Why Tattooed Chef Are Trading Lower By 47%; Here Are 20 Stocks Moving Premarket
Portfolio Pulse from Lisa Levin
The article lists the top gainers and losers in pre-market trading. Notable gainers include Micromobility.com, Fortress Biotech, IMAC Holdings, and Tesla, which reported record delivery numbers for Q2. On the other hand, Tattooed Chef fell by 46.9% after announcing its intention to file for voluntary Chapter 11 Bankruptcy protection. Other losers include Baudax Bio, VBI Vaccines, and Agile Therapeutics.
July 03, 2023 | 12:15 pm
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NEGATIVE IMPACT
Tattooed Chef shares fell 46.9% in pre-market trading after the company announced its intention to file for voluntary Chapter 11 Bankruptcy protection.
The announcement of Tattooed Chef's intention to file for voluntary Chapter 11 Bankruptcy protection has negatively impacted investor confidence, leading to a significant drop in its share price.
CONFIDENCE 95
IMPORTANCE 100
RELEVANCE 100
POSITIVE IMPACT
Fortress Biotech shares gained 38.2% in pre-market trading after its subsidiary company, Urica Therapeutics, disclosed topline data from a Phase 1 clinical trial.
The positive topline data from the Phase 1 clinical trial by Urica Therapeutics, a subsidiary of Fortress Biotech, has led to a significant increase in the company's share price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Micromobility.com shares surged 60% in pre-market trading after a recent strategic realignment to strengthen its financial position.
The company's strategic realignment to strengthen its financial position and drive profitability has been positively received by the market, leading to a surge in its share price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Tesla shares rose 6.2% in pre-market trading after the company reported record delivery numbers for the second quarter.
Tesla's record delivery numbers for the second quarter have exceeded market expectations, leading to a rise in its share price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100