--- title: "Pre-market hot trades in US stocks: Xos pre-market down 11.99%; Top Ships pre-market down 11.96%" type: "News" locale: "en" url: "https://longbridge.com/en/news/288692535.md" description: "Xos pre-market down 11.99%; TOP Ships pre-market down 11.96%; TaoWeave pre-market up 79.61%; CXApp pre-market up 65.52%; Foxx Development pre-market up 63.94%" datetime: "2026-06-04T09:02:41.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/288692535.md) - [en](https://longbridge.com/en/news/288692535.md) - [zh-HK](https://longbridge.com/zh-HK/news/288692535.md) --- # Pre-market hot trades in US stocks: Xos pre-market down 11.99%; Top Ships pre-market down 11.96% **Pre-market Hot Trades in US Stocks** Xos is down 11.99% in pre-market trading. Based on recent key news: 1. On June 3, Xos launched the 2.5MWh Power Hub energy storage system, aimed at addressing grid connection delays. This significantly boosted investor confidence, driving the stock price up sharply. Source: Benzinga 2. On June 3, Xos's stock price surged over 175% during intraday trading, currently reported at $5.99. The company's new product sparked market enthusiasm, leading to a substantial increase in stock price. Source: Benzinga 3. On June 4, Xos's stock price broke through the previous 52-week high of $5.60, becoming a key support level for buyers. This marks a significant change compared to the trading range in spring. Source: Benzinga The industry trend is positive, and the macroeconomic environment is stable. TOP Ships is down 11.96% in pre-market trading, with no significant news recently. Trading is active, and capital flows are 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** TaoWeave is up 79.61% in pre-market trading. Based on recent key news: 1. On June 1, TaoWeave invested $1 million in Manako Labs, acquiring a minority stake and entering the physical AI market. This transaction grants TaoWeave priority commercialization rights in North America, creating a new source of recurring revenue that surpasses its digital asset activities. TaoWeave will generate revenue through licensing agreements with the Manako platform, which transforms existing camera data into operational intelligence. This move has significantly boosted TaoWeave's stock price. Source: Business Wire The physical AI market has broad prospects, attracting investor attention. CXApp is up 65.52% in pre-market trading. Based on recent key news: 1. On June 3, CXApp announced that its subsidiary acquired Engineroom for approximately $4.6 million. This move is seen by the market as an important step for the company's business expansion, driving the stock price up sharply. 2. On June 3, CXApp released a statement highlighting risks the company faces, including management challenges in growing profits and losing major clients, but this did not deter investor optimism regarding the company's expansion plans, further driving the stock price up. 3. On June 4, Benzinga Edge stock rankings showed that CXApp has positive price momentum in the short term, despite a negative medium to long-term trend. The positive momentum in the short term attracted more investor attention, leading to a continued rise in stock price. The market reacted positively to the company's expansion plans, with strong short-term momentum. Foxx Development is up 63.94% in pre-market trading, with no significant news recently. Trading is active, and capital flows are evident. Considering the sector and industry trends, the stock shows significant volatility, and the specific reasons need further observation ### Related Stocks - [XOS.US](https://longbridge.com/en/quote/XOS.US.md) - [TOPS.US](https://longbridge.com/en/quote/TOPS.US.md) - [TWAV.US](https://longbridge.com/en/quote/TWAV.US.md) - [CXAI.US](https://longbridge.com/en/quote/CXAI.US.md) - [FOXX.US](https://longbridge.com/en/quote/FOXX.US.md) ## Related News & Research - [TOP Ships Lifts Net Asset Value 24%, Plans Exit from Megayacht Sector](https://longbridge.com/en/news/293949162.md) - [TOP Ships to buy three 2029-delivery MR tankers for USD 7.4 million](https://longbridge.com/en/news/294210114.md) - [TOP Ships estimates June 30 NAV at $359.2 million, up 24% from prior report](https://longbridge.com/en/news/293933138.md) - [TOP Ships Announces Sale of a Newbuilding MR Tanker for about $6.5 million | TOPS Stock News](https://longbridge.com/en/news/294088405.md) - [TOP Ships plans sale of 47-meter yacht Para Bellvm, exits megayacht sector](https://longbridge.com/en/news/293476024.md)