Today’s Biggest Pre-Market Stock Movers: 10 Top Gainers and Losers on Wednesday

InvestorPlace

DermTech

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Akoustis Technologies

Barnes & Noble Education

-0.98%

Pre-market stock movers are worth checking out on Wednesday as we offer up all the latest news sending shares higher and lower this morning!

Moving stocks this morning are continued rallies, heavy trading, clinical trials and more.

Let’s get into that news below!

Biggest Pre-Market Stock Movers: 10 Top Gainers

Akoustis Technologies stock is rocketing more than 142% alongside heavy pre-market trading.
Mustang Bio shares are soaring over 82% with strong early morning trading.
MGO Global stock is surging more than 68% as it continues to rally.
Barnes & Noble Education shares are gaining close to 54% as its rally yesterday continues.
Rezolute stock is rising over 31% after releasing positive study results.
DermTech shares are increasing more than 28% with heavy trading this morning.
Mangoceuticals stock is heading over 22% higher after rallying yesterday too.
VS Media shares are climbing more than 19% without any clear news this morning.
Eupraxia Pharmaceuticals stock is jumping over 15% on new drug trial data.
CCSC Technology shares are up more than 15% despite a lack of news.

10 Top Losers

Crown ElectroKinetics stock is diving over 24% after announcing shareholder meeting plans.
Edible Garden shares are tumbling more than 24% without any apparent news to report.
Euronav stock is taking an over 20% beating on no clear news this morning.
Sintx Technologies shares are sliding nearly 19% on Wednesday morning.
FLJ Group stock is dropping more than 16% this morning.
Cheetah Net Supply Chain shares are falling over 16% as they continue to drop.
LifeStance Health stock is decreasing more than 15% after pricing a secondary offering.
Chijet Motor shares are dipping over 15% after rallying yesterday.
Meta Data stock is slipping more than 15% today.
Vicarious Surgical shares close out our pre-market stock movers down over 14% on a CEO share sale.

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.

Why Virios Therapeutics Shares Are Trading Lower By Around 48%? Here Are Other Stocks Moving In Monday's Mid-Day Session

Benzinga

MultiMetaVerse Holdings Limited Warrant

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GT Biopharma

+1.54%

Shares of Virios Therapeutics, Inc. fell sharply during Monday's session after the company priced a $1.7 million public offering of 8.5 million shares of common stock at $0.20 per share.

Virios Therapeutics shares dipped 47.6% to $0.1850 on Monday.

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

Gainers

MultiMetaVerse Holdings Limited shares jumped 224% to $2.01. MultiMetaVerse Holdings signed a non-binding term sheet to acquire 100% of Bowong Technology (Shenzhen) Co., Ltd. and its subsidiaries.
GT Biopharma, Inc. rose 146% to $7.64. GT Biopharma, last week, posted a narrower-than-expected quarterly loss.
Tantech Holdings Ltd jumped 89.8% to $1.2501.
Faraday Future Intelligent Electric Inc. shares gained 62.1% to $1.6701. Faraday Future Intelligent Electric is scheduled to report its fourth quarter and full year 2023 results after the closing bell on Tuesday, May 28.
CN Energy Group. Inc. surged 58% to $1.0501.
Scorpius Holdings, Inc. gained 57.8% to $0.1635. Scorpius, last week, announced closing of public offering.
NKGen Biotech, Inc. rose 46% to $1.6250 after the company’s SNK01 NK Cell Therapy was cleared to begin a Phase 2 trial in Alzheimer’s disease.
Bruush Oral Care Inc. jumped 41% to $0.1658.
Rekor Systems, Inc. gained 36% to $1.80 after the company announced a partnership with MS2.
MIRA Pharmaceuticals, Inc. gained 34.3% to $0.8866 after the company said it has advanced new preclinical studies using Ketamir-2 towards clinical development.
Scilex Holding Company gained 34% to $1.21.
Hims & Hers Health, Inc. rose 30.5% to $19.01 after the company announced the addition of GLP-1 injections to its weight loss portfolio.
BYND Cannasoft Enterprises Inc. surged 29.5% to $1.4250.
Cheetah Mobile Inc. gained 24.3% to $5.70.
Concord Medical Services Holdings Limited jumped 23% to $0.6188.
Wix.com Ltd. rose 21.6% to $164.94 as the company posted upbeat results for its first quarter and raised its 2024 forecast on Monday.
Sintx Technologies, Inc. shares rose 21.1% to $0.1029 after dipping over 39% on Friday.
Sutro Biopharma, Inc. climbed 17.6% to $4.7150.
PTC Therapeutics, Inc. jumped 17.2% to $38.78 after the company announced the European Commission has returned the Translarna opinion to the CHMP for re-evaluation.
Cue Health Inc. gained 17.1% to $0.1128 after dipping around 18% on Friday. Cue Health, last week, announced that it voluntarily and temporarily paused sales and distribution of its EUA COVID-19 Test Cartridge.
NextDecade Corporation climbed 16% to $8.10 after ADNOC announced it secured an equity position and LNG offtake agreement in NextDecade’s Rio Grande LNG project.
NuScale Power Corporation rose 15.5% to $7.29.
VinFast Auto Ltd. gained 15% to $5.61.
Crown ElectroKinetics Corp. shares rose 14.8% to $0.1964 after falling around 29% on Friday.
Tellurian Inc. gained 14% to $0.5870.
Shineco, Inc. shares climbed 10.2% to $1.09 after jumping 19% on Friday. Shineco recently announced that its subsidiaries Fuzhou Medashan Biotechnology and Kaifeng Yixi Biotechnology invented a new natural active water-soluble product.
Independent Bank Group, Inc. gained 8.5% to $47.69 after SouthState announced it will acquire the company.
Doximity, Inc. surged 5.1% to $29.46.

