Why Vuzix Shares Are Trading Higher By Around 15%; Here Are 20 Stocks Moving Premarket

Author: Avi Kapoor | June 20, 2024 08:22am

Shares of Vuzix Corporation (NASDAQ:VUZI) rose sharply in today's pre-market trading after the company disclosed a strategic partnership with Avegant to develop optimized waveguide optical modules for use in future AI-enabled smart glasses.

Vuzix shares jumped 15% to $1.53 in the pre-market trading session.

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

Gainers

SMX (Security Matters) Public Limited Company (NASDAQ:SMX) rose 109.8% to $0.2497 in pre-market trading after jumping 19% on Tuesday.
Selina Hospitality PLC (NASDAQ:SLNA) gained 46.9% to $0.1024 in pre-market trading after declining 7% on Tuesday.
Tempest Therapeutics, Inc. (NASDAQ:TPST) shares rose 44.5% to $4.12 in pre-market trading. Tempest will report new data from global randomized combination study of Amezalpat (TPST-1120) in first-line hepatocellular carcinoma on June 20.
Nexalin Technology, Inc. (NASDAQ:NXL) gained 27.8% to $1.33 in pre-market trading. Nexalin Technology shares jumped around 38% on Tuesday after the company was awarded a US patent on ‘Transcranial alternating current dynamic frequency stimulation (TACS) method for Alzheimers and Dementia.’
Presto Automation Inc. (NASDAQ:PRST) shares climbed 19.7% to $0.0880 in pre-market trading after falling around 5% on Tuesday.
Molecular Partners AG (NASDAQ:MOLN) shares rose 19.5% to $9.50 in pre-market trading after gaining 9% on Tuesday.
Griid Infrastructure Inc. (NASDAQ:GRDI) rose 17.7% to $0.6598 in pre-market trading after falling more than 10% on Tuesday.
ASLAN Pharmaceuticals Limited (NASDAQ:ASLN) shares gained 14.7% to $0.3581 in pre-market trading after dipping 13% on Tuesday.
Bilibili Inc. (NASDAQ:BILI) shares climbed 8% to $17.47 in pre-market trading. On Tuesday, JP Morgan analyst Daniel Chen upgraded Bilibili from Neutral to Overweight and announced a $21 price target.

Losers

NLS Pharmaceutics AG (NASDAQ:NLSP) shares fell 22% to $0.2107 in pre-market trading after jumping 82% on Tuesday.

La Rosa Holdings Corp. (NASDAQ:LRHC) shares fell 17.2% to $1.48 in pre-market trading. La Rosa Holdings shares jumped 72% on Tuesday after the company entered a non-binding letter of intent to acquire a controlling interest in Red Door Title.
Kaival Brands Innovations Group, Inc (NASDAQ:KAVL) shares declined 15.5% to $3.80 in pre-market trading after gaining 8% on Tuesday.
Huize Holding Limited (NASDAQ:HUIZ) shares fell 15% to $0.85 in pre-market trading.
Actelis Networks, Inc. (NASDAQ:ASNS) fell 14.2% to $1.82 in pre-market trading. Actelis Networks shares jumped 84% on Tuesday after the company announced an agreement to serve as Carahsoft’s public sector distributor.
SRIVARU Holding Limited (NASDAQ:SVMH) shares fell 13.3% to $0.2160 in pre-market trading. SRIVARU, last week, announced it will begin accepting paid reservations and bookings for its flagship product, the PRANA 2.0, on June 16th.
Virios Therapeutics Inc (NASDAQ:VIRI) shares declined 12.1% to $0.22 in pre-market trading.
Salarius Pharmaceuticals, Inc. (NASDAQ:SLRX) shares dipped 9% to $2.66 in pre-market trading after dipping over 14% on Tuesday.
Dunxin Financial Holdings Limited (NASDAQ:DXF) shares fell 9.4% to $0.1950 in pre-market trading after dipping 17% on Tuesday.
Vanda Pharmaceuticals Inc. (NASDAQ:VNDA) fell 6% to $5.96 in pre-market trading after the company rejected unsolicited takeover bids, citing undervaluation.