Why Greenfire Resources Shares Are Trading Higher By Over 25%; Here Are 20 Stocks Moving Premarket
Avi Kapoor 2 hours ago
MarketsTrading IdeasPre-Market OutlookMoversNews
Greenfire shares surged 25% after Strathcona announced a C$2.7B-C$2.9B acquisition; several small-cap stocks posted sharp premarket gains and losses.
Shares of Greenfire Resources Ltd (NYSE:GFR) rose sharply in pre-market trading after Strathcona Resources announced plans to acquire the company in a C$2.7 billion-C$2.9 billion deal, including C$550 million net debt.
Greenfire Resources shares jumped 25.3% to $7.02 in pre-market trading
Here are some other stocks moving in pre-market trading.
Gainers
- CL Workshop Group Ltd – ADR (NASDAQ:NWGL) rose 133.6% to $5.91 in pre-market trading. The company recently announced it will change the ratio of its ADS from 1 ADS representing 8 shares to 1 representing 640 shares.
- JIADE Ltd (NASDAQ:JDZG) gained 132.7% to $0.49 in pre-market trading after dipping over 46% on Friday.
- Ohmyhome Ltd (NASDAQ:OMH) jumped 98.4% to $14.60 in pre-market trading after falling around 45% on Friday.
- Generation Essentials Group (NYSE:TGE) gained 43.7% to $0.52 in pre-market trading.
- NetClass Technology Inc (NASDAQ:NTCL) gained 37.2% to $0.31 in pre-market trading. Univest Securities, LLC announced closing of $1.2 million registered direct offering for its client NetClass Technology.
- J-Star Holding Co Ltd (NASDAQ:YMAT) gained 24.7% to $1.31 in pre-market trading after declining 4% on Friday.
- Vir Biotechnology Inc (NASDAQ:VIR) rose 14.6% to $13.98 in pre-market trading. Vir’s Elebsiran and Tobevibart met primary endpoint in Phase 3 ECLIPSE 1 hepatitis delta trial.
- INLIF Ltd (NASDAQ:INLF) gained 13.2% to $0.26 in pre-market trading after falling over 6% on Friday.
- Faeth Therapeutics, Inc. (NASDAQ:FTH) gained 9% to $24.04 in pre-market trading. Faeth will report PIK-201 Phase 2 data and host virtual event on Nov. 9.
Losers
- Plutus Financial Group Ltd (NASDAQ:PLUT) fell 23.5% to $0.84 in pre-market trading after declining over 10% on Friday.
- Karyopharm Therapeutics Inc (NASDAQ:KPTI) fell 21.7% to $0.043 in pre-market trading after declining over 8% on Friday. Karyopharm Therapeutics, last week, announced it will be delisted from the Nasdaq.
- CDT Equity Inc (NASDAQ:CDT) fell 18.4% to $1.07 in pre-market trading. CDT Equity shares gained around 14% on Friday after the company disclosed that Corvus intends to make a proposal to acquire the entire issued share capital of CDT Equity for $2.00 per share.
- SunCar Technology Group Inc. (NASDAQ:SDA) fell 13.8% to $0.3247 in pre-market trading. SunCar Technology shares surged 144% on Friday after the company forecast 26% nine-month revenue growth, a return to profitability, and announced a $10 million share repurchase program.
- Onconetix, Inc. (NASDAQ:ONCO) tumbled 13.7% to $6.00 in pre-market trading. Onconetix shares jumped over 26% on Friday after the company amended its proposed Realbotix share exchange, extending the deal deadline to March 2027 and revising the transaction terms..
- RedCloud Holdings plc (NASDAQ:RCT) fell 12.3% to $0.0372 in pre-market trading. RedCloud shares climbed 41% on Friday after the London-based technology and B2B open commerce platform announced a new integration agreement in Argentina.
- Pluri Inc. (NASDAQ:PLUR) shares declined 11% to $1.10 in pre-market trading. Pluri recently announced a definitive strategic agreement with ZEO ScientifiX to expand the parties’ U.S. manufacturing and commercialization platform serving the regenerative medicine, aesthetics, wellness, and longevity markets.
- Tianci International, Inc. (NASDAQ:CIIT) fell 10% to $2.16 in pre-market trading after jumping 55% on Friday. The company said revenue for the year ended July 31 climbed to $14.24 million from $9.28 million a year earlier.
- CEVA, Inc. (NASDAQ:CEVA) declined 6.7% to $25.28 in pre-market trading after gaining 10% on Friday.
- Cypherpunk Technologies Inc. (NASDAQ:CYPH) declined 6.6% to $2.69 in pre-market trading after jumping around 16% on Friday.
Photo via Shutterstock
