Why China Natural Resources Shares Are Trading Higher By Around 64%; Here Are 20 Stocks Moving Premarket
Portfolio Pulse from Lisa Levin
China Natural Resources, Inc. (NASDAQ:CHNR) shares surged 63.5% in pre-market trading after agreeing to sell all outstanding shares of Precise Space-Time Technology Limited to Feishang Group Limited. Other pre-market gainers include FOXO Technologies Inc. (NYSE:FOXO), Aurora Acquisition Corp. (NASDAQ:AURC), Nano Labs Ltd (NASDAQ:NA), and Connexa Sports Technologies Inc. (NASDAQ:CNXA). On the other hand, Navidea Biopharmaceuticals, Inc. (NYSE:NAVB) fell 22.4% in pre-market trading after announcing NYSE American has commenced delisting proceedings.

July 31, 2023 | 12:31 pm
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NEGATIVE IMPACT
Navidea Biopharmaceuticals, Inc. shares fell after announcing NYSE American has commenced delisting proceedings.
The commencement of delisting proceedings by NYSE American has led to a fall in the share price of Navidea Biopharmaceuticals, Inc. This indicates a negative market reaction to the news.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
China Natural Resources, Inc. shares surged after selling all outstanding shares of Precise Space-Time Technology Limited.
The sale of all outstanding shares of Precise Space-Time Technology Limited to Feishang Group Limited has led to a surge in the share price of China Natural Resources, Inc. This indicates a positive market reaction to the deal.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100