Why US Steel Shares Are Trading Higher By 23%; Here Are 20 Stocks Moving Premarket

Author: Lisa Levin | August 14, 2023 08:24am

Gainers

• AGBA Group Holding Limited (NASDAQ:AGBA) shares surged 49.4% to $1.31 in pre-market trading after the company reported a 325% year-over-year growth in its second-quarter revenue.
• AMC Entertainment Hldg Pref Equity Units (NYSE:APE) rose 29.8% to $2.31 in pre-market trading after AMC gained court approval for its revised stock conversion plan.
• Proterra Inc. (NASDAQ:PTRA) shares gained 25.2% to $0.1483 in pre-market trading on continued volatility after the company announced it filed for Chapter 11 bankruptcy.
• United States Steel Corporation (NYSE:X) shares rose 23% to $27.95 in pre-market trading. United States Steel late Sunday rejected a buyout offer from rival steel manufacturer Cleveland-Cliffs Inc. (NYSE:CLF) but welcomed the latter to participate in a formal review process.
• Mainz Biomed N.V. (NASDAQ:MYNZ) shares gained 19% to $3.95 in pre-market trading after falling 6% on Friday.
• VCI Global Limited (NASDAQ:VCIG) rose 18.1% to $3.92 in pre-market trading after gaining 23% on Friday.
• Amyris, Inc. (NASDAQ:AMRS) gained 16.2% to $0.1591 in pre-market trading after jumping around 108% on Friday. The company recently filed for Chapter 11 bankruptcy.
• Eloxx Pharmaceuticals, Inc. (NASDAQ:ELOX) shares climbed 14.4% to $5.44 in pre-market trading after falling 13% on Friday.
• Genius Group Limited (NYSE:GNS) shares rose 13.5% to $1.35 in pre-market trading after jumping 46% on Friday.
• CURO Group Holdings Corp. (NYSE:CURO) gained 8.6% to $1.52 in pre-market trading after the company reported an agreement with Toronto, Ontario-based payment technology company DirectPay to further enhance CURO’s consumer loan repayment capabilities.

Losers

• AMC Entertainment Holdings Inc (NYSE:AMC) fell 26.8% to $3.85 in pre-market trading after a crucial court ruling for the movie theater chain.
• Phoenix Motor Inc. (NASDAQ:PEV) shares fell 25.1% to $0.4720 in pre-market trading. Phoenix Motor is expected to release its second quarter financial results on Aug. 15, 2023.
• Bridgeline Digital, Inc. (NASDAQ:BLIN) shares fell 19.8% to $0.89 in pre-market trading after posting a loss for the third quarter.
• Airspan Networks Holdings Inc. (NASDAQ:MIMO) fell 19.1% to $0.2282 in pre-market trading after gaining 83% on Friday. The company announced the closing of its Mimosa sale to Reliance Jio and financing transactions.
• Aurora Acquisition Corp. (NASDAQ:AURC) fell 16.7% to $29.87 in pre-market trading. Aurora Acquisition Co announced that Aurora’s shareholders voted to approve the proposed business combination with Better and each related proposal at an extraordinary general meeting of Aurora’s shareholders.
• MSP Recovery, Inc. (NASDAQ:LIFW) fell 16.6% to $0.1001 in pre-market trading after declining 18% on Friday.
• Xiao-I Corporation (NASDAQ:AIXI) shares fell 15.6% to $6.00 in pre-market trading after declining around 12% on Friday.
• Mogo Inc. (NASDAQ:MOGO) fell 15.5% to $1.75 in pre-market trading after jumping 173% on Friday. Mogo recently announced a 3:1 share consolidation.
• Nikola Corporation (NASDAQ:NKLA) fell 14.9% to $1.66 in pre-market. In response to a recent fire probe revealing the cause of fires, Nikola decided to halt sales and voluntarily recall 209 Class 8 battery-electric trucks.
• Yellow Corporation (NASDAQ:YELL) fell 11.8% to $1.64 in pre-market trading after declining around 5% on Friday.

 

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Posted In: AGBA AIXI AMC AMRS APE AURC BLIN CLF CURO ELOX GNS LIFW MIMO MOGO MYNZ NKLA PEV PTRA VCIG X