Chinook Therapeutics, Oracle And Other Big Stocks Moving Higher In Monday's Pre-Market Session

U.S. stock futures traded higher this morning. Here are some big stocks recording gains in today’s pre-market trading session.

• Chinook Therapeutics, Inc. KDNY shares jumped 66.8% to $40.01 in pre-market trading after the company agreed to be acquired by Novartis AG.
• XPeng Inc. XPEV shares climbed 9.6% to $9.72 in pre-market trading. XPeng’s new SUV, the G6, received more than 25,000 orders 72 hours after pre-sale started, the CNEVPost reported.
• Braskem S.A. BAK rose 8.3% to $11.32 in pre-market trading after gaining 3% on Friday.
• Paramount Global PARAA gained 8.1% to $20.00 in pre-market trading.
• Olo Inc. OLO shares climbed 6.8% to $7.70 in pre-market trading.
• Kingsoft Cloud Holdings Limited KC shares gained 6.6% to $5.50 in pre-market trading. Kingsoft Cloud Holdings shares gained around 8% on Friday after the company announced CEO Zou Tao purchased 2 million shares for HK$2.625 per share.
• Archer Aviation Inc. ACHR shares climbed 5.9% to $3.44 in pre-market trading. Archer Aviation CEO said European regulation is not good for business, Financial Times reported Sunday.
• Amprius Technologies, Inc. AMPX gained 5.6% to $10.03 in pre-market trading.
• Intellia Therapeutics, Inc. NTLA shares gained 5.3% to $45.55 in pre-market trading. Intellia Therapeutics announced at EAACI, extended Phase 1 data reinforce potential of NTLA-2002 to be a functional cure for people living with hereditary angioedema.
• NIO Inc. NIO rose 4.3% to $8.06 in pre-market trading. Nio said it would cut prices on all its new models starting Monday. The announcement comes days after the company reported quarterly results below estimates.
• Oracle Corporation ORCL gained 3.5% to $113.65 in pre-market trading ahead of quarterly results. Wolfe Research upgraded Oracle from Peer Perform to Outperform and announced a $130 price target.

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