Why VCI Global Shares Are Trading Lower By Around 30%; Here Are 20 Stocks Moving Premarket

Author: Avi Kapoor | January 12, 2024 08:52am

Shares of VCI Global Limited (NASDAQ:VCIG) fell sharply in pre-market trading after the company announced pricing of $2.75 million public offering.

VCI Global shares tumbled 29.5% to $1.10 in pre-market trading

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

Gainers

• Volcon, Inc. (NASDAQ:VLCN) shares rose 62.6% to $0.1610 in pre-market trading after gaining over 11% on Thursday.
• Charge Enterprises, Inc. (NASDAQ:CRGE) shares jumped 57% to $0.1281 in pre-market trading after falling 9% on Thursday.
• Flexsteel Industries, Inc. (NASDAQ:FLXS) gained 26.8% to $22.87 in pre-market trading after the company reported strong preliminary results for the second quarter. The company said it sees preliminary earnings of 57 cents per share, versus analysts’ estimates of 27 cents per share. The company sees revenue of $100.1 million versus expectations of $96.77 million. Flexsteel Industries also issued financial guidance for the remainder of fiscal year 2024 and fiscal year 2025.
• Atreca, Inc. (NASDAQ:BCEL) shares gained 22.7% to $0.2890 in pre-market trading after jumping 118% on Thursday. Atreca, last month, announced the sale of a collection of antibody-related assets and materials to Immunome consisting of a $5.5 million upfront payment and up to $7.0 million in clinical development milestones.
• Remark Holdings, Inc. (NASDAQ:MARK) surged 21.8% to $0.5406 in pre-market trading.
• Spectral AI, Inc. (NASDAQ:MDAI) shares rose 19.6% to $3.05 in pre-market trading. Spectral AI started enrollment in pivotal study to validate DeepView AI for burn injuries.
• Hyperfine, Inc. (NASDAQ:HYPR) shares climbed 16.6% to $1.19 in pre-market trading after falling more than 5% on Thursday.
• YanGuFang International Group Co., Ltd. (NASDAQ:YGF) gained 15.8% to $1.54 in pre-market trading after falling over 26% on Thursday. YanGuFang International named Ya Zhang AS Interim CEO and Yang Sui as Interim CFO, effective as of Jan. 9, 2024.
• CN Energy Group. Inc. (NASDAQ:CNEY) gained 12.7% to $0.0570 in pre-market trading after falling around 5% on Thursday.
• Aeries Technology, Inc (NASDAQ:AERT) surged 12.6% to $2.89 in pre-market trading. Aeries Technology reported restatement of previously issued financial statements.

Losers

• SEALSQ Corp (NASDAQ:LAES) shares fell 23.5% to $2.42 in pre-market trading after jumping 62% on Thursday. SEALSQ announced closing of the second $10.0 million tranche of convertible notes and warrants private placement.
• MAIA Biotechnology, Inc. (NASDAQ:MAIA) shares declined 21.3% to $1.11 in pre-market trading.
• VivoPower International PLC (NASDAQ:VVPR) shares fell 19.4% to $1.77 in pre-market trading. VivoPower International shares gained over 5% on Thursday after the company's Tembo subsidiary met milestones to obtain a further follow-on equity investment.
• Future FinTech Group Inc. (NASDAQ:FTFT) fell 17.7% to $1.06 in pre-market trading. The SEC charged Future FinTech CEO with fraud and disclosure failures.
• Evoke Pharma, Inc. (NASDAQ:EVOK) shares fell 16.4% to $0.7115 in pre-market trading after declining around 10% on Thursday.
• E-Home Household Service Holdings Limited (NASDAQ:EJH) fell 13.4% to $0.77 in pre-market trading after jumping around 70% on Thursday.
• Bit Brother Limited (NASDAQ:BETS) shares declined 10.5% to $4.67 in pre-market trading after dipping over 20% on Thursday.
• Grifols, S.A. (NASDAQ:GRFS) shares fell 9.9% to $7.17 in pre-market trading after declining around 14% on Thursday.
• WISeKey International Holding AG (NASDAQ:WKEY) fell 8.2% to $2.69 in pre-market trading after jumping over 30% on Thursday.

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