Why Chuy's Holdings Shares Are Trading Higher By 47%; Here Are 20 Stocks Moving Premarket

Shares of Chuy’s Holdings, Inc. CHUY rose sharply in today's pre-market trading after the company and Darden Restaurants, Inc. DRI jointly announced that Darden will acquire Chuy's Holdings.

Chuy's Holdings and Darden entered into a definitive agreement in which Darden will acquire all of Chuy's outstanding stock for $37.50 per share in cash. The all-cash transaction has an enterprise value of approximately $605 million.

Chuy’s Holdings shares jumped 47.4% to $37.27 in pre-market trading.

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

Gainers

• Onconetix, Inc. ONCO gained 65% to $0.2458 in pre-market trading. On July 15, Onconetix announced closing of warrant exercise for $1.11 million gross proceeds.
• Apollomics, Inc. APLM shares rose 30.4% to $0.2971 in pre-market trading after gaining around 13% on Wednesday. Apollomics late Tuesday announced it had received approval from Nasdaq for a 180-day extension to address non-compliance with its listing requirements due to its share price falling below $1.00 for an extended period.
• Virios Therapeutics, Inc. VIRI rose 19.6% to $0.3480 in pre-market trading after jumping more than 18% on Wednesday.
• Big Tree Cloud Holdings Limited DSY gained 16.3% to $1.64 in pre-market trading.
• SAI.TECH Global Corporation SAI shares gained 15.5% to $1.14 in pre-market trading after the company’s Board authorized a buyback of up to $1 million and up to 1 million shares.
• Ostin Technology Group Co Ltd OST shares climbed 11.8% to $0.37 in pre-market trading.
• MultiMetaVerse Holdings Limited MMV shares surged 11.2% to $0.7229 in pre-market trading after jumping 16% on Wednesday. MultiMetaVerse recently entered into an agreement with Zhenghe Holding Co. to establish a joint venture to invest in and trade alternative assets with the assistance of quantitative algorithms.
• QT Imaging Holdings, Inc. QTI shares gained 10.7% to $0.7546 in pre-market trading.
Lilium N.V. LILM gained 9.2% to $1.06 in pre-market trading. Saudia Group and Lilium N signed a binding sales agreement for 50 Lilium Jets, with options for the purchase of 50 more.

Losers

• Leslie’s, Inc. LESL shares fell 22.6% to $3.16 in pre-market trading after the company issued preliminary third-quarter financial results below estimates and cut its FY24 guidance.
• Aptevo Therapeutics Inc. APVO shares fell 15% to $0.4940 in pre-market trading after jumping 76% on Wednesday. On July 1, Aptevo Therapeutics announced the closing of $2.75 million offering.
• Cetus Capital Acquisition Corp. CETU shares declined 14.2% to $8.50 in pre-market trading after surging 80% on Wednesday.
• American Rebel Holdings, Inc. AREB shares fell 12.5% to $0.7945 in pre-market trading after jumping around 32% on Wednesday.
• Beyond Meat, Inc. BYND shares dipped 11.7% to $6.33 in pre-market trading following a report suggesting the company’s liquidity has weakened and it is engaging bondholders for debt discussions.
• Aditxt, Inc. ADTX shares fell 11.5% to $2.05 in pre-market trading. Aditxt shares climbed around 46% on Wednesday after the company and Evofem amended and restated their merger agreement.
• CBL International Limited BANL shares fell 10.2% to $0.80 in pre-market trading after gaining around 35% on Wednesday.
• Lottery.com Inc LTRY fell 8.3% to $1.31 in pre-market trading after gaining over 12% on Wednesday.
• Meiwu Technology Company Limited WNW fell 7.8% to $1.18 in pre-market trading after jumping more than 40% on Wednesday.
• Stardust Power Inc. SDST shares declined 8.1% to $22.50 in pre-market trading after jumping around 145% on Wednesday.

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