Why Autolus Therapeutics Shares Are Trading Lower By Around 26%; Here Are 28 Stocks Moving Premarket

Author: Lisa Levin | December 09, 2022 08:33am

Gainers

• Baudax Bio, Inc. (NASDAQ:BXRX) shares rose 48.2% to $6.03 in pre-market trading after jumping over 20% on Thursday. Baudax Bio initiated Phase II clinical trial evaluating BX1000 in patients undergoing surgery.
• NeuroBo Pharmaceuticals, Inc. (NASDAQ:NRBO) shares rose 40.4% to $2.43 in pre-market trading after gaining 25% on Thursday. Ladenburg Thalmann recently initiated coverage on NeuroBo Pharmaceuticals with a Buy rating and announced a price target of $6.
• Powerbridge Technologies Co., Ltd. (NASDAQ:PBTS) rose 35.1% to $0.1532 in pre-market trading. Powerbridge Technologies, last month, announced the strategic acquisition of DTI Group.
• Marin Software Incorporated (NASDAQ:MRIN) shares rose 31% to $1.48 in pre-market trading. Marin Software joined the Walmart Platform Partner program as an API partner.
• China SXT Pharmaceuticals, Inc. (NASDAQ:SXTC) rose 20.4% to $0.5799 in pre-market trading after dropping 13% on Thursday.
• Fujian Blue Hat Interactive Entertainment Technology Ltd. (NASDAQ:BHAT) rose 17.2% to $0.75 in pre-market trading. Blue Hat recently announced the completion of the acquisition of Shengruihao Technology.
• Sonim Technologies, Inc. (NASDAQ:SONM) rose 16.7% to $0.5950 in pre-market trading after gaining over 5% on Thursday. Sonim Technologies announced the availability of the XP10 in Canada.
• Rockley Photonics Holdings Limited (NYSE:RKLY) rose 13.3% to $0.3220 in pre-market trading after jumping 18% on Thursday. Rockley Photonics, last month, reported worse-than-expected Q3 sales results and issued 2022 revenue guidance below estimates.
• Wearable Devices Ltd. (NASDAQ:WLDS) rose 12.2% to $0.7349 in pre-market trading after gaining around 8% on Thursday.
• DocuSign, Inc. (NASDAQ:DOCU) rose 12.1% to $49.05 in pre-market trading after the company reported better-than-expected financial results for its third quarter and issued strong guidance. Piper Sandler upgraded the stock from Underweight to Neutral and lowered the price target from $54 to $50.
• Bitfarms Ltd. (NASDAQ:BITF) rose 11.8% to $0.57 in pre-market trading after gaining around 5% on Thursday.
• Reborn Coffee, Inc. (NASDAQ:REBN) rose 11.7% to $0.9999 in pre-market trading. Reborn Coffee signed a Letter of Intent to acquire a specialty coffee shop and a roasting research and development facility in Daejeon, South Korea as a part of its global expansion plan.
• Zhihu Inc. (NYSE:ZH) rose 9.9% to $1.45 in pre-market trading. Zhihu recently reported better-than-expected Q3 EPS and sales results.
• Remark Holdings, Inc. (NASDAQ:MARK) rose 8% to $0.23 in pre-market trading. Remark Holdings, last month, posted a Q3 loss of $0.08 per share.
• Korea Electric Power Corporation (NYSE:KEP) rose 7.2% to $7.94 in pre-market trading.
• Zai Lab Limited (NASDAQ:ZLAB) rose 5.1% to $37.00 in pre-market trading after gaining around 7% on Thursday.
• Broadcom Inc. (NASDAQ:AVGO) gained 4% to $552.46 in pre-market trading as the company reported better-than-expected results for its fourth quarter and issued strong sales forecast for the current quarter. Broadcom also raised the quarterly dividend by 12% to $4.60 per share.

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

Losers

• Autolus Therapeutics plc (NASDAQ:AUTL) fell 26.1% to $2.21 in pre-market trading after the company reported the pricing of its previously announced underwritten public offering in the United States.
• Argo Blockchain plc (NASDAQ:ARBK) fell 14.2% to $0.59 in pre-market trading after the company issued November operational update.
• KWESST Micro Systems Inc. (NASDAQ:KWE) shares fell 14.6% to $3.10 in pre-market trading after jumping around 15% on Thursday.
• Pharvaris N.V. (NASDAQ:PHVS) shares fell 13.3% to $9.93 in pre-market trading. Pharvaris shares jumped 339% on Thursday after the company reported top-line Phase 2 data from the RAPIDe-1 study of PHVS416 for the on-demand treatment of HAE attacks.
• Bit Brother Limited (NASDAQ:BTB) shares fell 9.7% to $0.37 in pre-market trading after dipping over 12% on Thursday.
• COMSovereign Holding Corp. (NASDAQ:COMS) fell 9.1% to $0.0847 in pre-market trading after declining around 10% on Thursday.
• Sono Group N.V. (NASDAQ:SEV) fell 9% to $1.01 in pre-market trading. Sono Group shares dropped 5% on Thursday after the company reported worse-than-expected Q3 EPS results.
• Rent the Runway, Inc. (NASDAQ:RENT) fell 8.1% to $2.18 in pre-market trading. Rent The Runway shares jumped 74% on Thursday after the company reported better-than-expected Q3 sales results.
• TransCode Therapeutics, Inc. (NASDAQ:RNAZ) shares fell 7.3% to $0.6771 in pre-market trading after declining over 25% on Thursday. TransCode Therapeutics recently announced withdrawal of the Registration Statement on Form S-1 filed on November 28, 2022 for a share offering for up to 12.5 million.
• Lululemon Athletica Inc. (NASDAQ:LULU) fell 7.1% to $348.01 in pre-market trading. Lululemon posted upbeat results for its third quarter, but issued weak holiday-quarter guidance.
• Carvana Co. (NYSE:CVNA) fell 5.2% to $4.70 in pre-market trading after climbing around 30% on Thursday.

Posted In: ARBK AUTL AVGO BHAT BITF BTB BXRX COMS CVNA DOCU KEP KWE LULU MARK MRIN NRBO PBTS PHVS REBN RENT