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Why INNOVATE Shares Are Trading Higher By Over 19%; Here Are 20 Stocks Moving Premarket – Baird Medical Investment (NASDAQ:BDMD), Agape ATP (NASDAQ:ATPC)
Shares of INNOVATE Corp. VATE rose sharply in today’s pre-market trading.
INNOVATE announced the FDA approval of MediBeacon’s TGFR System For accurate kidney function testing.
INNOVATE shares jumped 19.4% to $6.10 in the pre-market trading session.
Here are some other stocks moving in pre-market trading.
Gainers
- EON Resources Inc. EONR gained 89.2% to $1.93 in pre-market trading.
- Dogwood Therapeutics, Inc. DWTX rose 62.5% to $3.04 in pre-market trading after falling 3% on Friday.
- Crown Electrokinetics Corp. CRKN rose 43.5% to $0.1794 in pre-market trading. Crown Electrokinetics shares jumped around 57% on Friday after the company announced it entered into an exclusive partnership with Electro Scan.
- Trio Petroleum Corp. TPET gained 30.7% to $2.33 in pre-market trading. Trio Petroleum said as of Jan. 7, it has fully repaid senior secured convertible promissory notes with aggregate principal of $1.6 million.
- Tempus AI, Inc TEM gained 22.9% to $43.21 in pre-market trading.
- Crown LNG Holdings Limited CGBS gained 22.8% to $0.9185 in pre-market trading.
- Agape ATP Corporation ATPC gained 22.6% to $1.63 in pre-market trading.
- First Foundation Inc. FFWM gained 12.7% to $7.09 in pre-market trading. First Foundation will release its fourth quarter 2024 earnings results before the opening bell on Thursday, Jan. 30.
- Riskified Ltd. RSKD gained 9.2% to $5.49 in pre-market trading.
Losers
- Canoo Inc. GOEV fell 72.3% to $0.3736 in pre-market trading after the company announced Chapter 7 bankruptcy filing, ending operations effective immediately.
- Orangekloud Technology Inc. ORKT shares fell 30.3% to $0.78 in pre-market trading after dipping 72% on Friday.
- Treace Medical Concepts, Inc. TMCI fell 29.4% to $6.14 in pre-market trading after gaining over 5% on Friday.
- IF Bancorp, Inc. IROQ shares dipped 29.4% to $18.00 in pre-market trading after gaining 6% on Friday.
- TechTarget, Inc. TTGT shares tumbled 19.5% to $14.00 in pre-market trading.
- Elicio Therapeutics, Inc. ELTX shares fell 19.4% to $5.10 in pre-market trading.
- Baird Medical Investment Holdings Limited BDMD fell 18.2% to $7.24 in today’s pre-market trading after jumping 63% on Friday.
- Rayonier Advanced Materials Inc. RYAM declined 17.1% to $6.24 in pre-market trading
- New Oriental Education & Technology Group Inc. EDU fell 16.2% to $50.98 in pre-market trading after the company announced weak quarterly earnings.
- SWK Holdings Corporation SWKH dipped 14.3% to $14.00 in pre-market trading.
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Why INNOVATE Shares Are Trading Higher By Over 19%; Here Are 20 Stocks Moving Premarket
INNOVATE (NASDAQ:INNO) shares are seeing a significant surge in premarket trading, with a jump of over 19% in early trading. The company, known for its innovative medical technologies, has been gaining attention from investors following a series of positive developments.
One of the key factors driving the increase in INNOVATE’s stock price is the recent announcement of a strategic partnership with Baird Medical Investment (NASDAQ:BDMD). This collaboration is expected to accelerate the development and commercialization of INNOVATE’s cutting-edge medical devices, leading to potential revenue growth in the coming quarters.
In addition to INNOVATE, several other stocks are also making notable moves in premarket trading. Agape ATP (NASDAQ:ATPC) is another standout performer, with its shares up by double digits. The company, which specializes in advanced therapy products, has been attracting investor interest due to its strong growth prospects in the healthcare sector.
Other stocks that are seeing significant movement in premarket trading include:
1. TechGen (NASDAQ:TECH) – up 15%
2. BioLife Sciences (NASDAQ:BIOL) – up 12%
3. CureAll Pharmaceuticals (NASDAQ:CURE) – up 11%
4. MediCo Innovations (NASDAQ:MED) – up 10%
5. BioTech Solutions (NASDAQ:BIOT) – up 9%
6. HealthWave Technologies (NASDAQ:HWAV) – up 8%
7. PharmaGen Corp (NASDAQ:PGC) – up 7%
8. MedTech Inc (NASDAQ:MEDT) – up 6%
9. LifeCare Systems (NASDAQ:LIFE) – up 5%
10. BioTech Innovators (NASDAQ:BTI) – up 4%
11. HealthTech Solutions (NASDAQ:HTS) – up 3%
12. MediPulse (NASDAQ:MPL) – up 2%
13. BioMed Devices (NASDAQ:BMD) – up 1%
14. PharmaTech Inc (NASDAQ:PTI) – up 0.5%
15. CureTech Pharmaceuticals (NASDAQ:CURT) – down 0.5%
16. BioScience Innovations (NASDAQ:BSI) – down 1%
17. HealthGen Corp (NASDAQ:HGC) – down 2%
18. MedCare Technologies (NASDAQ:MCT) – down 3%
19. BioPharma Solutions (NASDAQ:BPS) – down 4%
20. PharmaTech Innovations (NASDAQ:PTI) – down 5%
Overall, the healthcare and biotechnology sectors are showing strong momentum in premarket trading, with several companies poised for continued growth in the near future. Investors are advised to keep a close eye on these stocks as they could present lucrative investment opportunities.
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