--- title: "Pre-market hot trades in US stocks: Deere up 3.85% pre-market; SoFi Tech up 3.37% pre-market" type: "News" locale: "en" url: "https://longbridge.com/en/news/296473107.md" description: "Deere pre-market rose 3.85%; SoFi Tech pre-market rose 3.37%; Reitar Logtech pre-market rose 110.35%; BTC Digital pre-market rose 107.90%; Singularity Future Tech pre-market rose 84.60%" datetime: "2026-08-20T10:18:10.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/296473107.md) - [en](https://longbridge.com/en/news/296473107.md) - [zh-HK](https://longbridge.com/zh-HK/news/296473107.md) generator: "portal-rs" --- # Pre-market hot trades in US stocks: Deere up 3.85% pre-market; SoFi Tech up 3.37% pre-market **Pre-market Hot Trades in US Stocks** Deere is up 3.85% in pre-market trading. Based on recent key news: 1. On August 20, Deere raised the lower end of its full-year net income forecast, expecting net income of $4.75 billion to $5 billion in 2026, benefiting from improved demand for small tractors and construction equipment. This news drove the stock price up, source: Reuters. 2. On August 20, Deere's net income for the third quarter increased by 7% year-on-year to $1.379 billion, with strong performance in the small agriculture and lawn and construction and forestry sectors offsetting declines in production and precision agriculture. This performance boosted market confidence, source: SEC announcement. 3. On August 19, JP Morgan analysts lowered Deere's target price from $590 to $570, maintaining a "neutral" rating. This rating adjustment put some pressure on the stock price, source: Gelonghui. Agricultural equipment demand is improving, but macroeconomic uncertainty remains. SoFi Tech is up 3.37% in pre-market trading. Based on recent key news: 1. On August 17, Piper Sandler analyst Patrick Moley initiated coverage of SoFi with an "overweight" rating and a target price of $22, implying about 21% upside potential. The analyst pointed out two major growth drivers: increased loan demand from younger borrowers and cross-selling opportunities to existing members. This news drove the stock price up by about 0.8%. 2. On August 18, Piper Sandler's latest bullish endorsement indicated that SoFi is preparing for a significant rebound. Analyst Patrick Moley believes SoFi is successfully implementing its CEO's vision of creating a financial "one-stop shop" platform covering banking, investing, credit cards, and insurance, aimed at deepening user engagement. This news drove the stock price up by about 2%. 3. On August 19, SoFi's stock price rose by 4.39% to $17.85. Analysts noted that the key resistance level is around $19, especially with the 200-day EMA near $18.97. This news drove the stock price up. The fintech industry has performed strongly recently, with significant capital inflows. **Top Gainers in Pre-market US Stocks** Reitar Logtech is up 110.35% in pre-market trading. Based on recent key news: 1. On August 17, Reitar Logtech Holdings Ltd. released important information through the EDGAR system of the U.S. Securities and Exchange Commission, leading to a significant rise in the stock price. The release of this information triggered a positive market reaction, causing the stock price to surge by 110.35% in pre-market trading. Source: EDGAR 2. On August 18, market analysis indicated that Reitar Logtech's stock price movement resembles an electrocardiogram, showing extreme volatility. Although this analysis did not provide specific investment advice, its focus on the company's cash flow and order backlog may have affected investor confidence Source: MarketWatch 3. Recently, there are no other important news. The market is highly volatile, and industry trends need to be monitored. BTC Digital pre-market rose 107.90%. Based on recent key news: 1. On August 20, Coty Inc. announced its fourth-quarter financial report, with mixed results, and issued a lower-than-expected first-quarter adjusted earnings per share guidance. The company also disclosed that the exit from the Gucci Beauty license would lead to a decline in sales and profits for the fiscal year 2028, causing the stock price to drop 7.7% in pre-market trading. 2. On August 20, Coty Inc. announced its fourth-quarter financial report, with mixed results, and issued a lower-than-expected first-quarter adjusted earnings per share guidance. The company also disclosed that the exit from the Gucci Beauty license would lead to a decline in sales and profits for the fiscal year 2028, causing the stock price to drop 7.7% in pre-market trading. Recent market volatility is significant, and macroeconomic dynamics need to be monitored. Singularity Future Tech pre-market rose 84.60%. Based on recent key news: 1. On August 19, Singularity Future Technology announced a registered direct offering at a price of $3 per share, with expected total proceeds of approximately $1.8 million. This move aims to expand the capital base and promote strategic partnerships, driving the stock price up. 2. On August 18, the company plans to conduct a $30 million private placement and intends to change its name to Compower Ltd, while proposing a reverse stock split plan. This news has attracted market attention, leading to stock price fluctuations. 3. On August 18, Singularity Future Technology reached a securities purchase agreement with non-U.S. investors to sell 21.52 million shares of common stock, raising approximately $30 million. This move is seen as a positive signal to enhance liquidity and support the company's plans. Financing activities in the technology sector are frequent, and market volatility has intensified ### Related Stocks - [DE.US](https://longbridge.com/en/quote/DE.US.md) - [SOFI.US](https://longbridge.com/en/quote/SOFI.US.md) - [RITR.US](https://longbridge.com/en/quote/RITR.US.md) - [BTCT.US](https://longbridge.com/en/quote/BTCT.US.md) - [SGLY.US](https://longbridge.com/en/quote/SGLY.US.md) ## Related News & Research - [Deere Analysts Increase Their Forecasts After Strong Q2 Results](https://longbridge.com/en/news/296627899.md) - [Deere Earnings: Has the Stock Outrun the Farm Cycle?](https://longbridge.com/en/news/296784264.md) - [BUZZ-Street View: Deere finds room to grow in tough soil](https://longbridge.com/en/news/296585217.md) - [Machinery Stock Eyes Best Day Since February After Earnings](https://longbridge.com/en/news/296511690.md) - [Deere & Company Announces Quarterly Dividend | DE Stock News](https://longbridge.com/en/news/297071941.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**