Why Knight-Swift Transportation Shares Are Trading Higher By Around 17%; Here Are 20 Stocks Moving Premarket

Gainers

• XORTX Therapeutics Inc. XRTX shares surged 95.5% to $0.6226 in pre-market trading after jumping 34% on Thursday.
• Urgent.ly Inc. ULY shares rose 61.6% to $8.89 in pre-market trading after falling around 52% on Thursday. -Urgent.ly announced the closing of its acquisition of Otonomo Technologies Ltd.
• Aravive, Inc. ARAV shares gained 32.8% to $0.1870 in pre-market trading after falling 15% on Thursday.
• Wheeler Real Estate Investment Trust, Inc. WHLR shares climbed 23.2% to $1.22 in pre-market trading after falling 12% on Thursday.
• Intelligent Living Application Group Inc. ILAG gained 21% to $0.9799 in pre-market trading after falling around 17% on Thursday.
• SEALSQ Corp LAES rose 19.2% to $1.74 in pre-market trading. SEALSQ recently disclosed unaudited revenue of $22.1 million for the first nine months of 2023, representing a 20.4% increase from the year-ago period.
• American Well Corporation AMWL shares rose 17.6% to $1.11 in pre-market trading. U.S. Defense Health Agency selected Amwell and leidos to power the digital first initiative for the U.S. Military Health System.
• Knight-Swift Transportation Holdings Inc. KNX shares gained 16.6% to $53.49 in pre-market trading after the company reported better-than-expected third-quarter financial results.
• Ucommune International Ltd UK rose 15.8% to $0.3797 in pre-market trading. Ucommune International is scheduled to hold an extraordinary general meeting of the Company on Nov. 29, 2023.
• Bowlero Corp. BOWL shares rose 11.9% to $12.20 in pre-market trading. VICI Properties completed acquisition of 38 Bowling Entertainment Centers in sale-leaseback transaction with Bowlero for an aggregate purchase price of $432.9 million.

Losers

• Cuentas Inc. CUEN dipped 29.9% to $0.82 in pre-market trading. The company recently appointed Mr. Shlomo Zakai as Chief Financial Officer and Mr. Adiv Baruch as Strategic Business Officer.
• WEBUY GLOBAL LTD. WBUY shares fell 27.2% to $3.89 in pre-market trading after surging 33% on Thursday. Webuy Global priced $15.2 million initial public offering of 3.8 million ordinary shares at $4 per share.
• SolarEdge Technologies, Inc. SEDG shares fell 24.1% to $86.50 in pre-market trading after the company issued preliminary third-quarter revenue results below estimates and lowered its non-GAAP gross margin forecast. Deutsche Bank downgraded SolarEdge Technologies from Buy to Hold and lowered the price target from $300 to $150, while Roth MKM downgraded the stock from Buy to Neutral and cut the price target from $280 to $100.
• Processa Pharmaceuticals, Inc. PCSA shares fell 21.8% to $0.4219 in pre-market trading.
• Asset Entities Inc. ASST shares fell 19% to $0.2920 in pre-market trading. Asset Entities recently announced it received a notice from the Nasdaq saying that it is not in compliance with the minimum bid price requirement.
• SeaStar Medical Holding Corporation ICU fell 18.5% to $0.9699 in pre-market after gaining over 54% on Thursday. The FDA recently granted the company's Selective Cytopheretic Device Breakthrough Device Designation for hepatorenal syndrome.
• Arcutis Biotherapeutics, Inc. ARQT shares fell 18.2% to $2.48 in pre-market trading. Arcutis Biotherapeutics priced $100 million public offering of 32.5 million common shares at $2.50 per share.
• Atreca, Inc. BCEL shares fell 15% to $0.3130 in pre-market trading, after jumping around 35% on Thursday.
• Spectral AI, Inc. MDAI fell 13.3% to $3.13 in pre-market trading. Spectral AI shares jumped 39% on Thursday after the company announced that its DeepView SnapShot Wound Imaging System was marked for use in the U.K. and received Class 1 medical device classification with the FDA.
• Intuitive Surgical, Inc. ISRG fell 8.1% to $251.50 in pre-market trading after the company reported mixed third-quarter financial results.

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