares.

Flora Growth shares tumbled 20.2% to $2.13 in pre-market trading.

Here are some other stocks moving in pre-market trading.

Gainers

• HWH International Inc. HWH rose 175% to $4.32 in pre-market trading.
• Zhongchao Inc. ZCMD gained 43% to $2.18 in pre-market trading after gaining 22% on Wednesday.
• Brooge Energy Limited BROG gained 26.4% to $2.39 in pre-market trading after dipping over 20% on Wednesday.
• Sintx Technologies, Inc. SINT shares rose 23.5% to $0.0284 in pre-market trading. SiNtx Technologies shares fell around 45% on Wednesday after the company announced pricing of a $1.5 million public offering of common stock.
• Addex Therapeutics Ltd ADXN shares rose 15.1% to $17.84 in pre-market trading. Addex Therapeutics shares gained 18% on Wednesday after the company and funds affiliated with Perceptive Advisors announced the launch of Neurosterix..
• Destiny Tech100 Inc. DXYZ shares gained 14.5% to $30.95 in pre-market trading after jumping 27% on Wednesday.
• SRM Entertainment, Inc. SRM climbed 12.5% to $1.80 in pre-market trading.
• Eiger BioPharmaceuticals, Inc. EIGR gained 12.1% to $1.85 in pre-market trading. Eiger Biopharmaceuticals said on April 2, it received a notice from the Nasdaq that the company’s common stock will be delisted from Nasdaq.
• Simulations Plus, Inc. SLP rose 8.9% to $41.88 in pre-market trading after the company posted better-than-expected results for its second quarter.
• Levi Strauss & Co. LEVI shares rose 7.9% to $20.13 in pre-market trading after the company reported upbeat earnings for its first quarter and boosted its 2024 earnings guidance.

Losers

• Casa Systems, Inc. CASA declined 20.8% to $0.0435 in pre-market trading. Casa Systems said the company and some units entered into asset purchase agreement with Lumine providing for sale and purchase of debtors' Cloud/Ran APA assets.
• Reliance Global Group, Inc. RELI fell 14.2% to $0.3165 in pre-market trading. Reliance Global Group is expected to report fourth-quarter results on April 4, 2024.
• XTI Aerospace, Inc. XTIA fell 13.5% to $3.97 in pre-market trading after gaining 31% on Wednesday.
• LAMF Global Ventures Corp. I LGVC shares tumbled 10% to $10.00 in pre-market trading. LAMF Global Ventures Corp. I shares gained 3% on Wednesday after the company announced shareholders approved the previously announced business combination with Nuvo.
• ARCA biopharma, Inc. ABIO fell 9.2% to $2.95 pre-market trading. ARCA Biopharma shares jumped 90% on Wednesday after the company and Oruka Therapeutics announced a merger agreement.
• OneMedNet Corporation ONMD shares fell 9.1% to $0.9632 in pre-market trading. OneMedNet shares jumped 34% on Wednesday after the company completed a securities purchase agreement to provide up to $4.54 million in funding.
• Traws Pharma Inc TRAW fell 9% to $0.78 in pre-market trading after declining around 14% on Wednesday.
• VivoPower International PLC VVPR fell 8.3% to $5.88 pre-market trading. VivoPower shares surged around 9% on Wednesday after the company declared a capital management strategy including a stock buyback program of up to $5 million.
• MSP Recovery, Inc. LIFW fell 7.5% to $0.9989 in pre-market trading after jumping over 18% on Wednesday.

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