Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious Outperformance
Find Stocks Now

Why Micro Focus International Is Trading Higher By Around 94%; Here Are 28 Stocks Moving Premarket

Published 26/08/2022, 11:53
© Reuters.  Why Micro Focus International Is Trading Higher By Around 94%; Here Are 28 Stocks Moving Premarket

Gainers

  • Micro Focus International (LON:MCRO) plc (NYSE: MFGP) shares rose 93.6% to $6.06 in pre-market trading after the company reached an agreement with Open Text Corporation (NASDAQ: OTEX) to be acquired for $6 billion.
  • American Virtual Cloud Technologies, Inc. (NASDAQ: AVCT (LON:AVCT)) shares rose 37.7% to $0.1872 in pre-market trading as the company launched review to explore sale of entire business or selected assets.
  • First High-School Education Group Co., Ltd. (NYSE: FHS) rose 27.5% to $0.9750 in pre-market trading after gaining around 5% on Thursday.
  • The Very Good Food Company Inc. (NASDAQ: VGFC) rose 20.4% to $0.2048 in pre-market trading after dropping more than 6% on Thursday.
  • Lixiang Education Holding Co., Ltd. (NASDAQ: LXEH) rose 19.7% to $5.41 in pre-market trading after jumping 29% on Thursday.
  • NewAge, Inc. (NASDAQ: NBEV) rose 17.5% to $0.2380 in pre-market trading after declining around 7% on Thursday.
  • Everbridge, Inc. (NASDAQ: EVBG) rose 16.2% to $41.55 in pre-market trading. Everbridge recently reported better-than-expected Q2 sales results and issued Q3 guidance above analyst estimates.
  • China SXT Pharmaceuticals, Inc. (NASDAQ: SXTC) rose 16.1% to $2.02 in pre-market trading after Streeterville Capital disclosed a 9.9% passive stake in the company.
  • Farfetch Limited(NYSE: FTCH) rose 12.6% to $10.75 in pre-market trading after reporting better-than-expected quarterly results.
  • Workday, Inc. (NASDAQ: WDAY) rose 10.9% to $180.05 in pre-market trading after the company reported upbeat earnings for its second quarter. The company maintained full-year subscription revenue guidance between $5.537 billion and $5.557 billion.
  • VTEX (NYSE: VTEX) shares rose 10.6% to $4.28 in pre-market trading. Vtex recently posted a Q2 loss of $0.11 per share.
  • Cassava Sciences, Inc. (NASDAQ: SAVA) rose 9.1% to $29.76 in pre-market trading.
  • LumiraDx Limited (NASDAQ: LMDX) rose 8.8% to $1.49 in pre-market trading. LumiraDx recently reported worse-than-expected Q2 results.
  • Genius Group Limited (NYSE: GNS) rose 8.5% to $2.92 in pre-market trading. Genius Group, on Thursday, entered into a securities purchase agreement for $18.13 million private placement.
  • United Maritime Corporation (NASDAQ: USEA) shares rose 7.8% to $1.51 in pre-market trading after declining around 10% on Thursday.
  • The Gap, Inc. (NYSE: GPS) rose 7.2% to $10.73 in pre-market trading after the company reported an unexpected profit for the second quarter, while sales exceeded estimates.
  • Guardant Health, Inc. (NASDAQ: GH) rose 5.6% to $56.89 in pre-market trading after gaining 7% on Thursday.
  • Ulta Beauty, Inc. (NASDAQ: NASDAQ:ULTA) rose 3.1% to $432.34 in pre-market trading as the company reported better-than-expected results for its second quarter and raised its FY22 guidance.
3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Losers

  • Athersys, Inc. (NASDAQ: ATHX) shares fell 19.8% to $0.1402 in pre-market trading after the company reported a 1-for-25 reverse stock split.
  • Affirm Holdings, Inc. (NASDAQ: AFRM) shares fell 12.7% to $27.27 in pre-market trading after the company reported worse-than-expected Q4 EPS results and issued Q1 FY23 sales guidance below estimates.
  • Kiora Pharmaceuticals, Inc. (NASDAQ: KPRX) fell 9% to $0.2350 in pre-market trading. Kiora Pharmaceuticals shares jumped 95% on Thursday after Ladenburg Thalmann initiated coverage on the stock with a Buy rating and announced a price target of $6.50.
  • SunLink Health Systems, Inc. (NYSE: SSY) fell 8.9% to $1.63 in pre-market trading after gaining 12% on Thursday.
  • Danimer Scientific, Inc. (NASDAQ: DNMR) fell 8.4% to $4.59 in pre-market trading. Danimer Scientific filed for mixed-securities shelf offering of up to $100 million.
  • Seagen Inc. (NASDAQ: SGEN) fell 8.1% to $151.00 in pre-market trading after Bloomberg reported acquisition talks with Merck stalled over purchase price.
  • Mobilicom Limited (NASDAQ: MOB) fell 7.3% to $5.07 in pre-market trading after jumping around 18% on Thursday. The company priced its IPO at $4.13 per unit
  • Golden Ocean Group Limited (NASDAQ: GOGL) fell 7% to $10.10 in pre-market trading. Golden Ocean Group recently reported a second-quarter FY22 revenue increase of 14.9% year-over-year to $316.66 million.
  • Zynerba Pharmaceuticals, Inc. (NASDAQ: ZYNE) fell 6.6% to $1.13 in pre-market trading. Zynerba Pharmaceuticals recently posted a Q2 loss of $0.24 per share.
  • Dell Technologies Inc. (NYSE: DELL) fell 4.9% to $45.55 in pre-market trading. Dell Technologies reported upbeat earnings for its second quarter, while sales missed estimates.
3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Read at Benzinga

Read the original article on Benzinga

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.