It’s time to start the day with a breakdown of the biggest pre-market stock movers for Tuesday morning!
Moving stocks this morning are earnings reports, talk of changes to lockdowns in China, and more.
Let’s get into that news below!
Pre-Market Stock Movers: 10 Top Gainers
- Quotient (NYSE:QUOT) stock is rocketing more than 62% ahead of a reverse stock split on Thursday.
- Abiomed (NASDAQ:ABMD) shares are soaring over 48% on news of a $16.6 billion acquisition deal.
- OneConnect Financial Tech (NYSE:OCFT) stock is surging more than 41% with the release of its Q3 2022 earnings report.
- Jiuzi (NASDAQ:JZXN) shares are rising over 19% in pre-market trading today.
- Avinger (NASDAQ:AVGR) stock is gaining more than 19% without any recent news.
- PhaseBio Pharmaceuticals (NASDAQ:PHAS) shares are climbing over 15% following a delisting notice as it navigates bankruptcy.
- Direxion Daily FTSE China Bull 3x Shares (NYSEARCA:SOXL) are increasing more than 15% on rumors of lockdowns in China ending.
- Direxion Daily CSI China Internet Index Bull 2X Shares (NYSEARCA:CWEB) are getting an over 15% boost as Chinese stocks rally.
- Adagene (NASDAQ:ADAG) stock is jumping more than 14% this morning.
- Cardio Diagnostics (NASDAQ:CDIO) shares are up over 14% following a recent public debut.
10 Top Losers
- Varonis Systems (NASDAQ:VRNS) stock is plummeting more than 31% after cutting guidance in its latest earnings report.
- Acorda Therapeutics (NASDAQ:ACOR) shares are diving over 18% following a major rally yesterday.
- Argo Blockchain (NASDAQ:ARBK) stock is tumbling roughly 18% as a failed funding deal continues to hammer shares.
- Direxion Daily FTSE China Bear 3x Shares (NYSEARCA:SOXL) are taking a more than 16% beating alongside the lockdown talk in China.
- Revelation Biosciences (NASDAQ:REVB) stock is sliding close to 10% as shares pull back from a rally last week.
- Flora Growth (NASDAQ:FLGC) shares are falling over 9% after heading higher on Monday.
- NextPlay Technologies (NASDAQ:NXTP) stock is dropping more than 9% on no clear news this morning.
- Applied DNA Sciences (NASDAQ:APDN) shares are slipping almost 9% despite a lack of news today.
- Trex (NYSE:TREX) stock is dipping over 8% after missing estimates for Q3 2022.
- Ever-Glory (NASDAQ:EVK) shares close out our pre-market stock movers down more than 8% after rallying on stock repurchase program news.
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.