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Why Skechers Shares Are Trading Lower; Here Are 25 Stocks Moving Premarket

Author: Lisa Levin | October 26, 2022 06:18am

Gainers

  • Ensysce Biosciences, Inc. (NASDAQ:ENSC) rose 53.5% to $0.32 in pre-market trading after gaining 13% on Tuesday.
  • Cosmos Holdings Inc. (NASDAQ:COSM) shares rose 22.7% to $0.1071 in pre-market trading. Cosmos Holdings CEO Grigorios Siokas bought a total of 12,500,000 shares at an average price of $0.12.
  • IMAC Holdings, Inc. (NASDAQ:BACK) rose 21.6% to $0.42 in pre-market trading after gaining 5% on Tuesday.
  • Infobird Co., Ltd (NASDAQ:IFBD) shares rose 20% to $1.14 in pre-market trading after declining around 8% on Tuesday.
  • Argo Blockchain plc (NASDAQ:ARBK) rose 11.7% to $2.10 in pre-market trading after jumping 36% on Tuesday.
  • Lizhi Inc. (NASDAQ:LIZI) rose 11.1% to $0.45 in pre-market trading after gaining around 7% on Tuesday.
  • United Maritime Corporation (NASDAQ:USEA) rose 10% to $2.74 in pre-market trading. United Maritime initiated additional $3 million stock buyback plan.
  • Canoo Inc. (NASDAQ:GOEV) shares rose 9.2% to $1.54 in pre-market trading after gaining around 4% on Tuesday.
  • PhaseBio Pharmaceuticals, Inc. (NASDAQ:PHAS) rose 8.8% to $0.1470 in pre-market trading. PhaseBio Pharmaceuticals elected to file a voluntary petition under Chapter 11 of the Bankruptcy Code in the U.S. Bankruptcy Court for the District of Delaware.
  • SharpLink Gaming Ltd. (NASDAQ:SBET) rose 8.8% to $0.74 in pre-market trading after gaining around 7% on Tuesday.
  • Secoo Holding Limited (NASDAQ:SECO) rose 8.4% to $0.3299 in pre-market trading. Aladdin Technology Group, last month, agreed to invest RMB1.3 million in the company.
  • SuperCom Ltd. (NASDAQ:SPCB) shares rose 8.1% to $0.2850 in pre-market trading. SuperCom is expected to report Q3 earnings on Wednesday, October 26, 2022.
  • Quanergy Systems, Inc. (NASDAQ:QNGY) rose 7.8% to $1.37 in pre-market trading.
  • Rumble Inc. (NASDAQ:RUM) rose 6.1% to $9.00 in pre-market trading after jumping over 18% on Tuesday.


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


Losers

  • AcelRx Pharmaceuticals, Inc. (NASDAQ:ACRX) shares fell 89.4% to $0.45 in pre-market trading. AcelRx Pharmaceuticals announced a 20-for-1 reverse stock split effective October 26.
  • Skechers U.S.A., Inc. (NYSE:SKX) fell 13.7% to $31.01 in pre-market trading after the company reported weak earnings and issued guidance below analyst estimates.
  • Vacasa, Inc. (NASDAQ:VCSA) shares fell 8.6% to $3.19 in pre-market trading after gaining 10% on Tuesday.
  • DigitalOcean Holdings, Inc. (NYSE:DOCN) fell 7.3% to $35.50 in pre-market trading. Goldman Sachs recently maintained DigitalOcean with a Sell and lowered the price target from $42 to $34.
  • MongoDB, Inc. (NASDAQ:MDB) fell 6.6% to $187.50 in pre-market trading after gaining around 10% on Tuesday.
  • Datadog, Inc. (NASDAQ:DDOG) fell 6.5% to $82.97 in pre-market trading. Canaccord Genuity recently upgraded the stock from Hold to Buy.
  • Alphabet Inc. (NASDAQ:GOOG) shares fell 6.2% to $98.38 in pre-market trading after the company reported weaker-than-expected earnings results for its third quarter after the closing bell on Tuesday. YouTube and Network revenue were down on a year-over-year basis, bringing overall Google Ad revenue to $54.48 billion, up from last year’s $53.13 billion.
  • Microsoft Corporation (NASDAQ:MSFT) shares fell 6% to $235.60 in pre-market trading. Microsoft posted better-than-expected earnings for its first quarter. Revenue for the Microsoft Cloud segment was $25.7 billion in the first quarter, up 24%% year-over-year.
  • Microvast Holdings, Inc. (NASDAQ:MVST) fell 5.8% to $2.29 in pre-market trading. Microvast is expected to report its consolidated financial results for the third quarter of 2022 on Thursday, November 10, 2022.
  • ServiceNow, Inc. (NYSE:NOW) fell 4.1% to $361.19 in pre-market trading. Analysts at Guggenheim recently upgraded their rating of the stock from Neutral to Buy.
  • Vicor Corporation (NASDAQ:VICR) shares fell 4.1% to $46.61 in pre-market trading after reporting weak Q3 results.

Posted In: ACRX ARBK BACK COSM DDOG DOCN ENSC GOEV GOOG IFBD LIZI MDB MSFT MVST NOW PHAS QNGY RUM SBET SECO


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