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Why JanOne Shares Are Trading Higher By 19%; Here Are 20 Stocks Moving Premarket

Published 13/05/2024, 10:46
© Reuters.  Why JanOne Shares Are Trading Higher By 19%; Here Are 20 Stocks Moving Premarket
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Benzinga - by Avi Kapoor, Benzinga Staff Writer.

Shares of JanOne Inc. (NASDAQ:JAN) rose sharply in today's pre-market trading after the company announced plans to acquire ALT 5 Sigma Inc.

The deal is projected to close in the week of May 13th.

JanOne shares jumped 18.6% to $4.78 in the pre-market trading session.

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

Gainers

  • Tevogen Bio Holdings Inc. (NASDAQ:TVGN) gained 74.7% to $1.72 in pre-market trading after the company announced up to $50 million in financing to further advance operational objectives.
  • Nauticus Robotics, Inc. (NASDAQ:KITT) gained 31.3% to $0.1928 in pre-market trading. Nauticus Robotics is expected to release its first quarter financial and operating results after the closing bell on May 13.
  • GameStop Corp. (NYSE:GME) shares gained 16.7% to $20.40 in pre-market trading following a 3% decline on Friday.
  • KOSS Corp (NASDAQ:KOSS) rose 15.4% to $3.69 in today's pre-market trading after declining around 10% on Friday. Koss posted a wider quarterly loss last week.
  • Cyclacel Pharmaceuticals, Inc. (NASDAQ:CYCC) gained 15% to $2.61 in pre-market trading. Cyclacel Pharmaceuticals is expected to announce first quarter 2024 financial results on Tuesday, May 14.
  • Assure Holdings Corp. (NASDAQ:IONM) shares gained 10.7% to $0.48 in pre-market trading after gaining 3% on Friday.
  • WaveDancer, Inc. (NASDAQ:WAVD) shares rose 9.2% to $3.34 in pre-market trading.
  • Novavax Inc (NASDAQ:NVAX) gained 8.2% to $9.61 in pre-market trading. Novavax shares jumpd 99% on Friday after the company and Sanofi announced a co-exclusive licensing agreement to commercialize a COVID-19 vaccine and develop COVID-influenza combination vaccines.
  • Groupon, Inc. (NASDAQ:GRPN) shares rose 7.1% to $13.88 in pre-market trading. Groupon shares jumped around 24% on Friday after the company reported better-than-expected first-quarter results.
Losers
  • Barnes & Noble Education, Inc. (NYSE:BNED) shares dipped 33% to $0.1949 in pre-market trading after declining 7% on Friday. Barnes & Noble Education, during April, announced a short-term shareholder rights plan and a new equity investment.
  • Seritage Growth Properties (NYSE:SRG) shares fell 23.6% to $7.12 pre-market trading after the company reported a loss for the first quarter.
  • Applied DNA Sciences, Inc. (NASDAQ:APDN) dipped 23.6% to $2.68 in pre-market trading after posting weak second-quarter results.
  • Caravelle International Group (NASDAQ:CACO) shares fell 20.8% to $0.57 in pre-market trading after declining around 4% on Friday.
  • Portage Biotech Inc (NASDAQ:PRTG) shares declined 20.7% to $0.20 in pre-market trading after falling 10% on Friday. The company, last month, announced that it is expanding its evaluation of strategic alternatives and implementing additional measures to extend its available cash runway.
  • Aethlon Medical, Inc. (NASDAQ:AEMD) shares fell 18.6% to $0.96 in pre-market trading. Aethlon Medical, on Friday, announced results from an in vitro binding study of its Hemopurifier in removing extracellular vesicles from plasma.
  • Antelope Enterprise Holdings Ltd (NASDAQ:AEHL) shares dipped 16.2% to $1.60 in pre-market trading. Antelope Enterprise, last week, announced second half and full year 2023 financial results.
  • Visionary Holdings Inc. (NASDAQ:GV) shares declined 12.7% to $0.3110 in pre-market trading after gaining around 10% on Friday.
  • Power REIT (NYSE:PW) shares fell 12.3% to $0.6011 in pre-market trading after jumping around 58% on Friday.
  • Vitesse Energy, Inc. (NYSE:VTS) shares fell 10.2% to $21.64 in pre-market trading. Vitesse Energy, last week, posted downbeat quarterly earnings.
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