Why Green Giant Shares Are Trading Lower By Around 37%; Here Are 20 Stocks Moving Premarket

Author: Avi Kapoor | December 11, 2023 08:59am

Shares of Green Giant Inc. (NASDAQ:GGE) fell sharply in pre-market trading after announcing a proposed public offering.

Green Giant shares dipped 37.1% to $0.1599 in pre-market trading.

Here are some other stocks moving in pre-market trading.

Gainers

• NextPlay Technologies, Inc. (NASDAQ:NXTP) shares rose 62.8% to $0.6841 in pre-market trading. NextPlay Technologies recently received notice from Nasdaq stating that it did not comply with listing rule.
• Onconova Therapeutics, Inc. (NASDAQ:ONTX) shares gained 29.3% to $0.83 in pre-market trading. Onconova Therapeutics' preclinical narazaciclib data at SABCS highlighted differentiated anti-tumor activity v. other CDK4/6i's.
• Macy's, Inc. (NYSE:M) rose 19.1% to $20.71 in pre-market trading. An investor consortium has tabled a $5.8 billion bid to acquire Macy's, in an attempt to privatize the iconic department store chain.
• AcelRx Pharmaceuticals, Inc. (NASDAQ:ACRX) shares rose 17.7% to $0.8576 in pre-market trading after falling more than 4% on Friday.
• NaaS Technology Inc. (NASDAQ:NAAS) gained 14.9% to $2.39 in pre-market trading. NaaS Technology recently announced termination of proposed Charge Amps acquisition.
• Corvus Pharmaceuticals, Inc.(NASDAQ:CRVS) gained 14.6% to $2.20 in pre-market trading. Corvus Pharmaceuticals presented new interim soquelitinib data from its Phase 1/1b T Cell lymphoma trial.
• NuZee, Inc. (NASDAQ:NUZE) shares surged 12.1% to $2.69 in pre-market trading after declining 10% on Friday.
• The Cigna Group (NYSE:CI) shares gained 11.6% to $288.88 in pre-market trading. Cigna has withdrawn from its proposed merger with Humana Inc. (NYSE:HUM).
• Processa Pharmaceuticals, Inc. (NASDAQ:PCSA) shares rose 11.5% to $0.85 in pre-market trading after falling over 5% on Friday.
• JanOne Inc. (NASDAQ:JAN) shares climbed 8.8% to $0.58 in pre-market trading after jumping 14% on Friday.

Losers

• RiskOn International, Inc. (NASDAQ:ROI) shares fell 25.9% to $0.1401 in pre-market trading. RiskOn International recently said Kurt Flygare has been appointed Chief Executive Officer of GuyCare Management, Inc., a subsidiary of GuyCare, Inc.
• Near Intelligence, Inc. (NASDAQ:NIR) shares fell 21.1% to $0.12 in pre-market trading. Near Intelligence filed for Chapter 11 protection and entered into agreement to sell its business.
• iSun, Inc. (NASDAQ:ISUN) shares fell 20.8% to $0.1520 in pre-market trading after declining around 7% on Friday.
• X4 Pharmaceuticals, Inc. (NASDAQ:XFOR) fell 17.6% to $0.7248 in pre-market trading. X4 Pharmaceuticals announced presentation of additional data from mavorixafor Phase 2 trial in chronic neutropenia at ASH 2023.
• Purple Biotech Ltd. (NASDAQ:PPBT) shares fell 17.5% to $0.9160 in pre-market trading.
• Biomea Fusion, Inc. (NASDAQ:BMEA) shares fell 17.2% to $13.99 in pre-market trading. Biomea Fusion announced near doubling the percentage of patients with durable HbA1c reduction in the 200 mg dose cohorts.
• eFFECTOR Therapeutics, Inc. (NASDAQ:EFTR) fell 15.1% to $0.4412 in pre-market trading. eFFECTOR Therapeutics, on Friday, announced new interim data from dose escalation and Phase 2 expansion cohorts of a Phase 1/2 study of zotatifin in patients with estrogen receptor positive (ER+) metastatic breast cancer.
• African Agriculture Holdings Inc. (NASDAQ:AAGR) fell 12.6% to $2.01 in pre-market trading after dipping 49% on Friday.
• Cyngn Inc. (NASDAQ:CYN) fell 9.5% to $0.1918 in pre-market. Cyngn shares fell 47% on Friday after the company announced pricing of a $5 million public offering of common stock.

 

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