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Why Paranovus Entertainment Technology Shares Are Trading Higher By Around 66%; Here Are 20 Stocks Moving Premarket
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Shares of Paranovus Entertainment Technology Ltd (NASDAQ:PAVS) rose sharply in pre-market trading after the company confirmed in a Form 6-K filing with the U.S. Securities and Exchange Commission that it has ended its sales agreement with A.G.P/Alliance Global Partners, a regional investment and advisory firm registered with the SEC and a FINRA member since 1980, known for wealth management, institutional services, and investment banking capabilities.

Paranovus Entertainment Technology shares jumped 65.6% to $0.49 in pre-market trading.

Here are some other stocks moving in pre-market trading.

Gainers

  • Edible Garden AG Inc (NASDAQ:EDBL) gained 33% to $2.42 in pre-market trading.
  • urban-gro Inc (NASDAQ:UGRO) gained 30.1% to $8.01 in pre-market trading. urban-gro shares jumped 182% on Monday after the company announced that its merger with Sri Lanka’s Innovative Production Group, including its portfolio of T20 league commercial rights, has been completed..
  • NetGear Inc (NASDAQ:NTGR) gained 15.3% to $25.46 in pre-market trading after adding over 5% on Monday.
  • EpicQuest Education Group Internatnl Ltd (NASDAQ:EEIQ) gained 15.2% to $2.50 in pre-market trading after climbing 14% on Monday.
  • BioCryst Pharmaceuticals Inc (NASDAQ:BCRX) rose 14.2% to $11.20 in pre-market trading on unconfirmed rumors suggesting that the company may be seeing M&A activity.
  • Bark Inc (NYSE:BARK) rose 11.1% to $0.70 in pre-market trading. BARK announced up to $28 million in annual savings due to cost reduction initiatives and potential for approximately $15 million in IEEPA tariff refunds.
  • Merlin Inc (NASDAQ:MRLN) gained 8.1% to $10.55 in pre-market trading after adding 22% on Monday.
  • Jefferies Financial Group Inc (NYSE:JEF) surged 9.2% to $43.20 in pre-market trading. Japan’s SMFG is reportedly exploring a possible takeover of Jefferies.
  • Concentrix Corp (NASDAQ:CNXC) gained 5.7% to $34.94 in pre-market trading ahead of quarterly earnings.

Losers

  • Outlook Therapeutics Inc (NASDAQ:OTLK) tumbled 27.3% to $0.23 in pre-market trading after announcing a proposed public offering.
  • PTL Ltd (NASDAQ:PTLE) dipped 17% to $6.65 in pre-market trading after gaining 88% on Monday.
  • Hitek Global Inc (NASDAQ:HKIT) fell 15% to $0.097 in pre-market trading after dipping 90% on Monday.
  • Ridgetech Inc (NASDAQ:RDGT) fell 14% to $3.08 in pre-market trading after gaining 18% on Monday.
  • DevvStream Corp (NASDAQ:DEVS) fell 13.5% to $0.52 in pre-market trading after dipping 23% on Monday. DevvStream recently announced a series of strategic transactions that reduce its debt.
  • Wetour Robotics Ltd (NASDAQ:WETO) fell 13.2% to $0.55 in pre-market trading after declining 19% on Monday.
  • Republic Power Group Ltd (NASDAQ:RPGL) dipped 12% to $0.54 in pre-market trading after falling 11% on Monday.
  • Impact Biomedical Inc (NYSE:IBO) shares dipped 9.4% to $0.59 in pre-market trading after falling 17% on Monday.
  • Hesai Group – ADR (NASDAQ:HSAI) declined 6.6% to $22.00 in pre-market trading after reporting fourth-quarter results.
  • LG Display Co Ltd (NYSE:LPL) fell 5.8% to $4.04 in pre-market trading after gaining around 7% on Monday.

Photo via Shutterstock

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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