Unusual Machines to Provide First Drone for Red Cat's First-Person View Systems

It’s time to start the final day of trading this week with a breakdown of the biggest pre-market stock movers for Friday morning!

Moving stocks are a bankruptcy filing, regulator approval, a public offering and more.

Let’s get into that news below!

Biggest Pre-Market Stock Movers: 10 Top Gainers

• Spectaire stock is rocketing more than 111% on letter, settlement and asset purchase agreements.
• Trinity Place shares are soaring over 52% with heavy pre-market trading today.
• DermTech stock is surging more than 45% despite a recent bankruptcy filing.
• Sarepta Therapeutics shares are gaining over 37% on expanded regulator approval.
• Kintara Therapeutics stock is increasing 27% with strong early morning trading.
• Qualigen Therapeutics shares are rising more than 16% with heavy trading today.
• Unusual Machines stock is climbing close to 16% despite a lack of news today.
• Simpple shares are jumping nearly 15% without any clear news today.
• Lion Group stock is heading over 13% higher on Friday morning.
• Solid Biosciences shares are up more than 13% without any news to report.

10 Top Losers

• Abacus Life stock is diving over 23% after pricing a public offering.
• Psyence Biomedical shares are tumbling 20% on Friday morning.
• Professional Diversity stock is taking a more than 18% beating with strong early morning trading.
• Kaival Brands Innovations shares are sliding over 17% on Friday morning.
• QXO stock is dropping 16% today.
• Reliance Global shares are falling more than 15% after a recent rally.
• MGO Global stock is retreating over 14% following a rally yesterday.
• Cyclerion Therapeutics shares are decreasing 14% this morning.
• Perfect stock is slipping more than 12% today.
• Scinai Immunotherapeutics shares close out our pre-market stock movers down over 11% 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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(10:54 GMT) Unusual Machines Price Target Announced at $4.00/Share by ThinkEquity

Shares of Lands’ End, Inc. fell sharply during Wednesday's session following first-quarter results.

Lands’ End reported quarterly adjusted loss of 20 cents per share which beat the analyst consensus estimate of 26 cents per share. The company reported quarterly sales of $285.47 million which beat the analyst consensus estimate of $269.82 million, according to data from Benzinga Pro.

Lands’ End shares dipped 9.3% to $12.60 on Wednesday.

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

Gainers

• Actelis Networks, Inc. shares jumped 512% to $2.88 after the company announced orders for cyber-hardened networking technology to be deployed at three US military bases.
• Nuvve Holding Corp. shares jumped 150% to $1.42.
• ENDRA Life Sciences Inc. shares gained 82.2% to $0.1549. ENDRA Life Sciences shares dipped over 60% on Tuesday after the company announced the pricing of an $8 million public offering.
• mF International Limited gained 66.9% to $2.17 after jumping 38% on Tuesday.
• Moving iMage Technologies, Inc. gained 53.2% to $1.0750 after the company was awarded a multi-million dollar contract.
• Siyata Mobile Inc. gained 52.5% to $2.1200 after the company announced a new partnership with JD Telecom.
• WalkMe Ltd. gained 42.1% to $13.70 after the company announced it entered into a definitive agreement to be acquired by SAP.
• Stitch Fix, Inc. rose 34.9% to $3.6010 following better-than-expected third-quarter financial results.
• XTI Aerospace, Inc. jumped 30% to $1.1877 after the company announced Mesa Air Group is the purchaser under a previously disclosed conditional purchase order with XTI Aircraft Company.
• Unusual Machines, Inc. rose 27.2% to $1.9002.
• Hywin Holdings Ltd. gained 24.9% to $0.7379.
• China Liberal Education Holdings Limited rose 21.1% to $1.2710.
• Multi Ways Holdings Limited gained 19.4% to $0.5741.
• Mynd.ai, Inc. rose 16.6% to $2.95.
• Vir Biotechnology, Inc. gained 16.4% to $12.31 after the company announced new preliminary data from its Phase 2 SOLSTICE hepatitis delta clinical trial evaluating tobevibart.
• 3D Systems Corporation gained 16% to $4.030 after the company received a multi-year purchase agreement with an estimated value of around a quarter-billion dollars.
• Laird Superfood, Inc. gained 15.6% to $4.3350.
• Verint Systems Inc. rose 15.3% to $32.54 after the company reported better-than-expected first-quarter financial results and issued strong FY25 guidance.
• Hewlett Packard Enterprise Company shares rose 15.1% to $20.26 as the company reported better-than-expected second-quarter financial results.
• Guidewire Software, Inc. gained 15% to $124.20 after the company reported better-than-expected third-quarter financial results and issued FY24 revenue guidance above estimates.
• United Natural Foods, Inc. jumped 12.7% to $13.69 following upbeat quarterly earnings.
• CureVac N.V. gained 10.4% to $4.46.
• Novavax, Inc. rose 10.2% to $19.57.
• Bright Green Corporation shares rose 8.2% to $0.3204 after gaining around 5% on Tuesday.
• Ollie’s Bargain Outlet Holdings, Inc. gained 7.8% to $88.43 following better-than-expected first-quarter earnings.
• MakeMyTrip Limited gained 6.8% to $78.68.

