Pre-market hot trades in US stocks: Kala Bio up 5.81% in pre-market; Baidu up 4.68% in pre-market

Pre-market Hot Trades in US Stocks

Kala Bio pre-market rose 5.81%. Based on recent key news:

1. On December 4, Kala Bio announced a direct offering of 10 million shares at a price of $1 per share, expecting total proceeds of approximately $10 million. This move aims to repay debt and for general corporate purposes, driving the stock price up by 14.59%. Source: Company announcement

2. On December 4, Kala Bio's board appointed David Lazar as CEO, who previously served as CEO of NovaBay Pharmaceuticals. The leadership change may enhance market confidence. Source: Benzinga

3. On December 3, Kala Bio submitted a preliminary ownership statement to the U.S. Securities and Exchange Commission, confirming Oxford Finance LLC as the beneficial owner. This move may affect investors' perceptions of corporate governance. Source: SEC announcement. The biopharmaceutical industry has been volatile recently and requires attention.

Baidu pre-market rose 4.68%. Based on recent key news:

1. On December 5, news that Baidu's AI chip business Kunlun plans to go public in Hong Kong stimulated the stock price increase. Kunlun recently completed a round of financing, with a valuation reaching 21 billion RMB, and is expected to complete its IPO in early 2027. This news pushed Baidu's stock price up by as much as 7.8% during the session, currently reported at 121.8 RMB, with the increase narrowing to 5.2%. Source: Reuters

2. On December 5, JP Morgan believes that Baidu's investment narrative is undergoing a fundamental shift, expecting that Kunlun chip sales and GPU computing demand will significantly boost revenue growth. JP Morgan forecasts that Baidu's Kunlun chip revenue will soar from approximately 1.3 billion RMB in 2025 to 8.3 billion RMB in 2026, an increase of 6 times. Source: Zhitong Finance

3. On December 5, Baidu's stock price was influenced by the news of Kunlun's planned listing, sharply rising in the afternoon, having increased by over 7%. As of the time of publication, it rose 4.49%, reported at 120.9 HKD, with a trading volume of 1.648 billion HKD. Source: Zhitong Finance. The capitalization process in the AI chip industry is accelerating, and market enthusiasm is high.

Top Gainers in Pre-market US Stocks

Lion Group Holding pre-market rose 57.76%. Based on recent key news:

1. On December 4, Lion Group Holding announced a private placement worth $10 million to acquire Bitcoin. This move is seen as a strategic increase in the company's digital asset reserves, significantly driving up the stock price. Source: Reuters

2. On December 4, Lion Group Holding signed a securities purchase agreement amendment, planning to raise $9.984 million through convertible bonds, of which $8 million will be used to acquire Bitcoin as the company's financial reserve. This news further enhances market confidence in its digital asset strategy. Source: BlockBeats On December 4th, the technical sentiment signal from Lion Group Holdings indicated a sell, however, the market's positive response to its Bitcoin acquisition plan drove the stock price up. Source: TipRanks Digital Asset Market volatility is increasing, caution is advised.

SMX Security Matters, pre-market up 42.84%, no significant news recently. Trading is active, with clear capital flow. Considering sector and industry trends, the stock shows significant volatility, and specific reasons need further observation.

Inno, pre-market up 40.35%, no significant news recently. Trading is active, with clear capital flow. Considering sector and industry trends, the stock shows significant volatility, and specific reasons need further observation