Why GameStop Shares Are Trading Higher By Around 18%; Here Are 20 Stocks Moving Premarket
Portfolio Pulse from Avi Kapoor
GameStop shares surged 17.6% in pre-market trading after completing its at-the-market equity offering program, raising $933.4 million. Other notable pre-market movers include Sharps Technology, Calliditas Therapeutics, and Yoshitsu Co., among others.
May 28, 2024 | 12:04 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Applied UV shares fell 11.1% in pre-market trading after a 34% drop on Friday following a Chapter 11 bankruptcy filing.
The Chapter 11 bankruptcy filing is a significant negative event, likely leading to further declines in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 50
POSITIVE IMPACT
Calliditas Therapeutics shares gained 74.6% in pre-market trading after the board recommended acceptance of Asahi Kasei’s tender offer.
The board's recommendation to accept a tender offer is a strong positive signal, likely driving the stock price up in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 50
POSITIVE IMPACT
GameStop shares rose 17.6% in pre-market trading after the company completed its at-the-market equity offering program, raising $933.4 million.
The completion of the equity offering program and the significant capital raised are positive signals for investors, likely driving the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
Sharps Technology shares rose 131.2% in pre-market trading after a 13% increase on Friday.
The sharp increase in share price suggests strong investor interest, likely leading to continued upward momentum in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 50
POSITIVE IMPACT
Yoshitsu Co. shares gained 55.8% in pre-market trading after a 38% increase on Friday.
The significant increase in share price indicates strong investor interest, likely leading to continued upward momentum in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 50