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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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
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