Losers

• Concord Medical Services Holdings Limited fell 37.7% to $1.3099 after jumping 166% on Tuesday.
• Barnes & Noble Education, Inc. shares declined 35% to $0.2699.
• MicroAlgo Inc. shares dipped 33.2% to $8.02. MicoAlgo shares jumped around 670% on Tuesday after the company announced that it will jointly establish a micro-consciousness quantum research center with WiMi.
• Silo Pharma, Inc. declined 30.6% to $1.55 after the company announced a $2 million registered direct offering.
• SOBR Safe, Inc. shares fell 29.2% to $0.3236 after surging 75% on Tuesday.
• Latam Logistic Properties, S.A. fell 24.7% to $138.91.
• JIADE Limited fell 23% to $ 1.3450
• Cue Health Inc. fell 21.3% to $0.0486.
• Volcon, Inc. shares declined 21% to $0.1318 after the company announced a 1-for-100 reverse stock split.
• SPAR Group, Inc. fell 19.9% to $2.2668 after the company announced that it entered into a letter of intent to go private with Highwire Capital.
• Power REIT fell 19.8% to $0.9001.
• FibroBiologics, Inc. dipped 19.3% to $7.27.
• Adamas One Corp. dipped 18.8% to $ 0.3062.
• Adlai Nortye Ltd. fell 17% to $5.17
• Vast Renewables Limited shares fell 16.4% to $3.75 after jumping around 67% on Tuesday.
• Mind Medicine (MindMed) Inc. shares fell 16.2% to $6.92 after declining 5% on Tuesday.
• Ambac Financial Group, Inc. shares declined 15.6% to $14.53. Ambac Financial Group announced plans to acquire a majority stake in Beat Capital Partners.
• Golden Heaven Group Holdings Ltd. shares fell 13.7% to $0.1938 after declining around 4% on Tuesday.
• Fortuna Silver Mines Inc. dipped 13.6% to $5.10 after the company announced a $150 million offering of convertible senior notes.
• ThermoGenesis Holdings, Inc. shares declined 13.4% to $0.5534 after gaining over 10% on Tuesday.
• Fresh2 Group Limited shares fell 11% to $0.3970 after gaining 13% on Tuesday.
• COMPASS Pathways plc shares fell 10.6% to $6.84.
• MultiPlan Corporation declined 7.8% to $0.4342
• DouYu International Holdings Limited fell 4.7% to $9.64 following first-quarter results.
• Dollar Tree, Inc. shares fell 4.3% to $115.11 after the company reported first-quarter earnings and announced a review of strategic alternatives for its Family Dollar business.
• Brown-Forman Corporation (NYSE:BF) fell 4% to $43.90 following mixed quarterly earnings.
• Designer Brands Inc. fell 3.9% to $8.40. The company, on Tuesday, reported first-quarter FY24 sales growth of 0.6% year-on-year to $746.596 million, beating the analyst consensus estimate of $741.630 million.

Now Read This: Jim Cramer: Energy Transfer Has ‘Done A Very Good Job,’ Recommends Selling This Tech Stock

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Unusual Machines just reported results for the first quarter of 2024.

• Unusual Machines reported earnings per share of -18 cents.
• The company reported revenue of $618,915.

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