Why Amylyx Pharmaceuticals Is Trading Higher By Over 8%; Here Are 22 Stocks Moving Premarket

Gainers

• SAI.TECH Global Corporation SAI rose 42% to $3.21 in pre-market trading after dipping 26% on Thursday. SAI.TECH recently announced the launch of new liquid cooling Bitcoin mining infrastructure products.
• SHF Holdings Inc SHFS shares rose 36.2% to $11.90 in pre-market trading after declining 15% on Thursday. Northern Lights Acquisition completed business combination of SHF, Safe Harbor Financial, which offers compliance services to financial institutions that serve the regulated cannabis industry.
• Arrival ARVL rose 34% to $1.06 in pre-market trading. Arrival said it has produced the first production verification vehicle from its Bicester Microfactory.
• WISeKey International Holding AG WKEY rose 16% to $1.74 in pre-market trading.
• Iveda Solutions, Inc. IVDA rose 14.7% to $0.70 in pre-market trading after declining over 6% on Thursday. Iveda Solutions, last month, announced a $5 million private placement.
• Companhia Energética de Minas Gerais CIG rose 10.6% to $2.18 in pre-market trading after dropping around 3% on Thursday.
• First Wave BioPharma, Inc. FWBI rose 10.3% to $1.60 in pre-market trading.
• Amylyx Pharmaceuticals, Inc. AMLX rose 8.5% to $32.75 in pre-market trading after the company received FDA approval of Relyvrio for amyotrophic lateral sclerosis.
• GigaCloud Technology Inc. GCT rose 7.3% to $12.30 in pre-market trading.
• IonQ, Inc. IONQ rose 7% to $5.11 in pre-market trading after declining around 6% on Thursday.
• AST SpaceMobile, Inc. ASTS rose 6.6% to $7.56 in pre-market trading after declining over 4% on Thursday.
• Micron Technology, Inc. MU rose 3.6% to $51.83 in pre-market trading. Micron posted upbeat earnings for its fourth quarter, while sales missed estimates. The company also issued Q1 revenue guidance below estimates.

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Losers

• American Virtual Cloud Technologies, Inc. AVCT fell 33.6% to $0.1980 in pre-market trading. AVCT announced intent to effect reverse stock split.
• Rent-A-Center Inc RCII fell 20.5% to $17.75 in pre-market trading as the company lowered its earnings guidance for the third quarter and named Mr. Fahmi Karam as new Executive Vice President - Chief Financial Officer.
• Tuesday Morning Corporation TUEM shares fell 16.9% to $0.11 in pre-market trading after dropping around 7% on Thursday. Tuesday Morning recently posted a Q4 loss of $0.33 per share.
• Green Giant Inc. GGE fell 15.2% to $0.95 in pre-market trading after dropping around 14% on Thursday.
• NIKE, Inc. NKE fell 9.3% to $86.45 in pre-market trading. NIKE reported better-than-expected earnings and sales results for its first quarter on Thursday. However, the company reported a rise in quarter-ended inventories and revenue in the Greater China region also declined from a year ago.
• Silo Pharma, Inc. SILO fell 9.2% to $4.70 in pre-market trading following the company's recent uplisting to Nasdaq.
• Atlis Motor Vehicles Inc AMV fell 9.2% to $30.80 in pre-market trading after dipping around 55% on Thursday. The company recently posted a loss of $2.06 per share for the quarter ending June 30, 2022.
• Alpine Summit Energy Partners Inc ALPS shares fell 6.3% to $4.96 in pre-market trading.
• bioAffinity Technologies, Inc. BIAF shares fell 6% to $2.82 in pre-market trading. BioAffinity Technologies recently announced it received an additional $7.7 million from the exercise of warrants.
• Golden Sun Education Group Limited GSUN fell 5.5% to $30.61 in pre-market trading after surging around 14% on Thursday.