Why Semler Scientific Shares Are Trading Higher By 40%; Here Are 20 Stocks Moving Premarket
Portfolio Pulse from Lisa Levin
Several stocks experienced significant pre-market movements. Amyris, Inc. (AMRS) shares dipped over 80% after filing for Chapter 11 bankruptcy. Semler Scientific, Inc. (SMLR) rose 40% after reporting better-than-expected Q2 results. Eton Pharmaceuticals, Inc. (ETON) gained 25.3% after posting upbeat Q2 results. WeWork Inc. (WE) rose 22.1% amid volatility and doubts over its ability to stay in business. Archer Aviation Inc. (ACHR) rose 22% after announcing a $215 million investment and a litigation settlement with Wisk Aero and Boeing. Other notable movers include 1847 Holdings LLC (EFSH), Innodata Inc. (INOD), Pagaya Technologies Ltd. (PGY), Rigetti Computing, Inc. (RGTI), and Matinas BioPharma Holdings, Inc. (MTNB).

August 11, 2023 | 12:23 pm
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NEGATIVE IMPACT
Amyris, Inc. filed for Chapter 11 bankruptcy, causing its shares to dip over 80% in pre-market trading.
Bankruptcy filings typically have a negative impact on a company's stock price as it indicates severe financial distress.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
NEUTRAL IMPACT
WeWork Inc. shares rose 22.1% in pre-market trading amid volatility and doubts over its ability to stay in business.
While the stock has risen, the company's future is uncertain due to doubts over its ability to stay in business, leading to potential volatility.
CONFIDENCE 70
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Archer Aviation Inc. shares rose 22% in pre-market trading after announcing a $215 million investment and a litigation settlement with Wisk Aero and Boeing.
The announcement of a significant investment and a litigation settlement are positive news that can boost a company's stock price.
CONFIDENCE 100
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Eton Pharmaceuticals, Inc. posted upbeat Q2 results, causing its shares to gain 25.3% in pre-market trading.
Positive earnings reports generally lead to an increase in a company's stock price as it indicates good financial health.
CONFIDENCE 100
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Semler Scientific, Inc. reported better-than-expected Q2 results, leading to a 40% rise in its shares in pre-market trading.
Positive earnings reports generally lead to an increase in a company's stock price as it indicates good financial health.
CONFIDENCE 100
IMPORTANCE 80
RELEVANCE 100