Shares of eBay Inc (NASDAQ:EBAY) rose sharply in pre-market trading after GameStop Corp. (NYSE:GME) on Sunday proposed to acquire the company for $125 per share in a cash-and-stock transaction, valuing the video game retail chain at approximately $55.5 billion.

The offer represented a 20% premium to eBay’s closing price on Friday.

eBay shares jumped 8.1% to $112.50 in pre-market trading.

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

Gainers

• Skycorp Solar Group Ltd (NASDAQ:PN) gained 99.2% to $5.71 in pre-market trading after the company announced it acquired the remaining stake in Nanjin Cesun Power.
• DevvStream Corp (NASDAQ:DEVS) gained 47.8% to $0.46 in pre-market trading after adding 8% on Friday.
• Advanced Biomed Inc (NASDAQ:ADVB) rose 37.7% to $7.26 in pre-market trading.
• Rallybio Corp (NASDAQ:RLYB) rose 33.2% to $12.54 in pre-market trading after gaining 5% on Friday.
• Sono Group NV (NASDAQ:SSM) gained 23.1% to $7.39 in pre-market trading after dipping 8% on Friday.
• Celcuity Inc (NASDAQ:CELC) rose 17.4% to $147.56 in pre-market trading after the company said its Phase 3 VIKTORIA-1 trial met primary endpoint with clinically meaningful improvement in progression-free survival in PIK3CA mutant cohort.
• Xerox Holdings Corp (NASDAQ:XRX) gained 17.1% to $3.16 in pre-market trading after gaining 20% on Friday. Xerox, last week, reported better-than-expected quarterly sales results.
• Lunai Bioworks Inc (NASDAQ:LNAI) jumped 13.4% to $0.36 in pre-market trading after falling 3% on Friday.
• BlackBerry Ltd (NYSE:BB) rose 12.7% to $6.11 in pre-market trading.

Losers

• Origin Materials Inc (NASDAQ:ORGN) fell 37.2% to $1.67 in pre-market trading after the company announced it is selling its PET cap technology and an orderly wind down of operations. The company is reducing its workforce.
• 22nd Century Group Inc (NASDAQ:XXII) fell 33.2% to $0.92 in pre-market trading. 22nd Century Group filed prospectus to sell up to $6.4 million shares under sales agreement.
• AIOS Tech Inc (NASDAQ:AIOS) fell 21.1% to $17.37 in pre-market trading after jumping 140% on Friday.
• Baiya International Group Inc (NASDAQ:BIYA) declined 18.1% to $1.18 in pre-market trading. Baiya International Group, last week, posted a FY loss of $5.04 per share.
• iTonic Holdings Ltd (NASDAQ:ITOC) fell 15% to $0.30 in pre-market trading.
• Brag House Holdings Inc (NASDAQ:TBH) tumbled 14.1% to $0.61 in pre-market trading.
• Classover Holdings Inc (NASDAQ:KIDZ) shares dipped 14.1% to $0.74 in pre-market trading. Classover filed prospectus for offering of $200 million mixed shelf.
• Hemab Therapeutics Holdings, Inc. (NASDAQ:COAG) dipped 7.4% to $31.50 in pre-market trading after surging 89% on Friday. Hemab Therapeutics priced its upsized initial public offering of 16.75 million common shares at $18.00 per share.
• Evolus Inc (NASDAQ:EOLS) fell 6.2% to $5.00 in pre-market trading. Evolus will report first quarter financial results on May 4.
• Spyre Therapeutics Inc (NASDAQ:SYRE) dipped 5.4% to $65.70 in pre-market trading. Spyre Therapeutics announced grants of inducement awards.

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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.