35 Stocks Moving in Wednesday's Pre-Market Session

Gainers

• KemPharm, Inc. KMPH shares rose 103.6% to $19.20 in pre-market trading after the FDA approved the company’s market application for Azstarys (formerly referred to as KP415), a once-daily product for the treatment of attention deficit hyperactivity disorder (ADHD) in patients age six years and older.
• Genetic Technologies Limited GENE rose 29.7% to $5.72 in pre-market trading after the company reported a Co-exclusive production and distribution rights and license agreement with Infinity BiologiX LLC for its COVID-19 serious disease risk test in the U.S..
• Maravai LifeSciences Holdings, Inc. MRVI shares rose 24.1% to $43.50 in pre-market trading after the company reported better-than-expected Q4 results and issued strong FY21 guidance.
• UWM Holdings Corporation UWMC rose 23.3% to $11.26 in pre-market trading after jumping around 20% on Tuesday.
• The9 Limited NCTY rose 21.6% to $53.90 in pre-market trading following an increase in Bitcoin prices.
• Canaan Inc. CAN rose 19.4% to $25.47 in pre-market trading amid rise in Bitcoin prices.
• SOS Limited SOS rose 18.2% to $8.04 in pre-market trading. SOS recently issued a press release responding to "misleading 'short and distort' allegations."
• Micro Focus International plc MFGP rose 18.2% to $7.16 in pre-market trading after the company announced plans to collaborate with Amazon.com Inc's cloud computing division.
• Horizon Acquisition Corporation II HZON rose 17.5% to $11.90 in pre-market trading. Sportradar is reportedly in discussions to go public through a deal with Horizon Acquisition Corp. II.
• Aquestive Therapeutics, Inc. AQST shares rose 17.3% to $5.84 in pre-market trading after declining around 6% on Tuesday.
• AirNet Technology Inc. ANTE rose 15.5% to $4.39 in pre-market trading after dropping 10% on Tuesday.
• Big 5 Sporting Goods Corporation BGFV rose 14.7% to $16.89 in pre-market trading after the company reported better-than-expected Q4 results. The company also raised its quarterly dividend.
• Bit Digital, Inc. BTBT rose 14.4% to $17.90 in pre-market trading. Bit Digital, on Monday, announced Bitcoin mining production of 424.7 Bitcoin for January 2021.
• Riot Blockchain, Inc. RIOT rose 13.5% to $55.79 in pre-market trading following an increase in Bitcoin prices.
• Sino-Global Shipping America, Ltd. SINO rose 13% to $6.10 in pre-market trading. Sino-Global Shipping, on Monday, said it will now accept Bitcoin as a form of payment.
• Marathon Digital Holdings, Inc. MARA rose 12.5% to $39.26 in pre-market trading amid higher Bitcoin prices.
• IRIDEX Corporation IRIX rose 12.3% to $7.74 in pre-market trading after the company announced a strategic collaboration with Topcon Corporation. The transaction provides $19.5 million cash to Iridex.
• RAVE Restaurant Group, Inc. RAVE rose 11.5% to $1.35 in pre-market trading after declining 4% on Tuesday.
• Diginex Limited EQOS shares rose 8.9% to $13.50 in pre-market trading.
• Ambarella, Inc. AMBA rose 8.5% to $123.21 in pre-market trading after the company reported better-than-expected Q4 results and issued strong Q1 sales guidance.
• Super League Gaming, Inc. SLGG rose 8.5% to $4.35 in pre-market trading after jumping over 20% on Tuesday.
• Lyft, Inc. LYFT rose 4.5% to $59.58 in pre-market trading after the company reported average daily rideshare rides in February were up 4% month over month.

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Check out these big penny stock gainers and losers

Losers

• PLx Pharma Inc. PLXP fell 13.4% to $7.92 in pre-market trading after the company reported a proposed public offering of common stock.
• Great Elm Group, Inc. GEG fell 11.3% to $3.48 in pre-market trading after surging over 13% on Tuesday. Great Elm Group, reported that Focus Respiratory, LLC, a subsidiary of Great Elm Healthcare, LLC, acquired Advanced Medical DME, LLC and PM Sleep Lab, LLC.
• Luokung Technology Corp. LKCO shares fell 11.4% to $1.08 in pre-market trading after dropping 20% on Tuesday.
• Communications Systems, Inc. JCS fell 11.1% to $6.44 in pre-market trading. Communications Systems jumped over 35% on Tuesday after the company reported an agreement to merge with Pineapple Energy, LLC.
• Magnolia Oil & Gas Corporation. MGY fell 10.2% to $10.64 in pre-market trading after the company reported a 17 million share common stock offering.
• Arena Pharmaceuticals, Inc. ARNA fell 8.9% to $70.00 in pre-market trading after the company reported topline results from its Phase 2b CAPTIVE trial showed it did not meet its primary endpoint.
• NanoViricides, Inc. NNVC fell 8.4% to $6.09 in pre-market trading. Nanoviricides shares jumped over 57% on Tuesday after the company reported on the "strong pan-coronavirus effectiveness" of its two COVID-19 clinical drug candidates for which the Company is preparing a pre-IND application.
• Stratasys Ltd. SSYS fell 6.5% to $30.18 in pre-market trading after the company reported a $200 million common stock offering.
• Avalon GloboCare Corp. AVCO fell 6.5% to $1.15 in pre-market trading.
• fuboTV Inc. FUBO fell 5% to $39.84 in pre-market trading after the company reported full-year fiscal earnings and updated investors on its plans to launch sports betting.
• Ross Stores, Inc. ROST fell 4.8% to $111.99 in pre-market trading. Apollo Ross Stores reported weaker-than-expected results for its fourth quarter and issued weak earnings guidance for the current quarter.
• B&G Foods, Inc. BGS fell 4.5% to $29.03 in pre-market trading after the company reported worse-than-expected Q4 results.
• Fiverr International Ltd. FVRR fell 3.5% to $269.80 in pre-market trading after the company announced it launched a follow-on offering of $700 million of ordinary shares.