Presto Automation- Co, Stanley Mbugua, Agreed Mbugua Would Step Down From Role As Cfo

We have all of the biggest pre-market stock movers that traders are going to want to read about on Tuesday!

Moving stocks this morning are ongoing market volatility, earnings reports and more.

Let’s get into that news below!

Biggest Pre-Market Stock Movers: 10 Top Gainers

• Lytus Technologies stock is rocketing more than 100% alongside heavy pre-market trading.
• VBI Vaccines shares are soaring over 72% after a bankruptcy filing last week.
• Lumen Technologies stock is surging more than 47% after announcing a $5 billion artificial intelligence (AI) deal.
• Presto Automation shares are gaining over 32% with strong early morning trading today.
• Agape ATP stock is increasing more than 31% with heavy early morning trading.
• Portage Biotech shares are rising over 29% without any clear news this morning.
• AgriFORCE Growing Systems stock is climbing more than 21% on plans to regain listing compliance.
• SMX (Security Matters) S shares are heading 20% higher as it rebounds from a fall yesterday.
• RxSight stock is jumping over 18% after beating Q2 estimates and increasing its guidance.
• Beyond Air shares are up more than 17% despite a lack of news this morning.

10 Top Losers

• SunPower stock is plummeting over 28% after filing for bankruptcy.
• Aqua Metals shares are diving more than 23% with the release of its Q2 earnings report.
• CervoMed stock is tumbling over 20% following a rally yesterday.
• Helport AI H shares are taking a more than 19% beating after recently going public.
• Chegg stock is sliding over 18% after reporting a Q2 loss.
• Notable Labs shares are decreasing more than 18% without any clear news.
• Upexi stock is falling over 15% after announcing restructuring plans.
• ZoomInfo Technologies shares are dropping more than 15% on a weak guidance.
• EpicQuest Education stock is dipping over 15% despite a lack of obvious news this morning.
• Jumia Technologies shares close out our pre-market stock movers down 15% ahead of its Q2 earnings report.

On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.

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Pre-market stock movers are worth diving into this morning as we break down all of the biggest news sending shares higher and lower on Tuesday!

Moving stocks this morning are a bankruptcy filing, earnings reports, new deals and more.

Let’s get into that news below!

Biggest Pre-Market Stock Movers: 10 Top Gainers

• Chicken Soup for the Soul Entertainment stock is rocketing more than 222% after falling yesterday on a bankruptcy filing.
• Chicken Soup for the Soul Entertainment, Inc. – 9.50% Notes due 2025 are soaring close to 82% after yesterday’s drop.
• Roadzen shares are surging over 60% alongside its first public year-end earnings.
• IMAC stock is gaining more than 37% without any clear news this morning.
• Versus Systems shares are rising over 31% after naming an interim CEO.
• Zapp Electric Vehicles Z stock is increasing 30% despite a lack of news this morning.
• Chicken Soup for the Soul shares are climbing more than 19% with its bankruptcy filing.
• Ocean Power Technologies stock is heading over 16% higher alongside heavy pre-market trading.
• US Energy shares are jumping more than 14% on a new acquisition deal.
• VS Media V stock is up over 14% this morning.

10 Top Losers

• Conn’s stock is plummeting nearly 35% despite a lack of news this morning.
• Nukkleus shares are diving almost 15% without any apparent news today.
• Applied DNA Sciences stock is tumbling close to 12% without any news to note.
• Senti Biosciences shares are taking a more than 11% beating after a cancer funding rally yesterday.
• Datasea stock is sliding close to 11% after rallying yesterday on sales agreements.
• Presto Automation shares are falling over 10% despite a lack of news this morning.
• SAI.TECH Global stock is decreasing more than 10% without any news to report.
• Hudson Pacific Properties shares are dropping over 10% despite a lack of relevant news today.
• Vintage Wine Estates stock is slipping more than 10% this morning.
• Akso Health shares close out our pre-market stock movers down over 10% today.

On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.

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Shares of Jabil Inc. fell sharply during Thursday's session following third-quarter results.

Jabil reported third-quarter fiscal 2024 revenue of $6.77 billion, down by 20.2% year-on-year, beating the analyst consensus estimate of $6.53 billion. The print manufacturing company's adjusted EPS of $1.89 beat the analyst consensus of $1.85, according to data from Benzinga Pro.

Jabil said it expects fourth-quarter revenue of $6.3 billion – $6.9 billion (consensus: $6.8 billion) and adjusted EPS to $2.03 – $2.43 (consensus: $2.22).

Jabil shares dipped 7.8% to $116.37 on Thursday.

Here are some other stocks moving in today’s mid-day session.

