It’s the beginning of the end as we break down all of the biggest pre-market stock movers for Friday!
News out of China, earnings, FDA updates, and more have stocks on the move this morning.
Let’s jump into that news below!
Pre-Market Stock Movers: 10 Top Gainers
- Fangdd Network Group (NASDAQ:DUO) stock is rocketing more than 71% as reports claim China plans to ease up on its market crackdowns.
- Zymeworks (NYSE:ZYME) shares are gaining over 42% after getting an unsolicited, non-binding bid from All Blue Falcons.
- Finch Therapeutics Group (NASDAQ:FNCH) stock is soaring more than 36% after revealing the removal of an FDA clinical hold.
- LogicBio Therapeutics (NASDAQ:LOGC) shares are surging over 34% in pre-market trading this morning.
- NewAge (NASDAQ:NBEV) stock is climbing more than 32% on no clear news this morning.
- Direxion Daily CSI China Internet Index Bull 2X Shares (NYSEARCA:CWEB) are rising over 21% with the recent China crackdown news.
- Direxion Daily FTSE China Bull 3x Shares (NYSEARCA:YINN) are sitting more than 18% higher for that same reason.
- NuCana (NASDAQ:NCNA) stock is jumping over 16% after releasing Q4 2021 earnings.
- Hub Group (NASDAQ:HUBG) shares are getting a more than 15% boost thanks to its earnings report for the first quarter of 2022.
- Bilibili (NASDAQ:BILI) stock is up over 15% after revealing NFTs for foreign buyers.
10 Top Losers
- Accolade (NASDAQ:ACCD) shares are plummeting close to 38% with the release of its most recent earnings report.
- Genocea Biosciences (NASDAQ:GNCA) stock is diving about 24% on workforce cuts and strategic alternatives plans.
- Direxion Daily FTSE China Bear 3x Shares (NYSEARCA:YANG) are taking a more than 18% beating in pre-market trading this morning.
- T Stamp (NASDAQ:IDAI) stock is retreating over 18% after a massive rally on a product launch yesterday.
- CooTek (Cayman) (NYSE:CTK) shares are falling nearly 18% after announcing plans for an ADS ratio change.
- Evoke Pharma (NASDAQ:EVOK) stock is dropping almost 17% after being granted new drug product exclusivity by the FDA for GIMOTI.
- GigaMedia (NASDAQ:GIGM) shares are decreasing more than 13% on no apparent news this morning.
- Statera BioPharma (NASDAQ:STAB) stock is slipping over 13% after announcing an agreement to sell its rights to naltrexone and met-enkephalin.
- Tenon Medical (NASDAQ:TNON) shares are dipping close to 13% following a downsized IPO yesterday.
- ProShares Ultrashort FTSE China 50 (NYSEARCA:FXP) stock closes out our pre-market stock movers down more than 12%.
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.