Mitek Systems, Arm Holdings And Other Big Stocks Moving Higher In Friday's Pre-Market Session

U.S. stock futures traded mostly higher this morning on Friday. Here are some big stocks recording gains in today’s pre-market trading session.

• Nikola Corporation NKLA shares climbed 15.7% to $1.33 in pre-market trading after gaining 32% on Thursday.
• Iovance Biotherapeutics, Inc. IOVA shares gained 11.3% to $5.17 in pre-market trading. The U.S. Food and Drug Administration updated Prescription Drug User Fee Act (PDUFA) action date for lifileucel for the treatment of advanced melanoma.
• Hanryu Holdings, Inc. HRYU shares rose 7.4% to $6.55 in pre-market trading.
• Arm Holdings plc ARM rose 6.5% to $67.74 in pre-market trading. ARM Holdings shares jumped over 24% on Thursday on its U.S. stock market debut after its highly anticipated Nvidia acquisition fell prey to regulatory opposition. Needham initiated coverage on ARM Holdings with a Hold rating.
• Mitek Systems, Inc. MITK shares gained 5.7% to $13.75 in pre-market trading after the company reported upbeat results for its second quarter and reiterated its FY23 guidance.
• Canopy Growth Corporation CGC shares gained 5.6% to $1.32 in pre-market trading after gaining around 8% on Thursday.
• Hyzon Motors Inc. HYZN shares gained 4.6% to $1.36 in pre-market trading.

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