Why Faraday Future Intelligent Electric Shares Are Trading Higher By Around 8%; Here Are 20 Stocks Moving Premarket

Gainers

GSE Systems, Inc. GVP shares rose 32.4% to $0.4090 in pre-market trading after falling over 3% on Thursday.
Roadzen RDZN shares rose 23.4% to $8.11 in pre-market trading after falling more than 40% on Thursday.
FLJ Group Limited FLJ shares gained 20.3% to $0.3669 in pre-market trading.
Blue Star Foods Corp. BSFC shares rose 17.1% to $0.37 in pre-market trading. Blue Star Foods recently announced closing of $5 million public offering.
Avalo Therapeutics, Inc. AVTX shares jumped 17% to $0.1199 in pre-market trading after falling 8% on Thursday. The company recently agreed to divest AVTX-800 series.
Blue Water Biotech, Inc. BWV rose 15.7% to $0.6494 in pre-market trading. Maxim Group recently downgraded Blue Water Biotech from Buy to Hold.
Infobird Co., Ltd IFBD shares surged 13% to $0.15 in pre-market trading. Infobird recently announced receipt of delinquency notification letter from Nasdaq.
Solowin Holdings SWIN rose 10.9% to $4.49 in pre-market trading after jumping 35% on Thursday.
Tenon Medical, Inc. TNON gained 9.4% to $0.1674 in pre-market trading. Tenon Medical recently announced expanded physician use of new JIB instrument kit for company's catamaran SI joint fusion system.
Faraday Future Intelligent Electric Inc. FFIE shares climbed 7.7% to $3.94 in pre-market trading as the company named Matthias Aydt as Global Chief Executive Officer, effective Sept. 29, 2023. The company also announced a management stock purchase plan.

Losers

Neptune Wellness Solutions Inc. NEPT fell 41.5% to $2.34 in pre-market trading after the company reported pricing of $4.5 million public offering.
Molekule Group, Inc. MKUL shares fell 21.4% to $0.2678 in pre-market trading after dipping 19% on Thursday. Molekule Group recently announced in an 8K filing that the board authorized the management to commence preparation of voluntary petition under Chapter 11 of the U.S. Bankruptcy Code.
Flux Power Holdings, Inc. FLUX fell 19.4% to $3.99 in pre-market following weaker-than-expected quarterly sales.
Applied Molecular Transport Inc. AMTI fell 16.3% to $0.1708 in pre-market trading. Applied Molecular Transport agreed to merge with Cyclo Therapeutics Inc in an all-stock transaction.
Scholastic Corporation SCHL shares fell 16% to $32.72 in pre-market trading after the company reported downbeat results for its first quarter on Thursday.
Powerbridge Technologies Co., Ltd. PBTS fell 15.7% to $1.78 in pre-market trading after jumping 26% on Thursday. Powerbridge Technologies expanded global trade digital platform services across Asia and Europe.
CohBar, Inc. CWBR shares fell 13.4% to $2.46 in pre-market trading.
Pharming Group N.V. PHAR fell 13.1% to $13.13 in pre-market trading after climbing around 15% on Thursday.
Connexa Sports Technologies Inc. CNXA fell 12.9% to $0.1363 in pre-market trading after gaining over 17% on Thursday.
MDB Capital Holdings, LLC MDBH fell 10.3% to $11.21 in pre-market trading. MDB Capital raised $19,999,992 and started trading on the NASDAQ on Sept. 21, 2023.