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Why M.D.C. Holdings Shares Are Trading Higher By Around 17%; Here Are 20 Stocks Moving Premarket

Published 18/01/2024, 12:52
© Reuters.  Why M.D.C. Holdings Shares Are Trading Higher By Around 17%; Here Are 20 Stocks Moving Premarket
MDC
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Benzinga - by Avi Kapoor, Benzinga Staff Writer.

Shares of M.D.C. Holdings, Inc. (NYSE: MDC) rose sharply in today’s pre-market trading.

Sekisui House, Ltd. and M.D.C. Holdings announced an agreement pursuant to which a wholly-owned subsidiary of Sekisui House will acquire MDC in an all-cash deal with an equity value of $4.9 billion.

M.D.C. shares surged 17.4% to $62.30 in pre-market trading

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

Gainers

  • Lytus Technologies Holdings PTV. Ltd. (NASDAQ: LYT) shares rose 137.3% to $0.2246 in pre-market trading after falling 5% on Wednesday.
  • Marpai, Inc. (NASDAQ: MRAI) shares jumped 29% to $1.09 in pre-market trading after declining over 8% on Wednesday. Marpai recently named John Powers as President.
  • Celularity Inc. (NASDAQ: CELU) shares climbed 25.8% to $0.2370 in pre-market trading after falling more than 5% on Wednesday.
  • Phunware, Inc. (NASDAQ: PHUN) shares gained 23% to $0.20 in pre-market trading. Phunware shares dipped 61% on Wednesday after the company announced pricing of a $7 million registered direct offering price at-the-market under Nasdaq rules.
  • Castellum, Inc. (NYSE: CTM) gained 22.2% to $0.3690 in pre-market trading after gaining 4% on Wednesday.
  • Roma Green Finance Limited (NASDAQ: ROMA) surged 20.1% to $1.37 in pre-market trading after tumbling over 70% on Wednesday.
  • Cadrenal Therapeutics, Inc. (NASDAQ: CVKD) surged 15.8% to $0.9850 in pre-market trading after gaining over 7% on Wednesday.
  • New Horizon Aircraft Ltd. (NASDAQ: HOVR) gained 12.2% to $2.66 in pre-market trading after dipping 29% on Wednesday.
  • Deep Medicine Acquisition Corp. (NASDAQ: DMAQ) gained 10.6% to $8.05 in pre-market trading after dipping 9% on Wednesday.
Losers
  • Aravive, Inc. (NASDAQ: ARAV) shares dipped 52.9% to $0.0520 in pre-market trading. Aravive intends to voluntarily terminate the listing of its common stock on the Nasdaq Global Select Market.
  • Nuvve Holding Corp. (NASDAQ: NVVE) shares fell 27% to $0.0740 in pre-market trading. Nuvve Holding will effect 1-for-40 reverse stock split, to be effective Jan. 19, 2024.
  • Airspan Networks Holdings Inc. (NASDAQ: MIMO) shares declined 19.1% to $0.1780 in pre-market trading. Airspan shares jumped 186% on Wednesday after the company announced a partnership with GCT Semiconductor to develop an RF module.
  • Newcourt Acquisition Corp (NASDAQ: NCAC) shares fell 19% to $9.40 in pre-market trading after gaining around 12% on Wednesday.
  • Warrantee Inc. (NASDAQ: WRNT) declined 18% to $0.2927 in pre-market trading after gaining 7% on Wednesday.
  • Plug Power Inc. (NASDAQ: PLUG) shares dipped 16.3% to $2.29 in pre-market trading. In a prospectus filed with the SEC, the company said it has entered into an at-market issuance sales agreement with B. Riley Securities regarding the sale of up to $1 billion in stock. The sale will be made from time to time, with B. Riley acting as a sales agent.
  • Chemomab Therapeutics Ltd. (NASDAQ: CMMB) shares fell 15.6% to $0.4555 in pre-market trading.
  • Meta Materials Inc. (NASDAQ: MMAT) shares declined 14% to $0.0656 in pre-market trading after gaining 5% on Wednesday.
  • Discover Financial Services (NYSE: DFS) fell 10.4% to $97.45 in pre-market trading after the company reported a 62% plunge in its profit for the fourth quarter on Wednesday.
  • Nukkleus Inc. (NASDAQ: NUKK) fell 6.4% to $1.32 after falling 6% on Wednesday. Nukkleus announced its intention to expand its investment in Jacobi Asset Management, known for sponsoring Europe’s first approved Bitcoin spot ETF.

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© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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