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Why Modular Medical Shares Are Trading Higher By Around 29%; Here Are 20 Stocks Moving Premarket

Benzinga·09/05/2024 09:33:04
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Shares of Modular Medical, Inc. (NASDAQ:MODD) rose sharply in today's pre-market trading.

The company announced the FDA clearance of the MODD1 insulin pump.

Modular Medical shares jumped 29.1% to $2.53 in the pre-market trading.

Here are some other stocks moving in pre-market trading.

Gainers

  • Eastside Distilling, Inc. (NASDAQ:EAST) gained 177.2% to $2.11 in pre-market trading as the company announced plans to merge with Beeline Financial Holdings Inc., marking strategic expansion into FinTech mortgage services.
  • YY Group Holding Limited (NASDAQ:YYGH) rose 47.3% to $1.37 in today's pre-market trading after gaining 10% on Wednesday.
  • Volato Group, Inc. (NYSE:SOAR) gained 29.2% to $0.54 in pre-market trading after the company announced it entered into a strategic agreement to transition the management of its fleet operations to flyExclusive.
  • Safe and Green Development Corporation (NASDAQ:SGD) gained 18.4% to $0.31 in the pre-market trading session.
  • Thunder Power Holdings, Inc.  (NASDAQ:AIEV) gained 15.3% to $0.83 in pre-market trading after reporting unaudited second quarter 2024 financial results.
  • Faraday Future Intelligent Electric Inc. (NASDAQ:FFIE) rose 12.8% to $5.91 in pre-market trading after jumping around 53% on Wednesday. The company began its “Your Vision, Our Drive: Co-Creating the Future of Affordable AI EVs” campaign.
  • Shuttle Pharmaceuticals Holdings, Inc. (NASDAQ:SHPH) shares gained 12.2% to $2.66 in pre-market trading after the company issued second-quarter corporate update.
  • TuanChe Limited (NASDAQ:TC) gained 10.9% to $1.93 in pre-market trading.
  • Tempus AI, Inc (NASDAQ:TEM) gained 5.2% to $56.50 in pre-market trading.

Losers

  • C3.ai, Inc. (NYSE:AI) fell 18.7% to $18.70 in pre-market trading after the company announced first-quarter results.
  • 180 Life Sciences Corp. (NASDAQ:ATNF) shares fell 18% to $2.05 in pre-market trading after jumping 41% on Wednesday.
  • Verint Systems Inc. (NASDAQ:VRNT) shares fell 15% to $25.40 in pre-market trading after the company reported worse-than-expected second-quarter financial results and announced a new $200 million stock buyback program.
  • Tantech Holdings Ltd (NASDAQ:TANH) shares declined 13.6% to $0.1615 in pre-market trading after gaining 35% on Wednesday.
  • Credo Technology Group Holding Ltd (NASDAQ:CRDO) shares declined 13.1% to $27.20 in pre-market trading following first-quarter results.
  • Addentax Group Corp (NASDAQ:ATXG) fell 12.5% to $0.54 in pre-market trading after jumping 21% on Wednesday.
  • Focus Universal Inc. (NASDAQ:FCUV) fell 11.8% to $0.2989 in today's pre-market trading after gaining 12% on Wednesday.
  • LQR House Inc (NASDAQ:LQR) shares fell 11.4% to $0.70 in pre-market trading. LQR House shares jumped over 22% on Wednesday after the company reported a 540% year-over-year increase in revenue for August 2024..
  • ChargePoint Holdings, Inc. (NYSE:CHPT) declined 8.9% to $1.54 in pre-market trading after the company reported worse-than-expected second-quarter revenue results.
  • StoneCo Ltd. (NASDAQ:STNE) shares dipped 8.2% to $11.58 in pre-market trading.

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