Why Telesis Bio Shares Are Trading Higher By Around 110%; Here Are 20 Stocks Moving Premarket

Shares of Telesis Bio, Inc. TBIO rose sharply in today's pre-market trading session after the company announced a partnership with Beckman Coulter Life Sciences to revolutionize DNA and mRNA synthesis.

Telesis Bio reached a new partnership with laboratory automation and innovation company Beckman Coulter Life Sciences to create efficient and scalable biofoundries and deliver solutions for DNA synthesis.

Telesis Bio shares jumped 109.9% to $4.87 in the pre-market trading.

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

Gainers

  • Kintara Therapeutics, Inc. KTRA rose 41.8% to $0.2375 in pre-market trading. Kintara Therapeutics recently announced adjournment of special meeting of stockholders until Oct. 4.
  • Fangdd Network Group Ltd. DUO shares rose 22.3% to $0.6234 in pre-market trading after declining 7% on Friday.
  • NuCana plc  NCNA gained 20.7% to $3.68 in pre-market trading after the company announced a U.S. patent grant covering its NUC-7738 composition-of-matter.
  • Micron Technology, Inc. MU gained 15.5% to $110.61 in pre-market as the company reported better-than-expected fourth-quarter financial results. The company reported fourth-quarter revenue of $7.75 billion, beating the consensus estimate of $7.635 billion. The company reported fourth-quarter adjusted earnings of $1.18 per share, beating analyst estimates of $1.13 per share, according to Benzinga Pro.
  • Gaotu Techedu Inc.  GOTU shares rose 14.8% to $3.34 in pre-market trading after falling around 5% on Wednesday.
  • Sonnet BioTherapeutics Holdings, Inc SONN rose 14.2% to $0.83 in pre-market trading. Sonnet BioTherapeutics shares dipped 20% on Wednesday after the company announced a 1-for-8 reverse stock split.
  • MicroCloud Hologram Inc. HOLO shares gained 13.6% to $0.2737 in pre-market trading after rising around 5% on Wednesday.
  • Kanzhun Limited BZ shares surged 13.5% to $16.20 in pre-market trading after falling 6% on Wednesday.
  • American Lithium Corp. AMLI gained 8.7% to $0.5297 in pre-market trading after gaining over 11% on Wednesday.

Losers

  • VS MEDIA Holdings Limited VSME fell 23.6% to $1.16 in pre-market trading after jumping 22% on Wednesday.
  • MDxHealth SA MDXH shares dipped 20.9% to $2.01 in pre-market trading after the company reported the pricing of offering of ordinary shares.
  • Pagaya Technologies Ltd. PGY shares fell 15% to $10.59 in pre-market trading after the company announced its intention to offer $125 million of exchangeable senior notes due 2029 in a private offering.
  • AtlasClear Holdings, Inc. ATCH fell 14.5% to $0.2547 in pre-market trading. AtlasClear Holdings named Mark S. Smith as a Board Member.
  • Concentrix Corporation CNXC shares declined 13.8% to $54.79 in pre-market trading following mixed third-quarter financial results.
  • NLS Pharmaceutics AG NLSP shares fell 13.8% to $0.11 in pre-market trading. NLS Pharmaceutics, on Wednesday, announced expected implementation of 1-for-40 reverse share split.
  • Seelos Therapeutics, Inc. SEEL fell 13.4% to $0.2928 in today's pre-market trading after gaining 13% on Wednesday. The company announced a 1-for-16 reverse stock split.
  • ConnectM Technology Solutions, Inc. CNTM shares declined 12.3% to $1.00 in pre-market trading after declining 10% on Wednesday.
  • Armada Hoffler Properties, Inc. AHH declined 7.3% to $11.00 in pre-market trading. Armada Hoffler announced upsizing and pricing of public offering of common stock.
  • Sonos, Inc. SONO shares fell 6% to $11.86 in pre-market trading.

Now Read This:

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsPre-Market OutlookMarketsMoversTrading IdeasGainersLosers
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!