Why Exicure Shares Are Trading Higher By Around 180%; Here Are 20 Stocks Moving Premarket
Portfolio Pulse from Avi Kapoor
Exicure, Inc. (NASDAQ:XCUR) shares surged 179.9% in pre-market trading after receiving a Nasdaq listing extension. Other notable pre-market movers include Zeo Energy Corp. (NASDAQ:ZEO) up 288.9%, Telesis Bio, Inc. (NASDAQ:TBIO) up 138.4%, and Venus Concept Inc. (NASDAQ:VERO) up 82.8%.
September 19, 2024 | 9:26 am
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POSITIVE IMPACT
Telesis Bio shares rose 138.4% in pre-market trading after the company announced its decision to delist from Nasdaq.
The decision to delist may have been interpreted positively by investors, possibly due to strategic reasons or cost savings.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 80
POSITIVE IMPACT
Venus Concept shares increased 82.8% in pre-market trading after receiving Australian regulatory approval for Venus Bliss MAX.
The regulatory approval in Australia is a positive development, likely boosting investor confidence and driving the stock price up.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 85
POSITIVE IMPACT
Exicure shares rose 179.9% in pre-market trading after the company received an extension from the Nasdaq Hearings Panel for continued listing, with a compliance deadline set for Nov. 14.
The significant pre-market price increase is directly linked to the positive news of a Nasdaq listing extension, which alleviates immediate delisting concerns.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
Zeo Energy Corp. shares gained 288.9% in pre-market trading, rebounding from a 9% decline the previous day.
The sharp increase in Zeo Energy's stock price suggests a strong rebound, possibly driven by market sentiment or speculative trading.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80