--- title: "Pre-market hot trades in US stocks: U Power up 9.07% pre-market; Western Digital down 7.78% pre-market" type: "News" locale: "en" url: "https://longbridge.com/en/news/284879071.md" description: "U Power pre-market rose 9.07%; Western Digital pre-market fell 7.78%; Cue BioPharma pre-market rose 64.04%; 22nd Century Group pre-market rose 51.93%; Akanda pre-market rose 38.36%" datetime: "2026-05-01T09:02:47.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/284879071.md) - [en](https://longbridge.com/en/news/284879071.md) - [zh-HK](https://longbridge.com/zh-HK/news/284879071.md) --- # Pre-market hot trades in US stocks: U Power up 9.07% pre-market; Western Digital down 7.78% pre-market **Pre-market Hot Trades in US Stocks** U Power pre-market up 9.07%. Based on recent key news: 1. On April 28, U Power announced the signing of subscription agreements with 10 buyers to sell 15.7 million shares at a price of $1.64 per share. This move boosted the stock price, showing increased market confidence in the company's future development. Source: Economic Information Daily 2. On April 28, Guofu Hydrogen Energy announced the subscription of an 8.5% stake in U Power for a total consideration of $3.6 million. This strategic investment will help promote the hydrogen energy business in the Southeast Asian market, further enhancing U Power's market value. Source: Huigang Communications 3. On April 28, U Power's technical signals indicated a sell, with market valuation constrained by negative price-to-earnings ratios and a lack of dividend yield data. Nevertheless, the stock price still rose due to the subscription agreements. Source: Spark Report on the rapid growth of the new energy industry, with significant policy support. Western Digital pre-market down 7.78%. Based on recent key news: 1. On May 1, Western Digital reported third-quarter results that exceeded expectations, but the stock price fell over 7% in after-hours trading. Despite revenue and earnings per share being above market expectations, concerns about the sustainability of the AI capital expenditure cycle led to the stock price decline. Source: Jinshi Data 2. On April 30, Western Digital's stock price fell 8.2% in after-hours trading. Despite a strong earnings report, the market may have experienced selling pressure due to "good news being fully priced in," as its stock price had risen about 900% over the past year. Source: MarketWatch 3. On April 29, Seagate Technology's earnings report exceeded expectations, driving Western Digital's stock price up 10%. However, the market remains cautious about the long-term sustainability of AI demand. Source: You Analysis AI demand drives growth in the storage industry, with supply bottlenecks emerging. **Top Gainers in Pre-market US Stocks** Cue Biopharma pre-market up 64.04%. Based on recent key news: 1. On April 30, Cue Biopharma announced the completion of a $30 million private placement. This move will provide important funding support for the company's R&D projects, leading to a significant increase in stock price. 2. On April 30, Cue Biopharma appointed Shao-Lee Lin as the new CEO and President. Shao-Lee Lin's extensive experience and leadership capabilities are viewed positively by the market, further boosting the stock price. 3. On May 1, Cue Biopharma released detailed information about the above news, confirming the specifics of the financing and executive changes, enhancing investor confidence. The biopharmaceutical industry has shown strong performance recently, with significant capital inflows. 22nd Century Group pre-market up 51.93%. Based on recent key news: 1. On April 29, 22nd Century Group shared its vision for 2026 regarding the growth of its VLN® product and leadership in tobacco harm reduction. This news has strengthened market confidence in the company's future development, driving a significant increase in stock price Source: XXII Stock News 2. On April 29, 22nd Century Group is set to announce its Q1 2026 financial report on April 30, with expected revenue of $4.61 million and an EPS of -$1.20. Market expectations for the financial report may impact stock price fluctuations. Source: FactSet 3. On April 29, 22nd Century Group released relevant content through GlobeNewswire, further consolidating market trust in its information. Source: Public Technologies The US stock market has recently experienced increased volatility, and risks should be monitored. Akanda pre-market rose 38.36%. Based on recent news, 1. On April 29, Akanda urged investors to vote as soon as possible to avoid further delays in company decisions. This move aims to expedite the corporate governance process, enhance market confidence, and drive stock price increases. 2. On May 1, the US Department of Justice reclassified state-regulated cannabis to Schedule III drugs, improving investor sentiment in cannabis stocks. Akanda's stock price surged significantly due to its smaller public float, achieving the best weekly gain in history. 3. On April 30, Akanda's stock price rebounded above the March lows, well above the 20-day and 100-day simple moving averages, indicating strong upward momentum in the short and medium term. The Relative Strength Index (RSI) is at 89.71, indicating strong market momentum. 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