Why Rigel Pharmaceuticals Shares Are Trading Higher By Over 30%; Here Are 20 Stocks Moving Premarket

Gainers

• Fresh Tracks Therapeutics, Inc. FRTX rose 51.1% to $2.66 in pre-market trading after the company disclosed topline results from single and multiple ascending dose parts of Phase 1 study of oral DYRK1A inhibitor FRTX-02.
• Rigel Pharmaceuticals, Inc. RIGL rose 30.6% to $1.92 in pre-market trading after posting better-than-expected Q4 results.
• ObsEva SA OBSV shares rose 27.5% to $0.1785 in pre-market trading after dropping 30% on Tuesday.
• Zymeworks Inc. ZYME shares rose 18.8% to $9.46 in pre-market trading following strong quarterly sales.
• Maxeon Solar Technologies, Ltd. MAXN rose 15.7% to $21.72 in pre-market trading following better-than-expected Q4 sales.
• Novo Integrated Sciences, Inc. NVOS rose 15.4% to $0.2345 in pre-market trading after gaining around 17% on Tuesday.
• WeWork Inc. WE shares rose 11.4% to $1.27 in pre-market trading following a report suggesting the company is in talks to restructure its outstanding debt and raise additional cash.
• Meten Holding Group Ltd. METX rose 11.3% to $0.28 in pre-market trading.
• Mesoblast Limited MESO rose 10.9% to $3.36 in pre-market trading after the FDA accepted the company’s resubmission of the Biologic License Application for Remestemcel-L in children with steroid-refractory acute graft versus host disease as a complete response and sets goal date of Aug. 2, 2023.
• AIM ImmunoTech Inc. AIM rose 8.8% to $0.5550 in pre-market trading after declining over 3% on Tuesday.

Losers

• Troika Media Group, Inc. TRKA fell 39.9% to $0.3367 in pre-market. Troika Media Group shares dropped around 27% on Tuesday after the company reported 1H financial results.
• Adial Pharmaceuticals, Inc. ADIL fell 16.4% to $0.3701 in pre-market trading. Adial shares gained over 5% on Tuesday after the company provided an update on its regulatory strategy for AD04. Adial will pursue paths towards US and Europe approvals and said market research suggests pricing could be more than double prior assumptions.
• Mercurity Fintech Holding Inc. MFH shares dropped 15.5% to $1.09 in pre-market trading after jumping over 43% on Tuesday.
• Appreciate Holdings, Inc. SFR fell 13% to $2.61 in pre-market trading.
• Virax Biolabs Group Limited VRAX shares fell 12.4% to $1.06 in pre-market trading. Virax Biolabs shares gained 83% on Tuesday after the company announced an agreement for the distribution of an Avian Influenza A Virus real-time PCR test kit to the European market..
• Bionomics Limited BNOX fell 12% to $3.81 in pre-market trading after surging 20% on Tuesday.
• Audacy, Inc. AUD shares fell 11.2% to $0.15 in pre-market trading. Audacy is expected to report its 2022 fourth quarter financial results on Wednesday, March 15, 2023.
• Siyata Mobile Inc. SYTA fell 9.7% to $0.2346 in pre-market trading after jumping over 32% on Tuesday.
• SoundHound AI, Inc. SOUN fell 8.7% to $3.04 in pre-market trading after the company reported fourth-quarter financial results and issued solid guidance.
• Energy Focus, Inc. EFOI fell 8.6% to $0.6110 in pre-market trading after gaining more than 28% on Tuesday.

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