Why Motorsport Games Shares Are Trading Higher By 132%; Here Are 20 Stocks Moving Premarket

Gainers

• Motorsport Games Inc. MSGM shares rose 131.8% to $6.12 in pre-market trading. Motorsport Games entered into a debt-for-equity exchange agreement with its majority stockholder, Motorsport Network, LLC. Investor Mike Zoi reported purchase of 338,983 shares of Motorsport Games at an average price of $2.95 per share in Form 4 Filing on Monday.
• Panbela Therapeutics, Inc. PBLA shares rose 43.2% to $2.19 in pre-market trading. Panbela Therapeutics 13G filing showed Lind Global Partners reported a 9.9% passive stake in the company.
• ContraFect Corporation CFRX rose 43.1% to $0.0880 in pre-market trading after dropping 10% on Monday. ContraFect recently announcesd lopsided interim results from pivotal bacterial infection study.
• Ucommune International Ltd UK rose 24% to $1.81 in pre-market trading after gaining over 4% on Monday.
• BuzzFeed, Inc. BZFD rose 15.7% to $3.17 in pre-market trading after dropping 29% on Monday. The company recently said it would use ChatGPT to help create content.
• Troika Media Group, Inc. TRKA shares rose 10.5% to $0.21 in pre-market trading after gaining 21% on Monday.
• FOXO Technologies Inc. FOXO rose 9.7% to $1.02 in pre-market trading after dropping around 7% on Monday.
• Greenlane Holdings, Inc. GNLN rose 8.3% to $0.4730 in pre-market trading. Greenlane recently said Lana Reeve will be the company's new Chief Financial and Legal Officer.
• Sanmina Corp SANM rose 7.1% to $59.50 in pre-market trading after the company posted better-than-expected earnings for its first quarter and issued strong FY23 guidance.
• Jianzhi Education Technology Group Company Limited JZ rose 6.3% to $1.70 in pre-market trading. Jianzhi Education Technology Group Company, last month, posted 1H revenues of $38.8 million.

Losers

• Sidus Space, Inc. SIDU fell 32.9% to $0.5970 in pre-market trading after dropping 16% on Monday. Sidus Space recently expanded commercial data distribution strategy through agreement with SkyWatch.
• Blue Star Foods Corp. BSFC shares fell 16.5% to $0.3480 in pre-market trading after gaining over 10% on Monday. Blue Star Foods, during November, posted a Q3 loss of $0.15 per share.
• BigBear.ai Holdings, Inc. BBAI shares dropped 15.1% to $3.38 in pre-market trading. BigBear.ai filed for shelf offering of up to 27.8 million shares of common stock by selling stockholder.
• Heart Test Laboratories, Inc. HSCS fell 14.5% to $2.01 in pre-market trading. Heart Test Laboratories shares jumped 168% on Monday after Ascendant Capital initiated coverage on the the stock with a Buy rating and a $3.30 price target.
• Harmonic Inc. HLIT fell 12.9% to $12.37 in pre-market trading. Harmonic posted better-than-expected Q4 results.
• Blackboxstocks Inc. BLBX fell 12.5% to $0.63 in pre-market trading after jumping over 67% on Monday. Blackboxstocks recently extended its $2.5 million stock buyback program through 2023.
• Aethlon Medical, Inc. AEMD shares fell 11.1% to $0.5580 in pre-market trading. Aethlon Medical shares jumped 35% on Monday after Aethlon announced an agreement for NAMSA to support its clinical trials of Hemopurifier.
• Guardforce AI Co., Limited GFAI fell 10.8% to $0.2530 in pre-market trading after jumping 18% on Monday.
• Amesite Inc. AMST fell 9.8% to $0.3526 in pre-market after gaining more than 13% on Monday
• NXP Semiconductors NV NXPI fell 3.2% to $173.80 in pre-market trading. NXP Semiconductors reported upbeat results for its fourth quarter, but issued weak sales forecast for the first quarter.

Now Read This: Investor Optimism Declines Ahead Of Fed's Rate Decision