Why American Equity Are Trading Higher By Around 9%; Here Are 20 Stocks Moving Premarket

Gainers

• Surgalign Holdings, Inc. SRGA shares surged 49.8% to $0.3401 in pre-market trading after dropping around 19% on Monday. Surgalign Holdings recently entered into an asset purchase agreement to sell its U.S. hardware and biomaterials assets and the equity interests in non-Debtor entities related to the Debtors' hardware business outside of the U.S. to Xtant Medical Holdings for $5 million.
• BIOLASE, Inc. BIOL shares gained 23.4% to $0.0969 in pre-market trading. Biolase was recently notified by Nasdaq that the company did not meet the minimum closing bid price requirement of $1.00 for continued listing.
• InnSuites Hospitality Trust IHT shares rose 17.2% to $3.06 in pre-market trading after gaining 13% on Monday.
• Avalo Therapeutics, Inc. AVTX shares rose 17% to $0.5842 in pre-market trading. Avalo Therapeutics shares dipped around 89% on Monday after the company released topline results from the Phase 2 PEAK trial evaluating AVTX-002 (anti-LIGHT mAb) in patients with poorly controlled non-eosinophilic asthma (NEA).
• View, Inc. VIEW shares climbed 15% to $0.1381 in pre-market trading after declining around 10% on Monday. View recently filed a new patent application titled "Environmental Adjustment Using Artificial Intelligence."
• Design Therapeutics, Inc. DSGN rose 14.5% to $6.59 in pre-market trading.
• Astrotech Corporation ASTC gained 14.3% to $13.03 in pre-market trading. Astrotech 13D filing showed BML Investment Partners, L.P. increased stake in the company to 13%.
• OneConnect Financial Technology Co., Ltd. OCFT shares gained 11.5% to $3.08 in pre-market trading after dropping 33% on Monday. The company recently reported first-quarter sales of $135.33 million, missing the consensus estimate of $143.91 million.
• IronNet, Inc. IRNT gained 11.2% to $0.2003 in pre-market trading after dropping 13% on Monday.
• American Equity Investment Life Holding Company AEL rose 8.7% to $49.00 in pre-market trading following a report suggesting Brookfield is nearing a deal to acquire the company.

Losers

• Lordstown Motors Corp. RIDE fell 56.2% to $1.21 in pre-market trading after the company opted to file for Chapter 11 bankruptcy protection.
• Digital Media Solutions, Inc. DMS fell 18.2% to $0.3330 in pre-market after jumping around 22% on Monday.
• TRxADE HEALTH, Inc. MEDS fell 18.1% to $13.40 in pre-market trading after surging 94% on Monday. The company announced on Friday that it will acquire Superlatus.
• Spark Networks SE LOV fell 16.7% to $0.35 in pre-market trading after jumping 50% on Monday. Spark Networks recently received notice from Nasdaq advising it has determined to deny the company's request for continued listing.
• Adicet Bio, Inc. ACET fell 14.2% to $4.00 in pre-market trading after the company reported data from ongoing ADI-001 Phase 1 trial in patients with relapsed or refractory aggressive B-Cell Non-Hodgkin's Lymphoma. JMP Securities downgraded Adicet Bio from Market Outperform to Market Perform.
• iMedia Brands, Inc. IMBI shares dropped 13.3% to $0.1648 in pre-market trading after jumping 35% on Monday. iMedia Brands recently announced receipt of second Nasdaq non-compliance notice.
• Evelo Biosciences, Inc. EVLO shares fell 12.5% to $0.1749 in pre-market trading after gaining around 18% on Monday. Evelo Biosciences recently won U.S. Patent for prebiotic compositions and methods of use thereof for modulation of the microbiome.
• VIQ Solutions Inc. VQS fell 11.8% to $0.3170 in pre-market trading. VIQ Solutions recently partnered Justice AV Solutions to bring AI-generated draft transcripts of courtroom proceedings.
• Bruush Oral Care Inc. BRSH fell 10.2% to $0.30 in pre-market trading after gaining around 10% on Monday.
• Zynerba Pharmaceuticals, Inc. ZYNE shares dropped 9.2% to $0.31 in pre-market trading after gaining 8% on Monday.

Now Read This: Investor Optimism Declines After US Stocks Record Weekly Loss