Why ProMIS Neurosciences Shares Are Trading Higher By 33%; Here Are 20 Stocks Moving Premarket
Portfolio Pulse from Lisa Levin
ProMIS Neurosciences shares surged 32.9% in pre-market trading after announcing a $20.4 million private placement financing at $1.88 per unit. Other pre-market gainers include Axcella Health, G Medical Innovations Holdings, Freight Technologies, and Hallmark Financial Services. On the other hand, Tingo Group, MediaCo Holding, China SXT Pharmaceuticals, Dragonfly Energy Holdings, and SOS Limited were among the pre-market losers.
August 22, 2023 | 12:31 pm
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Tingo Group shares fell 31.4% in pre-market trading after the company announced it had further postponed its second-quarter earnings release and filing of its form 10-Q for the period ended June 30, 2023.
The drop in Tingo Group's share price is likely due to the company's announcement that it has further postponed its second-quarter earnings release and filing of its form 10-Q. This could indicate potential issues with the company's financials, which could negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
ProMIS Neurosciences shares surged 32.9% in pre-market trading after announcing a $20.4 million private placement financing at $1.88 per unit.
The surge in ProMIS Neurosciences' share price is likely due to the announcement of a $20.4 million private placement financing at $1.88 per unit. This indicates strong investor confidence in the company, which could drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100