Why Greenland Technologies Shares Are Trading Higher By Around 40%; Here Are 20 Stocks Moving Premarket

Shares of Greenland Technologies Holding Corporation GTEC rose sharply in today's pre-market trading after the company reported better-than-expected second-quarter EPS results.

Greenland Technologies reported quarterly earnings of 34 cents per share which beat the analyst consensus estimate of 4 cents per share. The company reported quarterly sales of $23.017 million which missed the analyst consensus estimate of $27.000 million.

Greenland Technologies shares jumped 40.2% to $2.25 in pre-market trading.

Here are some other stocks moving in pre-market trading.

Gainers

  • Cingulate Inc. CING rose 81.3% to $8.70 in today's pre-market trading. Cingulate shares jumped 159% on Thursday after the company was granted European patent No. 3261625 for CTx-1301, its lead asset for the treatment of ADHD
  • Seelos Therapeutics, Inc. SEEL gained 48.4% to $0.4009 in pre-market trading after jumping 15% on Thursday.
  • COSCIENS Biopharma Inc. CSCI gained 28% to $7.68 in pre-market trading after declining around 4% on Thursday.
  • Quantum BioPharma Ltd  QNTM shares rose 20.7% to $5.14 in pre-market trading after dipping 27% on Thursday.
  • Treasure Global Inc. TGL gained 18.2% to $0.7794 in pre-market trading after falling 6% on Thursday.
  • Siyata Mobile Inc. SYTA gained 16.7% to $2.79 in pre-market trading after posting quarterly results.
  • Blue Hat Interactive Entertainment Technology BHAT gained 13.2% to $0.7010 in pre-market trading after declining around 8% on Thursday.
  • Planet Labs PBC PL gained 12.9% to $2.45 in pre-market trading after the company announced that its first hyperspectral satellite, Tanager-1, along with 36 SuperDoves (Flock 4BE), will launch on the Transporter-11 rideshare mission with SpaceX on August 16.
  • Emergent BioSolutions Inc. EBS gained 8.4% to $9.39 in pre-market trading after jumping 14% on Thursday.

Losers

  • Shimmick Corporation SHIM shares declined 25.9% to $2.43 in pre-market trading after the company reported worse-than-expected second-quarter financial results.
  • Thunder Power Holdings, Inc. AIEV declined 18.6% to $0.56 in pre-market trading.
  • Sonida Senior Living, Inc. SNDA fell 15.4% to $27.06 in today's pre-market trading. Sonida Senior Living priced its upsized public offering of 4.3 million common stock at $27 per share.
  • Mobile-health Network Solutions MNDR shares fell 13% to $0.80 in pre-market trading.
  • Lucas GC Limited LGCL shares dipped 12.4% to $1.55 in pre-market trading after jumping 38% on Thursday. The company recently announced a $6 million share repurchase program.
  • Sidus Space, Inc. SIDU fell 11.8% to $2.91 in pre-market trading. Sidus Space will host its second quarter financial results conference call on Monday, Aug. 19.
  • Sonnet BioTherapeutics Holdings, Inc. SONN shares fell 10.9% to $0.7216 in pre-market trading. Sonnet Biotherapeutics shares gained around 13% on Thursday after the company announced it filed U.S. Patent Application # 20240269236.
  • Novo Integrated Sciences, Inc. NVOS shares declined 7.1% to $0.47 in pre-market trading.
  • Vicinity Motor Corp. VEV shares fell 10% to $0.1530 in pre-market trading after declining 7% on Thursday.
  • Quince Therapeutics, Inc. QNCX fell 9.9% to $0.4869 in pre-market trading.

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