Losers

Akoustis Technologies, Inc. fell 53.8% to $0.1647 after Qorvo won a jury verdict against the company in a trade secret misappropriation and patent infringement case.
Cheetah Net Supply Chain Service Inc. declined 48% to $5.61.
FLJ Group Limited shares fell 44.5% to $0.86 after surging 224% on Friday.
Jaguar Health, Inc fell 39.8% to $0.1557 after the company announced a 1-for-60 reverse stock split.
Fangdd Network Group Ltd. declined 38% to $1.04.
Jeffs’ Brands Ltd shares declined 35.8% to $0.4189 after jumping 109% on Friday.
DermTech, Inc. fell 33.8% to $0.3302.
CervoMed Inc. declined 25.3% to $17.99. CervoMed named William Elder as Chief Financial Officer, effective June 1.
Barnes & Noble Education, Inc. dipped 22.6% to $0.3482.
Akanda Corp. shares fell 22.3% to $0.1339 following a 30% surge on Friday.
iPower Inc. shares fell 20.8% to $2.29 after jumping 98% on Friday. iPower, last week, reported better-than-expected third-quarter financial results.
Nature’s Miracle Holding Inc. declined 19.9% to $0.5396. Nature’s Miracle mutually agreed to terminate plan to merge with Agrify Corp.
Li Auto Inc. fell 12.6% to $21.74 after the company reported worse-than-expected first-quarter results and issued second-quarter guidance.
GameStop Corp. declined 10% to $19.99.
Oklo Inc. fell 8.6% to $8.23.
IGM Biosciences, Inc. declined 8.2% to $8.46.
Cemtrex, Inc. shares fell 7.6% to $0.45 after climbing 49% on Friday. Cemtrex, last week, posted a wider quarterly loss.
The Beauty Health Company declined 5.8% to $2.58.
Inovio Pharmaceuticals, Inc. fell 5.6% to $11.33.
ATRenew Inc. shares fell 4.3% to $2.71 after reporting weak quarterly earnings.

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DMTK Stock Earnings: DermTech Misses EPS, Misses Revenue for Q1 2024

InvestorPlace

DermTech

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DermTech just reported results for the first quarter of 2024.

DermTech reported earnings per share of -58 cents. This was below the analyst estimate for EPS of -57 cents.
The company reported revenue of $3.85 million.
This was 3.63% worse than the analyst estimate for revenue of $3.99 million.

InvestorPlace Earnings is a project that leverages data from TradeSmith to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at editor@investorplace.com.