Why BEST Shares Are Trading Higher By Around 12%; Here Are 20 Stocks Moving Premarket
Portfolio Pulse from Lisa Levin
Several stocks are experiencing significant pre-market trading movements. Carbon Revolution Public Limited (NASDAQ:CREV) shares surged 358% after a merger with Twin Ridge Capital Acquisition Corp. Sensei Biotherapeutics, Inc. (NASDAQ:SNSE) shares rose 25.8% following clinical data for SNS-101. Digital Brands Group, Inc. (NASDAQ:DBGI) shares gained 21.7%. Warrantee Inc. (NASDAQ:WRNT) rose 21.4%. RiceBran Technologies (NASDAQ:RIBT) shares climbed 21%. POSCO Holdings Inc. (NYSE:PKX) shares jumped 18.1% following a government ban on short selling in South Korea. BEST Inc. (NYSE:BEST) shares rose 12.1% after receiving a preliminary non-binding proposal to acquire the company. On the other hand, several stocks dipped in pre-market trading, including RiskOn International, Inc. (NASDAQ:ROI), Benson Hill, Inc. (NYSE:BHIL), and ADC Therapeutics SA (NYSE:ADCT).
November 06, 2023 | 1:08 pm
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POSITIVE IMPACT
BEST Inc.'s shares rose 12.1% after receiving a preliminary non-binding proposal to acquire the company.
The receipt of a preliminary non-binding proposal to acquire the company has increased the value of BEST Inc.'s shares.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
POSITIVE IMPACT
Carbon Revolution's shares surged 358% after a merger with Twin Ridge Capital Acquisition Corp.
The merger with Twin Ridge Capital Acquisition Corp has significantly increased the value of Carbon Revolution's shares.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
POSITIVE IMPACT
Sensei Biotherapeutics' shares rose 25.8% following clinical data for SNS-101.
The release of positive clinical data for SNS-101 has increased the value of Sensei Biotherapeutics' shares.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
NEGATIVE IMPACT
RiskOn International's shares dipped 16.8% in pre-market trading.
There is a decrease in the value of RiskOn International's shares in pre-market trading.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100