Why LQR House Shares Are Trading Higher By Around 16%; Here Are 20 Stocks Moving Premarket
Portfolio Pulse from Avi Kapoor
LQR House Inc. (NASDAQ:LQR) shares surged by approximately 16% in pre-market trading after Borg's investor group acquired a 20% stake in the company. The article also lists other stocks that are moving in the pre-market, with Rail Vision Ltd. (NASDAQ:RVSN) leading the gainers and Ault Alliance, Inc. (NYSE:AULT) heading the losers.
January 16, 2024 | 12:52 pm
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LQR House Inc. shares rose sharply by 16.1% to $4.25 in pre-market trading due to Borg's investor group acquiring a 20% stake in the company.
The acquisition of a significant stake by an investor group usually signals confidence in the company's future, potentially attracting more investors and driving up the stock price in the short term.
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