Why Crinetics Pharmaceuticals Shares Are Trading Higher By 99%; Here Are 20 Stocks Moving Premarket - Riv

Shares of Crinetics Pharmaceuticals Inc (NASDAQ:CRNX) rose sharply in pre-market trading after the company announced it will be acquired by Vertex Pharmaceuticals (NASDAQ:VRTX).

Crinetics and Vertex have entered into a definitive agreement under which Vertex will acquire Crinetics for $85 per share in cash, representing a total equity value of approximately $10 billion.

Crinetics Pharmaceuticals shares jumped 99.1% to $83.67 in pre-market trading.

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

Gainers

Trident Digital Tech Holdings Ltd (NASDAQ:TDTH) rose 63.2% to $2.97 in pre-market trading. Trident Digital Tech Holdings shares jumped around 16% on Monday after the company announced that its Founder, Chairman and Chief Executive Officer, Soon Huat Lim, will convert approximately $8 million of outstanding founder indebtedness into restricted Class B equity..
Dreamland Ltd (NASDAQ:TDIC) rose 58.3% to $5.68 in pre-market trading after dipping more than 25% on Monday.
Bluejay Diagnostics Inc (NASDAQ:BJDX) gained 35.3% to $1.57 in pre-market trading.
Pop Culture Group Co Ltd (NASDAQ:CPOP) gained 35.1% to $0.12 in pre-market trading after adding 9% on Monday.
Everbright Digital Holding Ltd (NASDAQ:EDHL) gained 30.1% to $5.15 in pre-market trading.
Vicore Pharma Holding AB (NASDAQ:VCRE) jumped 22.5% to $19.90 in pre-market trading after gaining 9% on Monday.
VCI Global Ltd (NASDAQ:VCIG) gained 9.7% to $2.33 in pre-market trading after dipping around 9% on Monday.
Workhorse Group Inc (NASDAQ:WKHS) rose 9.6% to $3.07 in pre-market trading after rising around 5% on Monday.
Fiserv Inc (NASDAQ:FISV) gained 6.9% to $55.34 in pre-market trading after a Reuters report said the payments technology company is exploring the sale of its STAR debit card network.

Losers

(NASDAQ:

LHSW

Splash Beverage Group Inc (NYSE:SBEV) fell 31.7% to $0.14 in pre-market trading. Splash Beverage Group shares jumped over 42% on Monday after the company announced that it has entered into an exclusive global licensing agreement with Argent BioPharma Limited for CannEpil.
Zhongchao Inc (NASDAQ:ZCMD) fell 22.3% to $1.74 in pre-market trading after jumping 102% on Monday.
UTime Ltd (NASDAQ:FXHO) shares dipped 21.4% to $15.36 in pre-market trading after surging 172% on Monday.
LogProstyle Inc (NYSE:LGPS) fell 20.5% to $0.77 in pre-market trading. LogProstyle said it will release its financial results for the full fiscal year ended March 31, 2026 on July 13.
INLIF Ltd (NASDAQ:INLF) fell 20.2% to $5.09 in pre-market trading after gaining around 48% on Monday.
FST Ltd (NASDAQ:KBSX) declined 20.2% to $0.77 in pre-market trading.
Rivian Automotive Inc (NASDAQ:RIVN) fell 7.3% to $18.68 in pre-market trading after the company announced an underwritten public offering of up to 75 million shares of common stock.
United Microelectronics Corp (NYSE:UMC) fell 6.4% to $24.18 in pre-market trading. United Microelectronics shares gained 5% on Monday after the company reported a year-over-year increase in June sales results.
ASE Technology Holding Co Ltd (NYSE:ASX) fell 6.1% to $40.70 in pre-market trading after gaining around 5% on Monday.