Why Nocera Are Trading Higher By Around 89%; Here Are 20 Stocks Moving Premarket
Portfolio Pulse from Lisa Levin
Several stocks are experiencing significant pre-market movements. Nocera, Inc. (NCRA) surged 88.7% after announcing plans to acquire Zhe Jiang Xin Shui Hu Digital Information, Ltd. Impel Pharmaceuticals Inc. (IMPL) gained 30.7% after being granted a U.S. Patent for a Parkinson's disease treatment. iMedia Brands, Inc. (IMBI) rose 27.4% after receiving a second Nasdaq non-compliance notice. On the losing side, 1847 Holdings LLC (EFSH) fell 40.5% after pricing a public offering, and Fresh Vine Wine, Inc. (VINE) fell 21.9% after a significant jump on Monday.
July 05, 2023 | 12:22 pm
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NEGATIVE IMPACT
1847 Holdings LLC fell after reporting pricing of a public offering.
The pricing of a public offering often leads to a dilution of existing shares, which can negatively impact the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
Fresh Vine Wine, Inc. fell after a significant jump on Monday.
The stock is likely experiencing a correction after a significant jump on Monday, which is a common occurrence in the stock market.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100
POSITIVE IMPACT
Impel Pharmaceuticals Inc. shares gained after being granted a U.S. Patent for a Parkinson's disease treatment.
The patent grant is a positive development for Impel Pharmaceuticals, potentially leading to increased revenues from the patented treatment.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Nocera, Inc. shares surged after announcing plans to acquire Zhe Jiang Xin Shui Hu Digital Information, Ltd.
The acquisition announcement is a positive development for Nocera, Inc., which could potentially boost its market position and financial performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100