Why Expion360 Holdings Shares Are Trading Higher By 13%; Here Are 20 Stocks Moving Premarket
Portfolio Pulse from Lisa Levin
Shares of several companies including Electra Battery Materials Corporation, Carmell Therapeutics Corporation, Yoshiharu Global Co., AppHarvest, Inc., Enzo Biochem, Inc., Biophytis S.A., Expion360 Inc., Agrify Corporation, FaZe Holdings Inc., and Aravive, Inc. are trading higher in pre-market. On the other hand, shares of Bellerophon Therapeutics, Inc., NeuroOne Medical Technologies Corporation, Spark Networks SE, ABVC BioPharma, Inc., ETAO International Co., Ltd., Aurora Acquisition Corp., Knightscope, Inc., Crown ElectroKinetics Corp., PaxMedica, Inc., and Lytus Technologies Holdings PTV. Ltd. are trading lower in pre-market.

July 25, 2023 | 12:26 pm
News sentiment analysis
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POSITIVE IMPACT
Carmell Therapeutics Corporation shares rose 52% in pre-market trading after falling over 36% on Monday.
The significant rise in Carmell Therapeutics Corporation's stock price in pre-market trading could be a rebound from the previous day's drop. This suggests that investors may see the previous day's drop as an overreaction and are buying the stock at a lower price.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Electra Battery Materials Corporation shares surged 59% in pre-market trading after its battery grade cobalt supply agreement with LG Energy Solution was extended and expanded.
The extension and expansion of the supply agreement with LG Energy Solution is a positive development for Electra Battery Materials Corporation, which is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Expion360 Inc. shares climbed 12.6% in pre-market trading after the company expanded its sales and distribution partnership with Meyer Distributing.
The expansion of the sales and distribution partnership with Meyer Distributing is a positive development for Expion360 Inc., which is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
AppHarvest, Inc. shares gained 25% in pre-market trading after the company announced Chapter 11 filing to support a financial and operational transition.
The Chapter 11 filing by AppHarvest, Inc. indicates financial distress, which is typically a negative signal for investors. However, the stock price is up in pre-market trading, which could be due to investors seeing potential value in the company's restructuring plans.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100
NEGATIVE IMPACT
Bellerophon Therapeutics, Inc. shares fell 47.7% in pre-market trading.
The significant drop in Bellerophon Therapeutics, Inc.'s stock price in pre-market trading suggests negative sentiment among investors. The exact reason for the drop is not mentioned in the news, but it could be due to a variety of factors such as poor financial performance, negative news, or market trends.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 100