26 Stocks Moving in Monday's Pre-Market Session

Gainers

• Mesoblast Limited MESO shares rose 54.8% to $6.50 in pre-market trading after the company received the FDA approval for an investigational new drug application to treat patients with acute respiratory distress syndrome caused by coronavirus.
• XpresSpa Group, Inc. XSPA shares rose 36.6% to $0.2977 in pre-market trading after jumping over 31% on Friday. XpresSpa issued an update to earlier press release on use of testing at airports.
• Whiting Petroleum Corporation WLL rose 31% to $0.38 in pre-market trading after declining more than 6% on Friday.
• Co-Diagnostics, Inc. CODX rose 29.9% to $10.65 in pre-market trading after the company received FDA emergency use authorization for a coronavirus test.
• Invesco Mortgage Capital Inc. IVR shares rose 27.7% to $2.49 in pre-market trading after declining more than 24% on Friday.
• Safe-T Group Ltd SFET rose 24.8% to $1.56 in pre-market trading after falling over 7% on Friday.
• Two Harbors Investment Corp. TWO rose 19.8% to $2.90 in pre-market trading after dropping 28% on Friday.
• RedHill Biopharma Ltd. RDHL shares rose 19.8% to $5.70 in pre-market trading after declining 8% on Friday.
• Redwood Trust, Inc. RWT rose 19.2% to $3.05 in pre-market trading after dropping 15% on Friday.
• XBiotech Inc. XBIT rose 16.3% to $13.36 in pre-market trading. XBiotech and BioBridge Global disclosed collaboration on FDA program to develop potential coronavirus treatment based on natural antibodies from recovered patients.
• Ares Capital Corporation ARCC rose 14.9% to $10.49 in pre-market trading. Ares Capital is expected to release Q1 earnings on May 5, 2020.
• Crestwood Equity Partners LP CEQP rose 14.8% to $5.10 in pre-market trading.
• New York Mortgage Trust, Inc. NYMT rose 13% to $1.22 in pre-market trading after declining over 5% on Friday.
• Hertz Global Holdings, Inc. HTZ shares rose 12.7% to $5.40 in pre-market trading.
• Eldorado Resorts, Inc. ERI rose 11.6% to $11.34 in pre-market trading.
• Borr Drilling Limited BORR rose 11.1% to $0.64 in pre-market trading after gaining 20% on Friday.
• New Residential Investment Corp. NRZ rose 9.7% to $3.65 in pre-market trading after declining about 22% on Friday.
• Tesla, Inc. TSLA rose 6.5% to $511.00 in pre-market trading. Jefferies upgraded Tesla from Hold to Buy and lowered the price target from $800 to $650.

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Check out these big penny stock gainers and losers

Losers

• T2 Biosystems, Inc. TTOO fell 13% to $0.44 in pre-market trading after dropping more than 6% on Friday.
• Centennial Resource Development, Inc. CDEV fell 12.5% to $0.30 in pre-market trading after surging over 17% on Friday.
• Novan, Inc. NOVN shares fell 12.2% to $0.34 in pre-market trading after declining 12% on Friday.
• OpGen, Inc. OPGN fell 11.3% to $2.20 in pre-market trading.
• Callon Petroleum Company CPE fell 7.8% to $0.4503 in pre-market trading after rising more than 13% on Friday.
• Zoom Video Communications, Inc. ZM fell 7.7% to $118.30 in pre-market trading. Credit Suisse downgraded Zoom Video from Neutral to Underperform.
• Delta Air Lines, Inc. DAL fell 4.6% to $21.45 in pre-market trading. Berkshire Hathaway sold some of its position in Delta Air Lines.
• Novavax, Inc. NVAX fell 3.6% to $15.05 in pre-market trading after jumping around 13% on Friday.