Why Tellurian Shares Are Trading Higher By Around 65%; Here Are 20 Stocks Moving Premarket
Portfolio Pulse from Avi Kapoor
Shares of Tellurian Inc. (NASDAQ:TELL) surged 65% in pre-market trading after Woodside Energy announced plans to acquire the company for $900 million in an all-cash deal. Other notable pre-market movers include Netcapital Inc. (NASDAQ:NCPL), Serve Robotics Inc. (NASDAQ:SERV), and Ryanair Holdings plc (NASDAQ:RYAAY).
July 22, 2024 | 9:24 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Netcapital Inc. shares rose 43.8% in pre-market trading after the company announced the launch of the beta version of its secondary trading platform.
The launch of a new trading platform is a significant development that could drive investor interest and stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Serve Robotics Inc. shares gained 36.8% in pre-market trading after Nvidia disclosed a stake in the company.
Nvidia's stake in Serve Robotics is a strong endorsement that could boost investor confidence and drive the stock price higher.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 70
POSITIVE IMPACT
Tellurian Inc. shares surged 65% in pre-market trading following the announcement of a $900 million all-cash acquisition by Woodside Energy.
The acquisition by Woodside Energy at a significant premium is a strong positive catalyst for Tellurian's stock price in the short term.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
NEGATIVE IMPACT
Ryanair Holdings plc shares fell 11.6% in pre-market trading after the company reported a 46% drop in profits for the three months ending June 30.
A significant drop in quarterly profits is a negative catalyst likely to drive the stock price lower in the short term.
CONFIDENCE 95
IMPORTANCE 85
RELEVANCE 90