Why Delcath Systems Shares Are Trading Higher By Around 58%; Here Are 20 Stocks Moving Premarket
Portfolio Pulse from Lisa Levin
Delcath Systems, Inc. (DCTH) shares surged 57.7% after the FDA approval of HEPZATO KIT™ for the treatment of adult patients with unresectable hepatic-dominant metastatic uveal melanoma. Sonim Technologies, Inc. (SONM) rose 29.1% after reporting a 125% revenue increase in Q2. F45 Training Holdings Inc. (FXLV) fell 62.7% after announcing its intent to voluntarily delist and deregister its securities. Altisource Asset Management Corporation (AAMC) shares fell 61.3% after posting a wider Q2 loss.

August 15, 2023 | 12:17 pm
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POSITIVE IMPACT
Delcath Systems, Inc. shares surged after FDA approval of HEPZATO KIT.
The FDA approval of HEPZATO KIT is a significant positive development for Delcath Systems, Inc. This is likely to boost the company's revenues and profitability in the future.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
POSITIVE IMPACT
Sonim Technologies, Inc. shares rose after reporting a 125% revenue increase in Q2.
The significant increase in Q2 revenue is a positive development for Sonim Technologies, Inc. This indicates strong demand for the company's products and services.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
NEGATIVE IMPACT
Altisource Asset Management Corporation shares fell after posting a wider Q2 loss.
The wider Q2 loss is a negative development for Altisource Asset Management Corporation. This indicates that the company's profitability is under pressure.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
NEGATIVE IMPACT
F45 Training Holdings Inc. shares fell after announcing its intent to voluntarily delist and deregister its securities.
The decision to voluntarily delist and deregister its securities is a negative development for F45 Training Holdings Inc. This could lead to reduced liquidity and investor interest in the company's shares.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100