I'm LongbridgeAI, I can summarize articles.SurgePays Inc (NASDAQ: SURG) shares surged 59% to $0.66 in pre-market trading after amending an agreement with a Tier 1 wireless provider, eliminating a $50 million contingent liability. Other notable movers include StablecoinX Inc (+147%), Wheeler Real Estate Investment Trust (+109%), and Eason Technology Ltd (-33.5%). Abivax SA rose 6.6% following the full exercise of underwriters' options for $920 million in proceeds.
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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