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18 Stocks Moving in Friday's Pre-Market Session

Benzinga2021-12-17

Gainers

  • Genfit SA rose 47.5% to $4.90 in pre-market trading. Ipsen and GENFIT reported an exclusive licensing agreement for Elafibranor.
  • Spruce Biosciences, Inc. rose 23% to $3.05 in pre-market trading on reports suggesting Oppenheimer initiated coverage on the stock with an Outperform rating and announced a $15 price target.
  • Cerner Corporation rose 15.9% to $92.10 in pre-market trading. Oracle is in talks to acquire Cerner, The Wall Street Journal reported.
  • Moxian (BVI) Inc rose 15.2% to $4.85 in pre-market trading after dropping 8% on Thursday.
  • Adagio Therapeutics, Inc. rose 12.8% to $16.00 in pre-market trading after jumping 123% on Thursday.
  • ObsEva SA rose 7.3% to $2.35 in pre-market trading after the company reported positive CHMP opinion for Linzagolix, an oral GnRH antagonist, for the treatment of uterine fibroids.
  • BEST Inc. rose 6.8% to $0.94 in pre-market trading. BEST completed the sale of its Express business in China.
  • Calliditas Therapeutics AB rose 5.8% to $24.26 in pre-market trading. Calliditas Therapeutics shares jumped 22% on Thursday after the company announced it was granted by the FDA accelerated approval of TARPEYO to reduce proteinuria in lgA nephropathy.
  • Sino-Global Shipping America, Ltd. rose 5.6% to $3.80 in pre-market trading. Sino-Global Shipping America, last month, named Mr. Shi Qiu as Chief Technical Officer.
  • FedEx Corporation rose 5% to $250.32 in pre-market trading after the company reported better-than-expected results for its second quarter and boosted its FY22 earnings guidance. The company also reported a $5 billion buyback, including $1.5 billion accelerated buyback program.

Losers

  • Abeona Therapeutics Inc. fell 24.8% to $0.3670 in pre-market trading after the company announced a common stock offering.
  • ION Geophysical Corporation fell 16.7% to $1.15 in pre-market trading. ION Geophysical, last month, reported Q3 EPS of $0.05.
  • Rivian Automotive, Inc. shares fell 9.5% to $98.41 in pre-market trading after the company reported Q3 earnings results and said it expects to be a few hundred vehicles short of its 2021 production target of 1,200 vehicles.
  • Jupai Holdings LimitedJP+0.95%shares fell 8.6% to $0.96 in pre-market trading.
  • SeaChange International, Inc. fell 7.8% to $1.54 in pre-market trading. SeaChange International recently reported better-than-expected Q3 results..
  • Kiora Pharmaceuticals, Inc. shares fell 7.8% to $0.8026 in pre-market trading.
  • Kaixin Auto Holdings shares fell 7.7% to $1.56 in pre-market trading. Kaixin Auto shares jumped 36% on Thursday after the company announced an agreement with Bujia, which agreed to order at least 10,000 new energy trucks from Kaixin in the next five years.
  • United States Steel Corporation fell 5.7% to $22.12 in pre-market trading. United States Steel said it projects adjusted earnings before interest, taxes, depreciation and amortization of around $1.65 billion for the fourth quarter, versus analysts’ estimates of $2.13 billion amid a slowdown in orders.

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