Why Root Shares Are Trading Higher By 50%; Here Are 20 Stocks Moving Premarket

Gainers

• ShiftPixy, Inc. PIXY shares surged 100.8% to $2.65 in pre-market trading after dropping 43% on Wednesday.
• Root, Inc. ROOT shares gained 50.1% to $14.44 in pre-market trading following a report suggesting the company has received a takeover bid.
• T2 Biosystems, Inc. TTOO shares rose 20.7% to $0.0871 in pre-market trading. T2 Biosystems 13G filing showed GSA Capital Partners LLP increased stake in the company to 10.7%.
• DSS, Inc. DSS shares rose 20.1% to $0.26 in pre-market trading after dropping 9% on Wednesday.
• Tempo Automation Holdings, Inc. TMPO shares gained 14.8% to $0.42 in pre-market trading. Tempo Automation secured $7 million convertible promissory note facility strengthening financial position and providing capital for Optimum acquisition.
• Siyata Mobile Inc. SYTA gained 13.6% to $0.1036 in pre-market trading. Siyata Mobile recently announced that it received $400,000 in new orders for its SD7 Handsets and VK7 Vehicles Kits.
• Aeglea BioTherapeutics, Inc. AGLE shares climbed 12.7% to $0.1199 in pre-market trading after dropping over 26% on Wednesday.
• Applied Optoelectronics, Inc. AAOI gained 10.7% to $4.61 in pre-market trading. Applied Optoelectronics entered into a supply agreement with Microsoft Corporation.
• U.S. Gold Corp. USAU rose 10.3% to $4.72 in pre-market trading.
• Ault Disruptive Technologies Corporation ADRT rose 9.1% to $11.61 in pre-market trading.

Losers

• AlloVir, Inc. ALVR fell 24.1% to $3.74 in pre-market trading. AlloVir priced its 20 million share offering at $3.75 per share.
• Advanced Health Intelligence Ltd. AHI fell 14.6% to $1.27 in pre-market trading. Advanced Health Intelligence shares jumped 101% on Wednesday after the company signed a Letter of Intention with UAE-Based e-script medicine management company Pharmak Pharmacy.
• Asset Entities Inc. ASST fell 10.1% to $2.14 in pre-market trading after surging 19% on Wednesday.
• U Power Limited UCAR shares fell 9.6% to $7.56 in pre-market trading. China unveiled on Wednesday a 520 billion yuan ($72.3 billion) package of tax breaks over four years for electric vehicles (EVs) and other green cars, its biggest yet for the industry as it seeks to boost slower auto sales growth.
• LumiraDx Limited LMDX fell 9.4% to $0.4016 in pre-market. LumiraDx shares gained over 26% on Wednesday after the company received UK approval for its COVID Ultra and COVID & RSV Tests.
• Evelo Biosciences, Inc. EVLO fell 8.4% to $0.1465 in pre-market trading after dropping 9% on Wednesday.
• Catalyst Biosciences, Inc. CBIO shares dropped 8.3% to $0.32 in pre-market trading after adding around 20% on Wednesday
• Soluna Holdings, Inc. SLNH fell 7.7% to $0.1799 in pre-market trading after gaining 5% on Wednesday.
• HUB Cyber Security (Israel) Ltd. HUBC fell 6.8% to $0.4199 in pre-market trading after dropping over 12% on Wednesday.
• MGO Global, Inc. MGOL shares dropped 5.3% to $2.51 in pre-market trading.
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