Good morning, investor! We’re starting off Tuesday with a breakdown of the biggest pre-market stock movers!
News from the FDA, earnings reports, Omicron concerns, and more are behind today’s early morning stock movement.
Let’s dive into that news below!
Pre-Market Stock Movers: 10 Top Gainers
- Cumberland (NASDAQ:CPIX) stock is rocketing more than 87% after getting approval from the FDA for expanded labeling of Caldolor.
- Erytech Pharma (NASDAQ:ERYP) shares are soaring over 46% after being granted a patent for treating solid tumors with methioninase and asparaginase.
- Pioneer Power Solutions (NASDAQ:PPSI) stock is gaining more than 39% thanks to a short squeeze from retail traders.
- Immunogen (NASDAQ:IMGN) shares are rising over 39% with the release of positive data from a clinical trial.
- Athersys (NASDAQ:ATHX) stock is increasing more than 27% following the release of data from a recent clinical trial.
- Allied Healthcare (NASDAQ:AHPI) shares are sitting 26% higher in what could be a rally on recent Covid-19 Omicron news.
- Vir Biotechnology (NASDAQ:VIR) stock is climbing over 16% as it continues to rally on coronavirus news.
- IO Biotech (NASDAQ:IOBT) shares are getting a more than 14% boost after getting two new ratings from analysts today.
- Quhuo (NASDAQ:QH) stock is jumping over 12% as it recovers from a fall yesterday with the release of its Q3 earnings report.
- Molecular Partners (NASDAQ:MOLN) shares are up more than 12% after announcing its ensovibep is effective against the Omicron variant.
10 Top Losers
- Biophytis (NASDAQ:BPTS) stock is plummeting over 26% after shares rallied higher on Monday.
- Array Technologies (NASDAQ:ARRY) shares are diving more than 10% after announcing a proposed private offering of $325 million in convertible senior notes.
- ProShares Ultra Bloomberg Natural Gas (NYSEARCA:BOIL) stock is taking an over 10% beating in pre-market trading today.
- Avenue Therapeutics (NASDAQ:ATXI) shares are falling 10% after a rally yesterday on FDA news.
- Palatin Technologies (NYSEAMERICAN:PTN) stock is pulling back more than 9% as shares drop after a price target boost last week.
- cbdMD (NYSEAMERICAN:YCBD) shares are retreating over 9% after a deal sent them higher on Monday.
- Micro Focus International (NYSE:MFGP) stock is dropping roughly 9% as it continues recent negative movement.
- JinkoSolar Holding Co (NYSE:JKS) shares are decreasing close to 9% with the release of its most recent earnings report.
- Lizhi (NASDAQ:LIZI) stock is slipping more than 8% after releasing its Q3 2021 earnings report.
- BioNTech (NASDAQ:BNTX) shares close out our pre-market stock movers down over 7% after gaining yesterday on Omicron variant news.
Original Post Can be Found Here