Gainers

• MGO Global, Inc. shares jumped 222.8% to $1.48 after the company said it expects the pending acquisition of Spetner Associates to close in the second half of 2024, projecting it to increase annualized revenue to approximately $28 million.
• Griid Infrastructure Inc. climbed 89.3% to $1.48 after falling more than 10% on Tuesday.
• Zapp Electric Vehicles Group Limited gained 89% to $2.58 after the company said it expects first customer deliveries of the i300 in the fourth quarter and anticipates selling over 5,000 units in the fiscal year ending September 30, 2025.
• Reliance Global Group, Inc. shares climbed 60.5% to $0.6279. Reliance Global Group announced major enhancement of capital structure following cashless exercise of warrants.
• Allurion Technologies Inc. gained 50% to $1.598. Allurion announced publication of new data demonstrating lean mass gains in patients experiencing 14% weight loss.
• SMX (Security Matters) Public Limited Company rose 43% to $0.1702 after jumping 19% on Tuesday.
• Soluna Holdings, Inc. gained 23.3% to $5.96.
• Femasys Inc. rose 22% to $1.1650 after receiving CE Mark approval from the EU MDR for its FemaSeed, FemVue, FemCerv, and FemCath products.
• Molecular Partners AG shares rose 21.1% to $9.63 after gaining 9% on Tuesday.
• Surf Air Mobility Inc. jumped 20.6% to $0.3850.
• ToughBuilt Industries, Inc. gained 20.2% to $3.75.
• MicroCloud Hologram Inc. surged 19.7% to $1.1303. MicroCloud Hologram entered into convertible note purchase agreements with investors for $28 million on June 18.
• Presto Automation Inc. shares climbed 19.2% to $0.0877after falling around 5% on Tuesday.
• NanoViricides, Inc. gained 16.5% to $1.91. Nanoviricides reported that the ultra-broad-spectrum antiviral NV-387, a Phase 2 Stage drug candidate, was found to be effective in protecting lungs from damage in a lethally infected influenza H3N2 mouse model.
• Lobo EV Technologies Ltd. rose 16.4% to $2.47.
• Ocular Therapeutix, Inc. gained 16% to $6.36 after TD Cowen upgraded the stock from Hold to Buy and raised its price target from $7 to $11.
• Applied Digital Corporation jumped 15.3% to $5.95.
• Ranpak Holdings Corp. climbed 13.7% to $6.49.
• ImmunityBio, Inc. rose 13.6% to $7.08 after the company announced insurance coverage of ANKTIVA across multiple states with first commercial doses administered.
• Harrow, Inc. gained 12.2% to $19.81 after the company announced the manufacture of the first of three commercial-scale process performance qualification batches of TRIESENCE 40 mg/mL. Also the company announced that the second and third required PPQ batches are now scheduled.
• ZKH Group Limited rose 11.4% to $3.92
• NANO Nuclear Energy Inc. gained 11.3% to $12.91.
• Himax Technologies, Inc. jumped 11.1% to $8.23
• UTime Limited surged 11% to $0.5849
• Nexalin Technology, Inc. gained 10% to $1.1450. Nexalin Technology shares jumped around 38% on Tuesday after the company was awarded a US patent on ‘Transcranial alternating current dynamic frequency stimulation (TACS) method for Alzheimers and Dementia.’
• Bilibili Inc. shares climbed 7.8% to $17.45. On Tuesday, JP Morgan analyst Daniel Chen upgraded Bilibili from Neutral to Overweight and announced a $21 price target.
• Super Micro Computer, Inc. gained 7% to $982.60 after Elon Musk indicated the company will provide server racks for the supercomputer that xAI is building.
• Advanced Micro Devices, Inc. rose 5% to $162.36.

Losers

• Trevena, Inc. fell 43.7% to $0.1993. Trevena announced preclinical TRV045 data for long-term analgestic effect in prelinical model of neuropathic pain. Also, the company announced TRV045 results provided director for additional NIH-initiated studies in epilepsy prevention and treatment.
• Kaival Brands Innovations Group, Inc shares declined 33.5% to $2.99 after gaining 8% on Tuesday.
• Sonnet BioTherapeutics Holdings, Inc. fell 29% to $1.10. Sonnet BioTherapeutics announced exercise of warrants for gross proceeds of $3.4 million.
• Tempest Therapeutics, Inc. declined 25% to $2.1208. The company announced new data from the ongoing Phase 1b/2 clinical study on amezalpat2 (TPST-1120).
• Nikola Corporation declined 23.6% to $0.3672. Nikola announced 1-for-30 reverse stock split approved by board.
• La Rosa Holdings Corp. shares fell 23.5% to $1.37. La Rosa Holdings shares jumped 72% on Tuesday after the company entered a non-binding letter of intent to acquire a controlling interest in Red Door Title.
• SYLA Technologies Co., Ltd. dipped 21.7% to $1.70.
• Mustang Bio, Inc. shares dipped 21% to $0.6721 after the company announced a $2.5 million registered direct offering of 6.130 million shares at $0.41 per share.
• QXO, Inc. fell 20.9% to $72.55.
• NLS Pharmaceutics AG tumbled 20.3% to $0.1910 after jumping 82% on Tuesday.
• DermTech, Inc. fell 19.4% to $0.1176.
• Dunxin Financial Holdings Limited shares fell 19.4% to $0.1728 after dipping 17% on Tuesday.
• Tempus AI, Inc fell 15.1% to $25.76 amid post-IPO volatility.
• Esperion Therapeutics, Inc. declined 15% to $2.2991 after B of A Securities downgraded the stock from Neutral to Underperform.
• SRIVARU Holding Limited shares fell 13.7% to $0.2150. SRIVARU, last week, announced it will begin accepting paid reservations and bookings for its flagship product, the PRANA 2.0, on June 16th.
• Actelis Networks, Inc. fell 12.2% to $1.8602. Actelis Networks shares jumped 84% on Tuesday after the company announced an agreement to serve as Carahsoft’s public sector distributor.
• Jasper Therapeutics, Inc. declined 10.1% to $20.84. Jasper Therapeutics announced appointment of Svetlana Lucas Ph.D., to its Board of Directors.
• GMS Inc. declined 6.5% to $84.02 after the company reported mixed fourth-quarter financial results.
• Nayax Ltd. fell 6.1% to $21.23.
• Vanda Pharmaceuticals Inc. fell 5% to $6.03 after the company’s board determined that recent takeover proposals were not in its best interests.

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