Why Mallinckrodt Shares Are Trading Lower By 20%; Here Are 20 Stocks Moving Premarket

Gainers

• Forza X1, Inc. FRZA shares rose 85.6% to $2.32 in pre-market trading after the company tweeted Friday 'Get ready for something extraordinary! Stay tuned!'
• Chijet Motor Company, Inc. CJET shares surged 60.3% to $6.14 in pre-market trading after dipping around 33% on Friday.
• Evaxion Biotech A/S EVAX shares gained 41.8% to $2.17 in pre-market trading after the company announced that its melanoma trial met its primary endpoints. The company said proprietary AI technology pioneer was able to identify high-quality cancer vaccine targets.
• Day One Biopharmaceuticals, Inc. DAWN gained 33.8% to $18.19 in pre-market trading after the company announced overall response rate of 67% and clinical benefit rate of 93% in 69 heavily pretreated RANO-HGG evaluable patients in pediatric low-grade glioma trial.
• Golden Minerals Company AUMN shares rose 23.6% to $0.1373 in pre-market trading. Golden Minerals Company recently announced a 1-for-25 reverse stock split.
• Dunxin Financial Holdings Limited DXF gained 19.6% to $0.2463 in pre-market trading after gaining over 15% on Friday.
• Kaspien Holdings Inc. KSPN shares climbed 18.1% to $0.35 in pre-market trading. Kaspien recently announced a voluntary delisting from The Nasdaq Capital Market.
• MultiMetaVerse Holdings Limited MMV rose 17.2% to $2.39 in pre-market trading. MultiMetaVerse shares jumped 117% on Friday after the company announced it signed a non-binding term sheet to acquire an equity stake in Taomee group.
• Sentage Holdings Inc. SNTG shares gained 17.2% to $2.80 in pre-market trading.
• CBL International Limited BANL rose 11.1% to $3.01 in pre-market trading. CBL International recently reported a 41.8% year-over-year revenue growth in FY22.

Losers

• Mallinckrodt plc MNK fell 20.4% to $1.95 in pre-market. Mallinckrodt is considering options including filing for bankruptcy again, according to the Wall Street Journal.
• Yunji Inc. YJ shares dropped 15.5% to $0.2702 in pre-market trading. Yunji shares jumped over 50% on Friday after the company reported first-quarter financial results.
• Minerva Surgical, Inc. UTRS shares dropped 13.9% to $0.2522 in pre-market trading after surging over 46% on Friday.
• Marker Therapeutics, Inc. MRKR fell 13.1% to $1.60 in pre-market trading after gaining around 10% on Friday. Marker Therapeutics recently reported pre-clinical data of its MT-601 multiTAA-specific T cell product candidate MT-601 in lymphoma cells.
• Cyxtera Technologies, Inc. CYXT fell 12.5% to $0.1392 in pre-market trading after the company said, pursuant to the previously disclosed Restructuring Support Agreement it reached with certain of its lenders holding over two-thirds of its outstanding term loan, the Company and certain of its subsidiaries have initiated a pre-arranged court-supervised process under Chapter 11 of the United States Bankruptcy Code in the U.S. Bankruptcy Court for the District of New Jersey.
• Kaixin Auto Holdings KXIN fell 11.1% to $0.3110 in pre-market trading after jumping over 16% on Friday.
• UTime Limited UTME fell 10.4% to $1.81 in pre-market trading after gaining 4% on Friday.
• Bluejay Diagnostics, Inc. BJDX shares fell 9.6% to $0.2205 in pre-market trading after gaining over 8% on Friday.
• Affimed N.V. AFMD fell 8.8% to $0.80in pre-market trading. Affimed reported the presentation at the ASCO Annual Meeting of safety and efficacy data from the EGFR mutant NSCLC expansion cohort of its ongoing phase 1/2 study investigating innate cell engager (ICE®) AFM24 as monotherapy.
• SHL Telemedicine Ltd. SHLT fell 8.6% to $11.61 in pre-market trading after gaining 10% on Friday.

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