Why M.D.C. Holdings Shares Are Trading Higher By Around 17%; Here Are 20 Stocks Moving Premarket

Shares of M.D.C. Holdings, Inc. MDC rose sharply in today’s pre-market trading.

Sekisui House, Ltd. and M.D.C. Holdings announced an agreement pursuant to which a wholly-owned subsidiary of Sekisui House will acquire MDC in an all-cash deal with an equity value of $4.9 billion.

M.D.C. shares surged 17.4% to $62.30 in pre-market trading

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

Gainers

  • Lytus Technologies Holdings PTV. Ltd. LYT shares rose 137.3% to $0.2246 in pre-market trading after falling 5% on Wednesday.
  • Marpai, Inc. MRAI shares jumped 29% to $1.09 in pre-market trading after declining over 8% on Wednesday. Marpai recently named John Powers as President.
  • Celularity Inc. CELU shares climbed 25.8% to $0.2370 in pre-market trading after falling more than 5% on Wednesday.
  • Phunware, Inc. PHUN shares gained 23% to $0.20 in pre-market trading. Phunware shares dipped 61% on Wednesday after the company announced pricing of a $7 million registered direct offering price at-the-market under Nasdaq rules.
  • Castellum, Inc. CTM gained 22.2% to $0.3690 in pre-market trading after gaining 4% on Wednesday.
  • Roma Green Finance Limited ROMA surged 20.1% to $1.37 in pre-market trading after tumbling over 70% on Wednesday.
  • Cadrenal Therapeutics, Inc. CVKD surged 15.8% to $0.9850 in pre-market trading after gaining over 7% on Wednesday.
  • New Horizon Aircraft Ltd. HOVR gained 12.2% to $2.66 in pre-market trading after dipping 29% on Wednesday.
  • Deep Medicine Acquisition Corp. DMAQ gained 10.6% to $8.05 in pre-market trading after dipping 9% on Wednesday.

Losers

  • Aravive, Inc. ARAV shares dipped 52.9% to $0.0520 in pre-market trading. Aravive intends to voluntarily terminate the listing of its common stock on the Nasdaq Global Select Market.
  • Nuvve Holding Corp. NVVE shares fell 27% to $0.0740 in pre-market trading. Nuvve Holding will effect 1-for-40 reverse stock split, to be effective Jan. 19, 2024.
  • Airspan Networks Holdings Inc. MIMO shares declined 19.1% to $0.1780 in pre-market trading. Airspan shares jumped 186% on Wednesday after the company announced a partnership with GCT Semiconductor to develop an RF module.
  • Newcourt Acquisition Corp NCAC shares fell 19% to $9.40 in pre-market trading after gaining around 12% on Wednesday.
  • Warrantee Inc. WRNT declined 18% to $0.2927 in pre-market trading after gaining 7% on Wednesday.
  • Plug Power Inc. PLUG shares dipped 16.3% to $2.29 in pre-market trading. In a prospectus filed with the SEC, the company said it has entered into an at-market issuance sales agreement with B. Riley Securities regarding the sale of up to $1 billion in stock. The sale will be made from time to time, with B. Riley acting as a sales agent.
  • Chemomab Therapeutics Ltd. CMMB shares fell 15.6% to $0.4555 in pre-market trading.
  • Meta Materials Inc. MMAT shares declined 14% to $0.0656 in pre-market trading after gaining 5% on Wednesday.
  • Discover Financial Services DFS fell 10.4% to $97.45 in pre-market trading after the company reported a 62% plunge in its profit for the fourth quarter on Wednesday.
  • Nukkleus Inc. NUKK fell 6.4% to $1.32 after falling 6% on Wednesday. Nukkleus announced its intention to expand its investment in Jacobi Asset Management, known for sponsoring Europe’s first approved Bitcoin spot ETF.

 

Now Read This: Fastenal, M&T Bank And 3 Stocks To Watch Heading Into Thursday

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsPenny StocksSmall CapPre-Market OutlookMarketsMoversTrading IdeasPremarket MoversTop Gainers
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!