Why Faraday Future Shares Are Trading Higher By Around 14%; Here Are 20 Stocks Moving Premarket

Shares of Faraday Future Intelligent Electric Inc. FFIE surged in pre-market trading after the company announced its foray into the Middle East market.

Faraday Future revealed in press release that the company will release the FF 91 2.0 Futurist aiFalcon, with deliveries starting in 2024.

Faraday Future shares rose 14.1% to $0.5590 in pre-market trading.

Here are some other stocks moving in pre-market trading.

Gainers

• FLJ Group Limited FLJ shares rose 126.7% to $0.2451 in pre-market trading. FLJ Group signed a definitive deal to acquire Alpha Mind Technology Limited.
• Telesis Bio, Inc. TBIO shares rose 37.1% to $0.5482 in pre-market trading after surging 33% on Wednesday.
• iRobot Corporation IRBT rose 34.1% to $39.98 in pre-market trading. Amazon.com Inc.’s AMZN proposed acquisition of iRobot is reportedly on the verge of receiving unconditional approval from European Union antitrust authorities.
• BioNexus Gene Lab Corp. BGLC shares surged 30.6% to $0.4819 in pre-market trading after falling 3% on Wednesday.
• Bruush Oral Care Inc.BRSH gained 29.6% to $0.3305 in pre-market trading after falling around 15% on Wednesday. On Nov. 15, Brush Oral Care received a notice from the Nasdaq Listing Qualifications Department that the company is currently not in compliance with the minimum bid price requirement because the closing bid price of BRSH shares was below $1.00 per share for a period of 30 consecutive business days.
• MMTec, Inc. MTC shares climbed 21.3% to $1.19 in pre-market trading. The company recently reported a narrower loss for H1.
• VBI Vaccines Inc. VBIV rose 16.2% to $0.6389 in pre-market trading after falling around 21% on Wednesday. VBI Vaccines recently posted downbeat quarterly results.
• Iveda Solutions, Inc. IVDA shares rose 12.7% to $0.71 in pre-market trading after gaining more than 10% on Wednesday.
• UpHealth, Inc. UPH gained 11.5% to $0.68 in pre-market trading after declining 23% on Wednesday.

Losers

• Impel Pharmaceuticals Inc. IMPL dipped 28.2% to $0.5597 in pre-market trading after jumping 143% on Wednesday. Impel Pharmaceuticals recently announced exploration of strategic alternatives.
• Aethlon Medical, Inc. AEMD shares fell 17.2% to $1.40 in pre-market trading. The company recently posted a narrower-than-expected quarterly loss.
• WANG & LEE GROUP, Inc. WLGS shares fell 15.4% to $0.61 in pre-market trading after declining around 7% on Wednesday.
• Reliance Global Group, Inc. RELI fell 13.1% to $1.13 in pre-market after jumping 53% on Wednesday. Reliance Global recently announced it withdrew its proposed underwritten public offering and also announced it has entered into a Letter of Intent to acquire a benefits enrollment company.
• Ikena Oncology, Inc. IKNA fell 12.3% to $1.43 in pre-market trading. Ikena Oncology recently reported worse-than-expected third-quarter revenue results.
• Seelos Therapeutics, Inc. SEEL fell 11.8% to $0.1498 in pre-market trading after jumping over 30% on Wednesday.
• BuzzFeed, Inc. BZFD shares fell 9.6% to $0.2805 in pre-market trading. The company recently posted downbeat quarterly results.
• Heart Test Laboratories, Inc. HSCS fell 9.5% to $0.2137 in pre-market trading after jumping 20% on Wednesday.
• Cardio Diagnostics Holdings, Inc. CDIO shares fell 9.1% to $1.99 in pre-market trading. Cardio Diagnostics recently announced the publication of a study on the development and validation of PrecisionCHD in the Journal of the American Heart Association.
• Cuentas Inc. CUEN shares fell 8.7% to $1.26 in pre-market trading after declining 11% on Wednesday. Cuentas recently posted a narrower quarterly loss.

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