Why ORIC Pharmaceuticals Shares Are Trading Higher By Around 46%; Here Are 27 Stocks Moving Premarket

Author: Lisa Levin | December 22, 2022 07:17am

Gainers

• Core Scientific, Inc. (NASDAQ:CORZ) shares rose 77.7% to $0.0906 in pre-market trading. Core Scientific shares dipped 75% on Wednesday after the company filed for Chapter 11 bankruptcy.
• IsoPlexis Corporation (NASDAQ:ISO) rose 59.4% to $1.10 in pre-market trading. Berkeley Lights announced plans to acquire IsoPlexis in all-stock transaction at $57.8 million.
• ORIC Pharmaceuticals, Inc (NASDAQ:ORIC) shares rose 46.3% to $4.39 in pre-market trading after the company reported a clinical development collaboration with Pfizer for ORIC-533 in multiple myeloma and announced a concurrent $25 million equity investment by Pfizer.
• OceanPal Inc. (NASDAQ:OP) rose 26.3% to $2.19 in pre-market trading after dipping 88% on Wednesday.
• Fangdd Network Group Ltd. (NASDAQ:DUO) rose 20.8% to $0.93 in pre-market trading.
• Swvl Holdings Corp. (NASDAQ:SWVL) rose 19.8% to $0.1198 in pre-market trading after dropping 23% on Wednesday.
• Grom Social Enterprises, Inc. (NASDAQ:GROM) rose 15.2% to $1.74 in pre-market trading after jumping 28% on Wednesday.
• MicroAlgo Inc. (NASDAQ:MLGO) shares rose 12.4% to $1.91 in pre-market trading after gaining 6% on Wednesday.
• WeTrade Group, Inc. (NASDAQ:WETG) rose 12.4% to $0.2720 in pre-market trading after dropping 37% on Wednesday.
• DatChat, Inc. (NASDAQ:DATS) rose 11.4% to $0.44 in pre-market trading after gaining 12% on Wednesday.
• GoHealth, Inc. (NASDAQ:GOCO) rose 11.4% to $15.00 in pre-market trading after gaining over 10% on Wednesday.
• Mullen Automotive, Inc. (NASDAQ:MULN) rose 11.2% to $0.2478 in pre-market trading. Mullen Automotive recently announced it received a purchase order from Randy Marion Automotive Group for 6,000 Class 1 EV cargo vans.
• Mobile Global Esports Inc. (NASDAQ:MGAM) rose 9.2% to $0.9999 in pre-market trading after jumping 45% on Wednesday. Mobile Global Esports recently announced a share repurchase program up to $1 million.
• Cenntro Electric Group Limited (NASDAQ:CENN) rose 8.5% to $0.4391 in pre-market trading. Cenntro Electric shares jumped 52% on Wednesday after the company announced it has begun shipments of LS260 and LS100 vans to European markets.
• Grindrod Shipping Holdings Ltd. (NASDAQ:GRIN) rose 7% to $20.97 in pre-market trading.
• Brookfield Asset Management Ltd. (NYSE:BAM) rose 6.3% to $29.98 in pre-market trading. JP Morgan recently initiated coverage on the stock with an Overweight rating and announced a $35 price target.

 

 

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

Losers

• Powerbridge Technologies Co., Ltd. (NASDAQ:PBTS) fell 16% to $0.1054 in pre-market trading after jumping 29% on Wednesday. Powerbridge Technologies recently announced the strategic acquisition of DTI Group.
• Helius Medical Technologies, Inc. (NASDAQ:HSDT) shares fell 14.7% to $0.21 in pre-market trading. Maxim Group recently initiated coverage on the stock with a Buy rating and a $1 price target.
• Galmed Pharmaceuticals Ltd. (NASDAQ:GLMD) fell 8.8% to $0.4202 in pre-market trading after jumping over 40% on Wednesday.
• Lexicon Pharmaceuticals, Inc. (NASDAQ:LXRX) fell 8.4% to $1.74 in pre-market trading after the company reported topline results from Phase 2 proof-of-concept study of LX9211 in postherpetic neuralgia. The company said primary endpoint was not met.
• Venus Concept Inc. (NASDAQ:VERO) fell 7.8% to $0.2748 in pre-market trading. Venus Concept shares jumped 18% on Wednesday after the company received an FDA 510(k) clearance to market its AI.ME next-generation robotic technology for fractional skin resurfacing.
• Opendoor Technologies Inc. (NASDAQ:OPEN) shares fell 7.8% to $1.05 in pre-market trading after dropping around 10% on Wednesday.
• Otonomy, Inc. (NASDAQ:OTIC) shares fell 7.6% to $0.0801 in pre-market trading. Otonomy recently announced plans to liquidate and dissolve following an orderly wind down of operations.
• Avaya Holdings Corp. (NYSE:AVYA) fell 7.4% to $0.2077 in pre-market trading after jumping around 8% on Wednesday.
• Vallon Pharmaceuticals, Inc. (NASDAQ:VLON) fell 7.3% to $0.3101 in pre-market trading. Vallon Pharmaceuticals and GRI Bio recently announced they entered into a merger agreement.
• Artelo Biosciences, Inc. (NASDAQ:ARTL) fell 6.5% to $2.92 in pre-market trading.
• Micron Technology, Inc. (NASDAQ:MU) fell 2.9% to $49.70 in pre-market trading after the company reported downbeat results for its first quarter and issued weak earnings forecast for the second quarter. The company also announced plans to lay off 10% of its workforce next year.

 

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Posted In: ARTL AVYA BAM CENN CORZ DATS DUO GLMD GOCO GRIN GROM HSDT ISO LXRX MGAM MLGO MU MULN OP OPEN