40 Stocks Moving in Wednesday's Pre-Market Session

Gainers

• Fangdd Network Group Ltd. DUO rose 57.1% to $0.4198 in pre-market trading.
• KE Holdings Inc. BEKE shares rose 38.5% to $12.57 in pre-market trading. JP Morgan, on Monday, downgraded KE Holdings from Overweight to Underweight and lowered the price target from $22 to $7.5.
• DiDi Global Inc. DIDI rose 36.6% to $2.46 in pre-market trading.
• Pinduoduo Inc. PDD rose 34% to $36.60 in pre-market trading. JP Morgan, on Monday, downgraded Pinduoduo from Overweight to Underweight and lowered the price target from $105 to $23.
• Kingsoft Cloud Holdings Limited KC rose 31.5% to $4.22 in pre-market trading as the company said it is weighing a dual listing of shares on the Hong Kong Stock Exchange.
• VNET Group, Inc. VNET rose 31.1% to $5.01 in pre-market trading after gaining around 5% on Tuesday.
• ATRenew Inc. RERE rose 30.8% to $3.10 in pre-market trading. ATRenew recently reported better-than-expected Q4 sales results.
• Bilibili Inc. BILI rose 30.3% to $24.58 in pre-market trading. JP Morgan, on Monday, downgraded Bilibili from Overweight to Underweight.
• GDS Holdings Limited GDS rose 30.2% to $31.73 in pre-market trading after gaining over 15% on Tuesday.
• Full Truck Alliance Co. Ltd. YMM rose 30% to $6.50 in pre-market trading after gaining around 8% on Tuesday.
• Futu Holdings Limited FUTU rose 28.7% to $33.77 in pre-market trading. Futu, last week, reported Q4 earnings results.
• Dingdong (Cayman) Limited DDL rose 27.5% to $3.25 in pre-market trading after dropping around 14% on Tuesday.
• UP Fintech Holding Limited TIGR shares rose 26.5% to $3.90 in pre-market trading following a 10% surge on Tuesday.
• Kanzhun Limited BZ rose 25% to $23.04 in pre-market trading after climbing 15% on Tuesday.
• Zhihu Inc. ZH rose 25% to $1.80 in pre-market trading. Zhihu recently reported worse-than-expected Q4 EPS results.
• Tencent Music Entertainment Group TME rose 24.6% to $4.46 in pre-market trading after climbing around 15% on Tuesday.
• Waterdrop Inc. WDH rose 24.2% to $1.13 in pre-market trading.
• iQIYI, Inc. IQ rose 24.2% to $2.62 in pre-market trading. JP Morgan, on Monday, downgraded iQIYI from Overweight to Underweight.
• RLX Technology Inc. RLX rose 22.8% to $2.10 in pre-market trading. RLX Technology, last week, reported Q4 earnings results.
• JOYY Inc. YY rose 22.6% to $31.15 in pre-market trading following Q4 results.
• Li Auto Inc. LI rose 22% to $24.10 in pre-market trading after gaining 12% on Tuesday.
• Baozun Inc BZUN rose 21.9% to $7.28 in pre-market trading. JP Morgan, on Monday, downgraded Baozun from Overweight to Underweight.
• 360 DigiTech, Inc. QFIN rose 21.4% to $14.55 in pre-market trading. 360 DigiTech recently reported Q4 earnings results.
• Trip.com Group Limited TCOM shares rose 21.3% to $22.06 in pre-market trading. JP Morgan, on Monday, downgraded Trip.com Group from Overweight to Neutral.
• Tuya Inc. TUYA rose 19.6% to $2.38 in pre-market trading. Tuya recently posted Q4 loss of $0.06 per share.
• Dada Nexus Limited DADA rose 19.5% to $7.04 in pre-market trading. JP Morgan, on Monday, downgraded Dada Nexus from Overweight to Neutral.
• I-Mab IMAB rose 19.1% to $16.05 in pre-market trading after gaining around 8% on Tuesday.
• Alibaba Group Holding Limited BABA rose 19.1% to $91.50 in pre-market trading. JPMorgan, on Monday, downgraded Alibaba Group to Underweight from Overweight.
• HUYA Inc. HUYA rose 18.1% to $4.30 in pre-market trading. JP Morgan, on Monday, downgraded HUYA from Neutral to Underweight.
• Huize Holding Limited HUIZ shares rose 15.5% to $0.7741 in pre-market trading. Huize Holding is expected to report Q4 financial results on March 18, 2022.

Losers

• Tantech Holdings Ltd TANH shares fell 58.1% to $0.6690 in pre-market trading. Tantech said it intends to offer its securities in a public offering.
• Incannex Healthcare Limited IXHL fell 52% to $16.89 in pre-market trading after jumping 55% on Tuesday.
• Sonim Technologies, Inc. SONM shares fell 20.9% to $0.9650 in pre-market trading. Sonim Technologies shares jumped 103% on Tuesday after the company announced its XP8 smartphone has integrated with the Walkie Talkie in Microsoft Teams.
• TRACON Pharmaceuticals, Inc. TCON fell 18.5% to $2.20 in pre-market trading. Tracon Pharmaceuticals filed for mixed shelf of up to $150 million.
• Membership Collective Group Inc. MCG shares fell 16.5% to $5.77 in pre-market trading following weak quarterly results. The company’s CFO Humera Afzal will also leave his position in June.
• Surgalign Holdings, Inc. SRGA shares fell 15.2% to $0.28 in pre-market trading. Surgalign Holdings posted Q4 adjusted loss of $0.11 per share.
• Creative Realities, Inc. CREX fell 14.2% to $0.70 in pre-market trading. Creative Realities is expected to release its financial results for the year ended December 31, 2021 on Tuesday, March 22, 2022.
• Lands' End, Inc. LE fell 11.1% to $14.00 in pre-market trading after reporting downbeat quarterly results.
• Direct Digital Holdings, Inc. DRCT fell 8.5% to $2.46 in pre-market trading.
• AgriFORCE Growing Systems, Ltd. AGRI fell 6.4% to $3.52 in pre-market trading after dropping 5% on Tuesday.