Why SurgePays Shares Are Trading Higher By 59%; Here Are 20 Stocks Moving Premarket

Shares of Surgepays Inc (NASDAQ: SURG ) rose sharply in pre-market trading after the Tennessee-based wireless and fintech company amended its agreement with a Tier 1 wholesale wireless network provider.

The deal restructures wholesale pricing and eliminates a prior $50 million minimum purchase commitment over three years, wiping the related contingent liability from SurgePays’ balance sheet.

Surgepays shares jumped 59% to $0.66 in pre-market trading.

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

Gainers StablecoinX Inc. (NASDAQ: USDE ) rose 147% to $5.14 in pre-market trading after falling 24% on Wednesday.

Wheeler Real Estate Investment Trust Inc (NASDAQ: WHLR ) rose 109.1% to $2.07 in pre-market trading after dipping more than 20% on Wednesday.

Big Tree Cloud Holdings Ltd (NASDAQ: DSY ) rose 71.3% to $4.94 in pre-market trading after gaining 7% on Wednesday.

Stablecoin Development Corp (NYSE: SDEV ) gained 32.7% to $1.38 in pre-market trading.

Liminatus Pharma Inc (NASDAQ: LIMN ) gained 31.5% to $0.15 in pre-market trading after Liminatus amended and restated its merger agreement with InnocsAI LLC, a cell-therapy developer, on Tuesday.

Avalanche Treasury Corp (NASDAQ: AVAT ) gained 17.2% to $0.59 in pre-market trading.

Shinhan Financial Group Co Ltd (NYSE: SHG ) jumped 8% to $67.50 in pre-market trading.

Abivax SA (NASDAQ: ABVX ) gained 6.6% to $141.35 in pre-market trading.

Abivax announced full exercise of underwriters’ option to purchase additional ADSs, bringing gross proceeds of offering to $920 million (€807 million).

Wipro Ltd (NYSE: WIT ) gained 4.3% to $1.95 in pre-market trading after dipping around 17% on Wednesday.

Losers Eason Technology Ltd (NYSE: DXF ) tumbled 33.5% to $0.58 in pre-market trading after jumping over 140% on Wednesday.

The company issued a statement saying it is not aware of any material non-public information behind recent unusual trading activities.

Direct Digital Holdings Inc (NASDAQ: DRCT ) fell 31.8% to $1.95 in pre-market trading after gaining over 5% on Wednesday.

Linkhome Holdings Inc (NASDAQ: LHAI ) fell 28.7% to $1.95 in pre-market trading.

Linkhome Holdings shares jumped 315% on Wednesday after the company announced it has completed the acquisition of 100% of the equity interests of Mortgage One Group..

Token Cat Ltd – ADR (NASDAQ: TC ) shares dipped 23.3% to $3.68 in pre-market trading after gaining 159% on Wednesday.

LQR House Inc (NASDAQ: YHC ) fell 21.3% to $0.041 in pre-market trading after dipping 34% on Wednesday.

The company recently announced a two-year agreement with BytePlus.

NewGenIvf Group Ltd (NASDAQ: NIVF ) fell 20% to $0.44 in pre-market trading after gaining around 3% on Wednesday.

Franklin Covey Co (NYSE: FC ) declined 19.7% to $20.07 in pre-market trading after the company lowered its full-year revenue guidance, overshadowing stronger profit growth in its third quarter.

Hitek Global Inc (NASDAQ: HKIT ) fell 17.3% to $0.18 in pre-market trading.

Hitek Global shares dipped around 24% on Wednesday after the company announced a 1-for-25 reverse stock split.

RoboStrategy Inc (NASDAQ: BOT ) fell 7.6% to $36.65 in pre-market trading.

RoboStrategy recently announced a $34 million placement of 1.347 million shares to institutional investors at $25.17 per share.

DSC Holdings ADR (NASDAQ: DSC ) fell 7% to $7.17 in pre-market trading after gaining 40% on Wednesday.

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