Pre-market hot trades in US stocks: SoFi Tech pre-market down 7.26%; Cypherpunk Tech pre-market up 7.09%

Pre-market Hot Trades in US Stocks

SoFi Tech is down 7.26% in pre-market trading. Based on recent key news:

1. On December 5, SoFi announced a public stock offering at a price of $27.50 per share, raising $1.5 billion. This move led to a pre-market drop of approximately 7.26%. Source: Zhitong Finance

2. On December 5, SoFi plans to use the proceeds from the stock offering to enhance its capital position and support business growth. The stock price fell 5.8% in after-hours trading. Source: Zhitong Finance

3. On December 5, analysts rated SoFi as a hold with an average target price of $26.96, implying a potential downside of 8.92%. Source: MarketWatch The fintech industry faces capital management challenges.

Cypherpunk Tech is up 7.09% in pre-market trading, with no significant news recently. The trading is active, and the capital flow is evident. Considering the sector and industry trends, the stock shows significant volatility, and the specific reasons need further observation.

Top Gainers in Pre-market US Stocks

Lion Group Holding is up 59.82% in pre-market trading. Based on recent key news:

1. On December 4, Lion Group Holding announced a $10 million private placement to acquire Bitcoin. This move aims to use Bitcoin as a financial reserve for the company, significantly boosting 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, with $8 million allocated for acquiring Bitcoin. This news further stimulated market sentiment, and the stock price continued to rise. Source: BlockBeats

3. On December 4, Lion Group Holding released relevant information through the EDGAR system to ensure information transparency and enhance investor confidence. Source: EDGAR Bitcoin price fluctuations affect tech stock performance.

SMX Security Matters is up 43.97% in pre-market trading, with no significant news recently. The trading is active, and the capital flow is evident. Considering the sector and industry trends, the stock shows significant volatility, and the specific reasons need further observation.

Inno is up 39.41% in pre-market trading, with no significant news recently. The trading is active, and the capital flow is evident. Considering the sector and industry trends, the stock shows significant volatility, and the specific reasons need further observation