Why AMC Entertainment Shares Are Trading Lower By 21%; Here Are 20 Stocks Moving Premarket

Gainers

• BioNexus Gene Lab Corp. BGLC shares gained 48.5% to $2.05 in pre-market trading after jumping 30% on Tuesday.
• Heliogen, Inc. HLGN shares surged 35.8% to $0.2866 in pre-market trading. Heliogen was granted U.S. patent #11732928 for "Receiver for Capturing Solar Energy."
• Apellis Pharmaceuticals, Inc. APLS rose 29.3% to $39.77 in pre-market trading after the company said events of retinal vasculitis in treatment with SYFOVRE were rare, with an estimated real-world rate of 0.01% per injection.
• iTeos Therapeutics, Inc. ITOS rose 23.6% to $14.52 in pre-market trading. ITeos Therapeutics recently reported a loss for the second quarter.
• Arcus Biosciences, Inc. RCUS shares rose 22.1% to $22.97 in pre-market trading. Arcus Biosciences recently posted downbeat quarterly results.
• AIM ImmunoTech Inc. AIM shares climbed 16.2% to $0.7782 in pre-market trading after gaining 9% on Tuesday. The company recently posted a narrower-than-expected quarterly loss.
• WISeKey International Holding AG WKEY shares rose 15.7% to $3.24 in pre-market trading. WISeKey International's subsidiary WISe.ART launched authentication system for NFT's that promises to address the counterfeit and illegal sales challenges.
• Shineco, Inc. SISI shares gained 14.8% to $ 0.2180 in pre-market trading.
• YS Biopharma Co., Ltd. YS gained 13.6% to $0.9199 in pre-market trading. YS Biopharma recently reported a first-quarter net loss of $9.6 million.
• Alarum Technologies Ltd. ALAR gained 12.1% to $2.69 in pre-market trading. Alarum Technologies is expected to release its financial results for the second quarter on Aug. 24, 2023.

Losers

• AMC Entertainment Holdings, Inc. AMC fell 21.2% to $2.01 in pre-market trading ahead of a 10-to-1 reverse stock split scheduled to take effect Thursday. AMC Preferred Equity Units will be converted to AMC common stock the following day.
• Neptune Wellness Solutions Inc. NEPT shares fell 12.1% to $0.1952 in pre-market trading. Neptune Wellness Solutions recently reported first-quarter results and entered into a binding term sheet with Morgan Stanley providing the option to exchange the existing debt of Sprout Organics.
• Wearable Devices Ltd. WLDS shares fell 10.9% to $1.14 in pre-market trading. Wearable Devices recently said it completed the first commercial manufacturing batch of the Mudra Band for Apple Watch.
• China Pharma Holdings, Inc. CPHI fell 10.7% to $0.2632 in pre-market after gaining 6% on Tuesday.
• EBET, Inc. EBET fell 10.5% to $0.0501 in pre-market trading after declining around 15% on Tuesday.
• Tian Ruixiang Holdings Ltd TIRX fell 9% to $1.41 in pre-market trading after gaining 8% on Tuesday.
• Modular Medical, Inc. MODD fell 8.1% to $1.13 in pre-market trading. Modular Medical recently announced a partnership with Phillips-Medisize to expand insulin delivery alternatives.
• Crown ElectroKinetics Corp. CRKN fell 7.6% to $1.58 in pre-market trading. Crown Electrokinetics recently announced a 1-for-60 reverse stock split.
• IMAC Holdings, Inc. BACK fell 7.3% to $0.0910 in pre-market trading after declining 8% on Tuesday.
• Society Pass Incorporated SOPA shares fell 7.2% to $ 0.4003 in pre-market trading after declining 12% on Tuesday. Society Pass said on Aug. 21, that the company entered into sales agreement with Ascendiant Capital
• Markets for offering of up to $10 million common stock.

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