Butterfly Network, APE Preferred Shares And Other Big Stocks Moving Higher In Tuesday's Pre-Market Session

U.S. stock futures traded higher this morning. Here are some big stocks recording gains in today’s pre-market trading session.

• AMC Entertainment Hldg Pref Equity Units APE shares jumped 28.4% to $1.90 in pre-market trading. AMC Entertainment Holdings stated it agreed to settle litigation and move forward with converting its preferred stock into common shares.
• Butterfly Network, Inc. BFLY climbed 26.2% to $2.36 in pre-market trading after the company received 510(k) clearance for AI-Enable Auto B-Line Counter.
• Etsy, Inc. ETSY gained 3.9% to $112.50 in pre-market trading after declining around 3% on Monday. Piper Sandler upgraded Etsy from Neutral to Overweight and raised the price target from $135 to $140.
• Citizens Financial Group, Inc. CFG gained 3.6% to $31.29 in pre-market trading. Goldman Sachs, last week, maintained Citizens Financial Group with a Buy and lowered the price target from $49 to $40.
• Atai Life Sciences N.V. ATAI shares rose 3.2% to $1.96 in pre-market trading after adding 5% on Monday.
• Danimer Scientific, Inc DNMR shares gained 3.1% to $4.01 in pre-market trading. Danimer Scientific shares gained over 12% on Monday after Piper Sandler maintained an Overweight rating on the stock and raised its price target from $6 to $7.
• Encompass Health Corporation EHC shares rose around 3% to $55.67 in pre-market trading. Encompass Health will hold its annual meeting of stockholders on Thursday, May 4, 2023.

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