Why Nike Shares Are Trading Higher By Around 7%; Here Are 20 Stocks Moving Premarket

Shares of NIKE, Inc. NKE rose sharply in today's pre-market trading after the company announced a CEO transition.

After the market close on Thursday, Nike announced that longtime Nike veteran Elliott Hill will become president and CEO of Nike, effective Oct. 14. Hill will also become a director on the board and a member of the executive committee.

NIKE shares gained 7% to $86.64 in the pre-market trading.

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

Gainers

• Banzai International, Inc. BNZI gained 148.1% to $7.12 in pre-market trading. Banzai International shares fell around 18% on Thursday after the company announced a 1-for-50 reverse stock split.
• Battalion Oil Corporation  BATL gained 119.4% to $6.45 in the pre-market trading session after the company announced it has amended its merger agreement with Fury Resources for the acquisition of all outstanding shares of Battalion at $7.00 per share in cash.
• Leafly Holdings, Inc.  LFLY gained 76.7% to $3.18 in pre-market trading.
• SRIVARU Holding Limited SVMH rose 53.2% to $0.19 in pre-market trading after gaining 11% on Thursday. SRIVARU Holding, on Thursday, secured Nasdaq Panel approval for continued listing amid compliance efforts.
• Tenon Medical, Inc. TNON shares rose 41.2% to $7.10 in pre-market trading  after the company announced the issuance of three notices of allowance for patent applications from the UPSTO.
• Alliance Entertainment Holding Corporation AENT gained 25.5% to $2.56 in pre-market trading after the company reported better-than-expected full-year 2024 adjusted EPS results.
• Genfit S.A. GNFT gained 13% to $4.88 in pre-market trading after posting H1 results.
• Kidpik Corp. PIK rose 10.4% to $2.66 in pre-market trading.
• Joint Stock Company Kaspi.kz KSPI shares gained 6.3% to $106.10 in pre-market trading. Joint Stock Company Kaspi.Kz shares fell 16% on Thursday after Culper Research issued a report on the company.

Losers

• Signing Day Sports, Inc. SGN fell 24.5% to $0.40 in pre-market trading. Signing Day Sports shares jumped 308% on Thursday after the company announced it will acquire sports gaming technology company Swifty Global.
• Society Pass Incorporated SOPA shares fell 17.4% to $0.85 in pre-market trading after gaining 22% on Thursday.
• Neo-Concept International Group Holdings Limited NCI shares dipped 16.7% to $0.70 in pre-market trading after surging 72% on Thursday.
• TOMI Environmental Solutions, Inc. TOMZ fell 15.8% to $0.6398 in pre-market trading.
• E-Home Household Service Holdings Limited EJH shares declined 14.1% to $0.0839 in pre-market trading after falling 8% on Thursday.
• Exicure, Inc. XCUR fell 13.2% to $3.41 in today's pre-market trading after jumping 72% on Thursday. Exicure recently announced it received an extension from the Nasdaq Hearings Panel.
• FedEx Corporation FDX declined 13.1% to $260.92 in pre-market trading after the company reported weaker-than-expected results for the first quarter of fiscal 2025 and lowered its full-year guidance.
• Kopin Corporation KOPN shares declined 11.8% to $0.85 in pre-market trading after the company announced a public offering of common stock and pre-funded warrants.
• Rezolve AI Limited RZLV shares fell 11.3% to $6.21 in pre-market trading after jumping around 47% on Thursday.
• Veea Inc. VEEA shares fell 7.6% to $10.22 in pre-market trading after declining around 10% on Thursday. Veea recently announced a strategic partnership with Crowdkeep to integrate their respective technologies into a singular, tailored solution to track assets, people, and conditions across a variety of use cases.

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