Shares of Forte Biosciences Inc (NASDAQ:FBRX) rose sharply in pre-market trading after argenx SE – ADR (NASDAQ:ARGX) announced plans to acquire the company for $77 per share in cash, valuing the deal at $2.2 billion.

Forte Biosciences shares jumped 38.9% to $76.10 in pre-market trading.

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

Gainers

• T3 Defense Inc (NASDAQ:DFNS) gained 88.7% to $8.21 in pre-market trading after rising around 12% on Friday.
• Ohmyhome Ltd (NASDAQ:OMH) rose 76.6% to $0.89 in pre-market trading after gaining more than 18% on Friday.
• Matinas BioPharma Holdings Inc (NYSE:MTNB) rose 45% to $0.35 in pre-market trading. BTIG terminated its sales agreement with Matinas BioPharma, effective immediately on July 23.
• Baiya International Group Inc (NASDAQ:BIYA) rose 39.4% to $2.69 in pre-market trading. Baiya International Group shares fell 28% on Friday after the company filed a prospectus for a $200 million mixed-shelf offering.
• Expion360 Inc (NASDAQ:XPON) gained 19% to $3.92 in pre-market trading after declining around 6% on Friday.
• Next Technology Holding Inc (NASDAQ:NXTT) shares gained 17.2% to $0.72 in pre-market trading after dipping 26% on Friday.
• Co-Diagnostics Inc (NASDAQ:CODX) shares rose 15.3% to $2.42 in pre-market trading after declining 5% on Friday.
• PN Smart Energy Ltd (NASDAQ:PN) rose 13% to $9.02 in pre-market trading after dropping over 15% on Friday.
• Bioventus Inc (NASDAQ:BVS) gained 7.1% to $12.64 in pre-market trading.

Losers

• Stak Inc (NASDAQ:STAK) tumbled 54.1% to $4.26 in pre-market trading after jumping 602% on Friday.
• Mogu Inc – ADR (NYSE:MOGU) fell 18.5% to $1.54 in pre-market trading.
• Catheter Precision Inc (NYSE:VTAK) fell 16.8% to $0.22 in pre-market trading after dipping 35% on Friday. The company’s subsidiary, Fly Flyte, recently announced a strategic partnership with Blade Urban Air Mobility to expand customer reach.
• Nexera Technologies Ltd (NASDAQ:NEXR) declined 15.5% to $0.28 in pre-market trading after falling 7% on Friday.
• Wetour Robotics Ltd (NASDAQ:WETO) fell 13.5% to $0.087 in pre-market trading after dipping around 12% on Friday.
• Bio Green Med Solution Inc (NASDAQ:BGMS) fell 12.5% to $0.80 in pre-market trading after gaining 5% on Friday.
• 707 Cayman Holdings Ltd (NASDAQ:JEM) fell 12.3% to $5.57 in pre-market trading after surging 34% on Friday.
• IM Cannabis Corp (NASDAQ:IMCC) fell 11.2% to $0.11 in pre-market trading after declining 11% on Friday.
• Kosmos Energy Ltd (NYSE:KOS) fell 6.8% to $2.45 in pre-market trading following a 4% decline on Friday.
• Patterson-UTI Energy Inc (NASDAQ:PTEN) fell 6.6% to $9.53 in pre-market trading.

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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.