Why DLocal Shares Are Trading Higher By 25%; Here Are 20 Stocks Moving Premarket
Portfolio Pulse from Lisa Levin
Shares of several companies including Novo Integrated Sciences, EBET, DLocal Limited, Precision BioSciences, T2 Biosystems, STRATA Skin Sciences, The Alkaline Water Company, Lineage Cell Therapeutics, Tivic Health Systems, and Biophytis S.A. are trading higher in pre-market due to various reasons such as better-than-expected financial results, strategic transactions, and strong quarterly results. On the other hand, shares of Sacks Parente Golf, Coherent Corp., Castellum, Greenbrook TMS, Carmell Therapeutics Corporation, SRM Entertainment, SCYNEXIS, Tower Semiconductor, Trevena, and Mercury Systems are trading lower in pre-market due to reasons such as downbeat quarterly results, pricing of IPO, termination of merger deal, and weak forecasts.
August 16, 2023 | 12:19 pm
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POSITIVE IMPACT
Shares of Novo Integrated Sciences surged 40.9% in pre-market trading after the company issued an update on certain current actions and events and reported a year-over-year increase in third-quarter EPS results.
The surge in NVOS shares is due to the company's positive update on current actions and events and its YoY increase in Q3 EPS results.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Shares of Sacks Parente Golf fell 27.9% in pre-market trading after the company announced pricing of $12.8 million initial public offering of 3.2 million common shares at $4 per share.
The fall in SPGC shares is due to the company's announcement of its IPO pricing, which may have been lower than market expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100