Why DatChat Shares Are Trading Lower By Around 33%; Here Are 20 Stocks Moving Premarket

Author: Avi Kapoor | January 17, 2024 09:18am

Shares of DatChat, Inc. (NASDAQ:DATS) fell sharply in pre-market trading after announcing a proposed underwritten public offering of common stock.

DatChat shares dipped 33.1% to $2.13 in pre-market trading

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

Gainers

• RiskOn International, Inc. (NASDAQ:ROI) shares rose 51.3% to $0.2250 in pre-market trading.
• Meta Materials Inc. (NASDAQ:MMAT) shares jumped 33.2% to $0.0966 in pre-market trading after surging over 20% on Tuesday.
• LQR House Inc. (NASDAQ:LQR) gained 25.2% to $2.53 in pre-market trading after dipping 45% on Tuesday. LQR House announced an increase of its share buyback program to $5 million.
• Kintara Therapeutics, Inc. (NASDAQ:KTRA) shares climbed 19.3% to $0.1514 in pre-market trading after falling more than 9% on Tuesday.
• Zapp Electric Vehicles Group Limited (NASDAQ:ZAPP) shares gained 15.7% to $0.2950 in pre-market trading after dipping 13% on Tuesday.
• Solid Power, Inc. (NASDAQ:SLDP) gained 15.1% to $1.37 in pre-market trading. Solid Power deepened its partnership with SK On with three new agreements.
• Salarius Pharmaceuticals, Inc. (NASDAQ:SLRX) surged 10.7% to $0.6599 in pre-market trading. Salarius Pharmaceuticals said that the U.S. Patent and Trademark Office has issued U.S. Patent No. 11,773,080, titled “Deuterium-enriched isoindolinonyl-azepanediones and related compounds and methods of treating medical disorders using same.”
• Estrella Immunopharma, Inc. (NASDAQ:ESLA) gained 9.4% to $1.40 in pre-market trading after gaining around 4% on Tuesday.
• Ocean Biomedical, Inc. (NASDAQ:OCEA) surged 9.3% to $0.63 in pre-market trading after dipping over 8% on Tuesday.
• Natera, Inc. (NASDAQ:NTRA) gained 8.3% to $68.10 in pre-market trading. Natera announced that jury in US District Court for W. District of Texas ruled in patent infringement lawsuit brought by Ravgen, awarding $57 million in damages, below the $410 million sought.

Losers

• Phunware, Inc. (NASDAQ:PHUN) shares fell 58.7% to $0.1735 in pre-market trading. Phunware announced pricing of $7.0 million registered direct offering priced at-the-market under Nasdaq rules.
• Remark Holdings, Inc. (NASDAQ:MARK) shares fell 21.4% to $0.5324 in pre-market trading after jumping around 48% on Tuesday.
• MyMD Pharmaceuticals, Inc. (NASDAQ:MYMD) shares fell 12.4% to $0.1779 in pre-market trading. MyMD Pharmaceuticals has been granted Canadian patent number 3013634 Titled "Methods Of Increasing Hair Growth and Improving Hair Appearance."
• Elevai Labs, Inc. (NASDAQ:ELAB) fell 12.4% to $1.21 in pre-market trading. ELEVAI Labs shares fell around 19% on Tuesday after the company announced it signed an exclusive, worldwide manufacturing and processing technology licensing agreement with INmune Bio.
• Verb Technology Company, Inc. (NASDAQ:VERB) shares declined 10.7% to $0.1160 in pre-market trading after gaining around 3% on Tuesday.
• Adagene Inc. (NASDAQ:ADAG) shares fell 10.3% to $3.38 in pre-market trading after the company announced interim results from masked anti-CTLA-4 SAFEbody ADG126 in combination with pembrolizumab in metastatic microsatellite-stable colorectal cancer.
• Salem Media Group, Inc. (NASDAQ:SALM) fell 9.7% to $0.30 in pre-market trading. Salem Media, last month, announced it will voluntarily delist from the Nasdaq Global Market.
• Rail Vision Ltd. (NASDAQ:RVSN) fell 7.7% to $1.55 in pre-market trading after gaining over 20% on Tuesday.
• CBL International Limited (NASDAQ:BANL) fell 7.4% to $1.40 in pre-market trading after gaining around 12% on Tuesday.

Now Read This: U.S. Bancorp, Charles Schwab And 3 Stocks To Watch Heading Into Wednesday

Posted In: ADAG BANL DATS ELAB ESLA KTRA LQR MARK MMAT MYMD NTRA OCEA PHUN ROI RVSN SALM SLDP SLRX VERB ZAPP