US Premarket Movers
Select US stocks are moving premarket due to various announcements and earnings reports
Upside: -ILLR +55% (enters Definitive Agreement to acquire $411M of financial exposure to SpaceX) -QUCY +30% (approves acquisition of equity stake in SpaceX) -SHPH +24% (United Dogecoin purchases Dogecoin miners and secures renewable energy data centre site) -TII +22% (signs lease with US Army for graphite processing) -ACAD +16% (CHMP recommends marketing authorization for DAYBU (trofinetide) in Rett syndrome neurobehavioral symptoms) -CNVS +12% (earnings, guidance) -APOG +9.1% (earnings, guidance) -SYNA +4.9% (ON Semi acquires Synaptics in all-stock deal at ~$7B enterprise value) -XNET +3.4% (authorizes $20M share repurchase program) -DKNG +2.5% (launches proprietary prediction markets exchange DKeX) Downside: -ON -14% (acquires Synaptics in all-stock deal at ~$7B enterprise value) -QMCO -9.1% (earnings, guidance) -SNDK -5.8% (profit-taking) -TOYO -3.8% (closes $50M registered direct offering of 4.5M shares and warrants at $11.00/shr)