Why Smith & Wesson Brands Shares Are Trading Higher By 12%; Here Are 20 Stocks Moving Premarket
Portfolio Pulse from Lisa Levin
Smith & Wesson Brands, Inc. (NASDAQ:SWBI) shares gained 11.5% in pre-market trading after the company reported better-than-expected financial results. Other pre-market gainers include Impel Pharmaceuticals Inc. (NASDAQ:IMPL), AGBA Group Holding Limited (NASDAQ:AGBA), BioNexus Gene Lab Corp. (NASDAQ:BGLC), and Faraday Future Intelligent Electric Inc. (NASDAQ:FFIE). On the other hand, Grom Social Enterprises, Inc. (NASDAQ:GROM), Digital Media Solutions, Inc. (NYSE:DMS), Kaixin Auto Holdings (NASDAQ:KXIN), Rosecliff Acquisition Corp I (NASDAQ:RCLF), and Inpixon (NASDAQ:INPX) fell in pre-market trading.
September 08, 2023 | 12:28 pm
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POSITIVE IMPACT
Smith & Wesson Brands, Inc. shares gained 11.5% in pre-market trading after the company reported better-than-expected financial results.
The company's better-than-expected financial results have led to a positive sentiment among investors, leading to a rise in the company's share price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Grom Social Enterprises, Inc. fell 35.8% in pre-market trading after the company reported a 1-for-20 reverse stock split.
The company's announcement of a 1-for-20 reverse stock split has led to a negative sentiment among investors, leading to a drop in the company's share price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100