24 Stocks Moving in Wednesday's Pre-Market Session

Gainers

• Catabasis Pharmaceuticals, Inc. CATB rose 43.6% to $2.93 in pre-market trading after a 13G filing from Ra Capital showed a 7.5% stake in the company.
• Greenland Technologies Holding Corporation GTEC shares rose 34.5% to $12.23 in pre-market trading after the company announced the launch of an online EV pre-booking service for its new GEL-1800 1.8 ton Electric Loader and its GEX-8000 Electric Excavator.
• Forward Industries, Inc. FORD shares rose 33.7% to $3.65 in pre-market trading after the company announced a U.S. distribution agreement with Chipolo.
• SPI Energy Co., Ltd. SPI rose 16.2% to $7.62 in pre-market trading. SPI Energy’s unit, Phoenix Motorcars, recently announced it started production of third-generation electric products.
• Xcel Brands, Inc. XELB rose 14.1% to $2.35 in pre-market trading after declining over 10% on Tuesday. Xcel Brands will join Russell Microcap Index, effective June 28.
• Entera Bio Ltd. ENTX rose 8.6% to $4.05 in pre-market trading.
• Quhuo Limited QH rose 8.5% to $4.66 in pre-market trading following a 3% decline on Tuesday.
• Camber Energy, Inc. CEI rose 7.1% to $0.7387 in pre-market trading.
• Arrival ARVL rose 6.8% to $21.27 in pre-market trading after gaining around 6% on Tuesday.
• Venus Concept Inc. VERO rose 6.6% to $2.59 in pre-market trading after gaining over 4% on Tuesday.
• Digital Brands Group, Inc. DBGI rose 6.4% to $3.47 in pre-market trading. Digital Brands Group yesterday announced LOI to acquire Stateside.
• Torchlight Energy Resources, Inc. TRCH rose 6% to $5.37 in pre-market trading. Torchlight Energy Resources shares jumped around 42% on Tuesday after the company late Monday declared a special dividend and said its combination with Metamaterial is expected to close before the end of June.
• Ocugen, Inc. OCGN rose 5% to $6.57 in pre-market trading. Ocugen recently selected Jubilant HollisterStier of Spokane, Washington as its manufacturing partner for COVID-19 vaccine candidate, Covaxin for the U.S. and Canadian markets.

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Check out these big penny stock gainers and losers

Losers

• Inhibikase Therapeutics, Inc. IKT fell 26% to $2.99 in pre-market trading after the company priced an underwritten public offering of 15 million shares at $3.00 per share.
• Blue Apron Holdings, Inc. APRN fell 13.4% to $4.79 in pre-market trading after the company announced a proposed public offering of its Class A common stock.
• TDH Holdings, Inc. PETZ fell 6.9% to $2.98 in pre-market trading after jumping 19% on Tuesday.
• Roblox Corporation RBLX fell 6.7% to $83.75 in pre-market trading after announcing May user statistics. In the month of May, daily active users were 43.0 million for Roblox. This figure was up 28% year-over-year and down 1% from the month of April..
• Alfi, Inc. ALF shares fell 6.5% to $6.52 in pre-market trading. Alfi shares climbed 104% on Tuesday after the company inked an agreement with All-Niter for the fulfillment, staging, and shipment of the first 10,000 digital tablets to countrywide Uber Technologies.
• Alzamend Neuro, Inc. ALZN shares fell 6.2% to $12.66 in pre-market trading. Alzamend Neuro shares jumped 170% on Tuesday after the company priced its IPO at $5 per share
• Aluminum Corporation of China Limited ACH shares fell 5.9% to $13.00 in pre-market trading.
• Clearside Biomedical, Inc. CLSD shares fell 5.8% to $3.92 in pre-market trading. Clearside Biomedical shares surged around 38% on Tuesday after the company announced safety results from Cohort 1 of OASIS, its ongoing Phase 1/2a clinical trial of CLS-AX in wet AMD. Primary endpoints in Cohort 1 were achieved.
• Hudson Capital Inc. HUSN fell 5.7% to $3.47 in pre-market trading.
• Oracle Corporation ORCL fell 4.8% to $77.77 in pre-market trading. Oracle reported upbeat results for its fourth quarter, but issued weak profit forecast for the current quarter.
• Document Security Systems, Inc. DSS fell 4.5% to $1.74 in pre-market trading. Document Security Systems shares fell 34% on Tuesday after the company announced it priced a $43.5 million public offering of common stock. The public offering equates to 29,000,000 shares of the company's common stock at a price of $1.50 per share.