Transphorm, Canaan And Other Big Stocks Moving Higher In Thursday's Pre-Market Session

U.S. stock futures were higher this morning, with the Nasdaq futures gaining around 50 points on Thursday.

Shares of Transphorm, Inc. TGAN rose sharply in today’s pre-market trading. after Renesas Electronics announced plans to acquire the company for $5.10 per share in cash.

Transphorm shares surged 30.6% to $4.95 in pre-market trading.

Here are some big stocks recording gains in today’s pre-market trading session.

• Canaan Inc. CAN shares rose 14% to $2.44 in pre-market trading amid strength in the price of Bitcoin after U.S. regulators gave the green light to Bitcoin ETFs.
• TeraWulf Inc. WULF climbed 10.4% to $2.34 in pre-market trading after gaining over 4% on Wednesday.
• Bitdeer Technologies Group BTDR shares gained 10.3% to $8.43 in pre-market trading amid strength in the price of Bitcoin.
• Nukkleus Inc NUKK gained 10.1% to $2.30 in pre-market trading after falling around 15% on Wednesday.
• Bitfarms Ltd BITF rose 8.3% to $3.25 in pre-market trading amid strength in Bitcoin.
• Bit Digital, Inc. BTBT rose 8.1% to $3.74 in pre-market trading amid strength in Bitcoin.
• Hut 8 Corp. HUT gained 7% to $12.96 in pre-market trading. The company on Monday received court approval for its previously announced stalking horse bid transaction.
• iRobot Corporation IRBT gained 5.6% to $31.42 in pre-market trading.
• iRobot shares fell around 20% on Wednesday following a report suggesting Amazon has skipped a settlement offer with the European Commission for its deal with the company.
• HIVE Digital Technologies Ltd. HIVE rose 5.4% to $4.65 in pre-market trading after gaining 5% on Wednesday.

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