Why Tempest Therapeutics Shares Are Trading Higher By Around 50%; Here Are 20 Stocks Moving Premarket

Shares of Tempest Therapeutics Inc (NASDAQ: TPST ) rose sharply in pre-market trading after the California-based clinical-stage biotechnology company announced an exclusive option agreement with Hebei Senlang Biotechnology Co., Ltd. According to the announcement, the agreement gives Tempest an exclusive option to license Senlang’s CD7-targeted lentiviral vector platform and its in vivo CAR-T pipeline, including a BCMA/GPRC5D dual-targeting candidate in Phase 1 trials for relapsed or refractory multiple myeloma. Tempest Therapeutics shares jumped 49.6% to $1.13 in pre-market trading. Here are some other stocks moving in pre-market trading.

Gainers Megan Holdings Ltd (NASDAQ: MGN ) gained 97% to $0.25 in pre-market trading after dipping over 27% on Tuesday. Synergy CHC Cor p (NASDAQ: SNYR ) rose 60.6% to $0.13 in pre-market trading after dipping around 10% on Tuesday. Synergy CHC recently announced it filed for Chapter 11 Bankruptcy. DataMeds AI Inc (NASDAQ: MEDS ) gained 59.9% to $2.59 in pre-market trading following the announcement that it completed the acquisition of Helomics Corp., an AI-driven cancer diagnostics laboratory, from Axe Compute Inc.

(NASDAQ: AGPU ). ReTo Eco-Solutions Inc (NASDAQ: RETO ) rose 32.8% to $3.72 in pre-market trading after jumping 676% on Tuesday. Jinxin Technology Holding Co (NASDAQ: NAMI ) rose 31.1% to $2.99 in pre-market trading. Jinxin Technology shares jumped around 27% on Tuesday after the company announced an economic interest transfer agreement with HK EDUCATION and Yuanwei Network.

Greenwave Technology Solutions Inc (NASDAQ: GWAV ) gained 23.7% to $3.29 in pre-market trading after falling 16% on Tuesday. Einride AB (NASDAQ: ENRD ) gained 13.3% to $4.25 in pre-market trading. Canaccord Genuity analyst George Gianarikas, on Tuesday, initiated coverage on Einride with a Buy rating and announced a price target of $8. Bausch Health Companies Inc (NYSE: BHC ) rose 10.1% to $6.24 in pre-market trading after declining 4% on Tuesday.

Polestar Automotive Holding Uk Plc (NASDAQ: PSNY ) gained 7.4% to $7.86 in pre-market trading. Losers First Breach Inc. (NASDAQ: FBDT ) tumbled 27.7% to $0.72 in pre-market trading. First Breach shares jumped 56% on Tuesday after the company announced it secured a Type 23 Federal Explosives License from the Bureau of Alcohol, Tobacco, Firearms and Explosives.

Cuprina Holdings (Cayman) Ltd (NASDAQ: CUPR ) fell 23.2% to $2.25 in pre-market trading after dropping 8% on Tuesday. Advasa Holdings (NASDAQ: ADBT ) fell 17.6% to $0.10 in pre-market trading after jumping over 30% on Tuesday. Huachen AI Parking Management Technology (NASDAQ: HCAI ) fell 17.5% to $0.50 in pre-market trading. Huachen AI Parking Management Technology shares dipped around 67% on Tuesday after the company announced the pricing of $2.75 million registered direct offering.

Cheetah Net Supply Chain Service Inc (NASDAQ: CTNT ) fell 16.3% to $0.052 in pre-market trading. Cheetah Net Supply Chain Services shares dipped 59% on Tuesday after the company announced it has entered into a Membership Interest Purchase Agreement to acquire 100% of the membership interests of JoyPak Supply. iPower Inc (NASDAQ: IPW ) declined 14.8% to $2.24 in pre-market trading after jumping 36% on Tuesday. Raytech Holding Ltd (NASDAQ: ATTT ) fell 14.4% to $2.32 in pre-market trading.

J B Hunt Transport Services Inc (NASDAQ: JBHT ) fell 9.6% to $246.90 in pre-market trading. Lexicon Pharmaceuticals In c (NASDAQ: LXRX ) fell 8% to $1.85 in pre-market trading. Beta Bionics Inc (NASDAQ: BBNX ) fell 7.1% to $17.87 in pre-market trading after the company reported the pricing of public offering of common stock and pre-funded warrants. Photo via Shutterstock