Why Arcutis Biotherapeutics Shares Are Trading Higher By Around 25%; Here Are 20 Stocks Moving Premarket

Shares of Arcutis Biotherapeutics, Inc. ARQT rose sharply in pre-market trading after the FDA approved company’s ZORYVE topical foam, 0.3% for the treatment of seborrheic dermatitis in individuals aged 9 years and older.

Arcutis Biotherapeutics shares gained 25.3% to $3.06 in pre-market trading.

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

Gainers

• Banzai International, Inc. BNZI shares gained 120.8% to $13.60 in pre-market trading. The company completed business combination with 7GC & Co on Friday.
• Royalty Management Holding Corporation RMCO gained 39.8% to $3.51 in pre-market trading after falling around 20% on Friday.
• Wheeler Real Estate Investment Trust, Inc. WHLR shares gained 45.8% to $0.3282 in pre-market trading after dipping around 24% on Friday.
• iCoreConnect Inc. ICCT shares climbed 32.4% to $2.25 in pre-market trading after surging over 73% on Friday.
• Alaunos Therapeutics, Inc. TCRT shares rose 24.6% to $0.0567 in pre-market trading after declining 11% on Friday.
• Sonoma Pharmaceuticals, Inc. SNOA shares surged 20.8% to $0.1751 in pre-market trading after falling over 6% on Friday.
• Ontrak, Inc. OTRK rose 19.2% to $0.4894 in pre-market trading after falling over 8% on Friday.
• Shineco, Inc. SISI shares gained 18.1% to $0.1127 in pre-market trading.
• Zapp Electric Vehicles Group Limited ZAPP gained 16.8% to $0.27 in pre-market trading after falling over 7% on Friday.

Losers

• Minerva Surgical, Inc. UTRS shares fell 53.3% to $1.31 in pre-market trading. On Dec. 15, 2023, Minerva Surgical notified the Nasdaq of its intent to file a Form 25 with the SEC on or about Dec. 26, 2023 to effect the voluntary delisting of the company's common stock from Nasdaq.
• Ebix, Inc. EBIX shares fell 49.1% to $2.51 in pre-market trading after declining 7% on Friday.
• Maison Solutions Inc. MSS shares fell 24% to $1.90 in pre-market trading after dipping 83% on Friday.
• Gaotu Techedu Inc GOTU fell 21.4% to $3.64 in pre-market trading.
• Near Intelligence, Inc. NIR shares fell 18.7% to $0.0479 in pre-market trading after dipping 20% on Friday.
• BYTE Acquisition Corp. BYTS fell 18.5% to $6.53 in pre-market after tumbling 20% on Friday.
• Ainos, Inc. AIMD fell 18.1% to $2.72 in pre-market trading after jumping 31% on Friday.
• Cheche Group Inc. CCG fell 12.2% to $5.60 in pre-market trading.
• Chavant Capital Acquisition Corp. CLAY shares fell 11.1% to $9.33 in pre-market trading after gaining 5% on Friday.
• Northann Corp. NCL shares fell 10.1% to $14.32 in pre-market trading after surging 42% on Friday.

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