Good morning, trader! We’re jumping right into another busy day of trading with a breakdown of the biggest pre-market stock movers for Tuesday!
There’s a wide variety of reasons for shares moving today. They range from earnings reports to retail traders short-squeezing their favorite stocks.
Let’s jump into those pre-market stock movers below!
Pre-Market Stock Movers: 10 Top Gainers
- Sunlands Technology (NYSE:STG) stock is rocketing more than 1,111% due to a 2-for-25 reverse ADS split.
- Sonnet BioTherapeutics (NASDAQ:SONN) shares are soaring over 47% higher on news of it picking a new pipeline candidate.
- Siyata Mobile (NASDAQ:SYTA) stock is flying more than 37% higher despite a lack of news this morning.
- Spok Holdings (NASDAQ:SPOK) shares are gaining 21% after Arcadia Research floated around the idea of buying the company.
- Latch (NASDAQ:LTCH) stock is climbing nearly 14% higher on no clear news today.
- Regional Health Properties (NYSEAMERICAN:RHE) shares are increasing almost 12% on what could be a short-squeeze.
- Borr Drilling (NYSE:BORR) stock is getting an over 11% boost after releasing its Q2 earnings report.
- Digital Turbine (NASDAQ:APPS) shares are increasing more than 10% on news it will join the S&P MidCAp 400.
- Baosheng Media Group (NASDAQ:BAOS) stock is rising over 7% on no clear news this morning.
- Rekor Systems (NASDAQ:REKR) stock is up more than 7% in pre-market trading today.
10 Top Losers
- Zoom Video Communications (NASDAQ:ZM) stock is falling over 11% after releasing its Q2 earnings report.
- Lufax Holding (NYSE:LU) shares are taking a more than 9% beating ahead of normal trading hours today.
- Globalstar (NYSEAMERICAN:GSAT) stock is dropping close to 9% after iPhone 13 rumors sent is soaring yesterday.
- RenovoRx (NASDAQ:RNXT) shares are decreasing over 7% after gaining for days following its IPO.
- Mechel PAO (NYSE:MTL) stock is declining about 7% after announcing changes to its leadership team.
- StoneCo (NASDAQ:STNE) shares are also dipping about 7% following the release of its most recent earnings report.
- Arcadia Biosciences (NASDAQ:RKDA) stock is losing close to 7% of its value this morning.
- Iridium Communications (NASDAQ:IRDM) shares are heading more than 6% lower after running higher alongside Globalstar yesterday.
- Direxion Daily FTSE China Bear 3x Shares (NYSEARCA:YANG) are slipping nearly 5% this morning.
- Direxion Emerging Markets Bear 3X Shares (NYSEARCA:EDZ) close out the pre-market stock movers for today down over 4%.
On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.