Why Microvast Holdings Shares Are Trading Lower By Around 22%; Here Are 20 Stocks Moving Premarket

Gainers

• Applied UV, Inc. AUVI shares rose 44.6% to $0.69 in pre-market trading after posting better-than-expected quarterly sales.
• SeqLL Inc. SQL shares surged 34.3% to $0.5377 in pre-market trading after gaining over 19% on Monday. SeqLL recently posted a wider first-quarter loss.
• HeartCore Enterprises, Inc. HTCR gained 21.1% to $1.55 in pre-market trading following better-than-expected first-quarter results.
• Bone Biologics Corporation BBLG shares gained 18.8% to $0.1960 in pre-market trading after gaining over 10% on Monday.
• Movella Holdings Inc. MVLA rose 18.5% to $2.28 in pre-market trading after jumping around 18% on Monday.
• Cumberland Pharmaceuticals Inc. CPIX shares rose 14.4% to $1.99 in pre-market trading. The FDA recently approved expanded labeling for Cumberland Pharmaceuticals’ Caldolor, an intravenously delivered formulation of ibuprofen, to now include use in infants.
• Navidea Biopharmaceuticals, Inc. NAVB shares gained 14.1% to $0.1275 in pre-market trading after the company reported the sale of preferred shares totaling $1.1 million to new existing investors.
• Yelp Inc. YELP gained 13.3% to $36.84 in pre-market trading. Activist investor TCS Capital Management is calling on Yelp to explore strategic alternatives including a sale, the Wall Street Journal reported.
• Ohmyhome Limited OMH rose 12% to $5.82 in pre-market trading. The company recently announced it signed an MOU for the potential acquisition of a leading tech-enabled property management company in Singapore.
• Orion Energy Systems, Inc. OESX shares climbed 10.3% to $1.60 in pre-market trading.

Losers

• Kaspien Holdings Inc. KSPN fell 41.1% to $0.36 in pre-market. Kaspien Holdings reported voluntary delisting from the Nasdaq Capital Market effective on or about June 12.
• Biocept, Inc BIOC shares dropped 23.6% to $3.77 in pre-market trading after dipping over 25% on Monday. Biocept recently announced a 1-for-30 reverse stock split..
• Peraso Inc. PRSO fell 22.3% to $0.31 in pre-market trading after gaining over 53% on Monday.
• Microvast Holdings, Inc. MVST fell 22.2% to $1.71 in pre-market trading after the U.S. Department of Energy reportedly canceled contract negotiations for another potential $200 million award for Microvast, per Reuters, citing a source familiar with the matter.
• ToughBuilt Industries, Inc. TBLT fell 13.4% to $0.8820 in pre-market trading after reporting results for its first quarter.
• Microbot Medical Inc. MBOT fell 13.1% to $2.77 in pre-market trading. Microbot Medical announced a $1.44 million registered direct offering of 655,569 shares of common stock at a price of $2.20 per share priced at the market under Nasdaq rules.
• Hepion Pharmaceuticals, Inc. HEPA fell 12.8% to $16.89 in pre-market trading. Hepion Pharmaceuticals shares jumped around 118% on Monday after the company announced results of its phase 2 study to treat liver function.
• Netcapital Inc. NCPL shares dropped 10.6% to $2.15 in pre-market trading after gaining 22% on Monday.
• D-Wave Quantum Inc. QBTS fell 7.7% to $0.9413 in pre-market trading after surging 110% on Monday.
• Outlook Therapeutics, Inc. OTLK shares fell 6.8% to $1.52 in pre-market trading after jumping around 22% on Monday.

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