Why Match Group Shares Are Trading Higher; Here Are 20 Stocks Moving Premarket

Author: Avi Kapoor | July 16, 2024 05:51am

Shares of Match Group, Inc. (NASDAQ:MTCH) rose sharply in today's pre-market trading.

Starboard Value has taken a keen interest in Match Group. The hedge fund has accumulated a stake of over 6.5% in the online dating company and is advocating for a potential sale if the company's performance does not improve, The Wall Street Journal reported on Monday, citing people familiar with the matter.

Match Group shares jumped 8% to $34.56 in pre-market trading.

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

Gainers

• Conduit Pharmaceuticals Inc. (NASDAQ:CDT) gained 89.8% to $0.4556 in pre-market trading after declining over 8% on Monday.
• Meiwu Technology Company Limited (NASDAQ:WNW) shares rose 46% to $1.27 in pre-market trading after surging around 15% on Monday.
• AEON Biopharma, Inc. (NYSE:AEON) shares rose 17.1% to $2.67 in pre-market trading after jumping around 63% on Monday.
• 36Kr Holdings Inc. (NASDAQ:KRKR) rose 11.1% to $0.33 in pre-market trading. 36Kr Holdings said it has entered into a strategic partnership with Zhi-Tech Group to broaden its business expansion and commercialization initiatives.
• ConnectM Technology Solutions Inc. (NASDAQ:CNTM) gained 11% to $2.54 in pre-market trading after dipping 35% on Monday.
• AgEagle Aerial Systems, Inc. (NASDAQ:UAVS) shares gained 9.1% to $0.4990 in pre-market trading after declining around 5% on Monday.
• Siebert Financial Corp. (NASDAQ:SIEB) shares climbed 8.6% to $1.89 in pre-market trading.
• Opendoor Technologies Inc. (NASDAQ:OPEN) shares surged 8.6% to $2.76 in pre-market trading. Opendoor Technologies is expected to report second quarter financial results after the closing bell on Thursday, Aug. 1.
• Chegg, Inc. (NYSE:CHGG) gained 5.4% to $3.34 in pre-market trading. Morgan Stanley analyst Josh Baer upgraded Chegg from Underweight to Equal-Weight and lowered the price target from $6.5 to $3.25.

Losers

• Greenpro Capital Corp. (NASDAQ:GRNQ) shares fell 20.5% to $0.9384 in pre-market trading. Greenpro Capital shares surged around 35% on Monday after the company announced that its subsidiary, Green-X, secured over $100 million in digital assets.
• Autonomix Medical, Inc. (NASDAQ:AMIX) shares declined 17.4% to $1.14 in pre-market trading. Autonomix shares jumped 130% on Monday after the company entered into an agreement with RF Innovations to license intellectual property for its Apex 6 Radiofrequency Generator.
• American Rebel Holdings, Inc. (NASDAQ:AREB) shares fell 17.4% to $0.5550 in pre-market trading after jumping 29% on Monday.
• Cyngn Inc. (NASDAQ:CYN) shares fell 15% to $7.80 in pre-market trading after jumping 54% on Monday.
• DatChat, Inc. (NASDAQ:DATS) fell 12.2% to $1.66 in pre-market trading. Shares of DatChat jumped around 78% on Monday possibly after the attempted assassination of former President Donald Trump over the weekend.
• Qualigen Therapeutics, Inc. (NASDAQ:QLGN) shares fell 9.7% to $0.3493 in pre-market trading after dipping more than 10% on Monday.
• Vicinity Motor Corp. (NASDAQ:VEV) shares dipped 10.8% to $0.57 in pre-market trading after dipping 10% on Monday.
• Trump Media & Technology Group Corp. (NASDAQ:DJT) shares fell 8.8% to $37.03 in pre-market trading. Trump Media & Technology Group shares jumped over 31% on Monday following the attempted assassination of Donald Trump.
• Anavex Life Sciences Corp. (NASDAQ:AVXL) fell 7% to $5.43 in pre-market trading after surging 8% on Monday.
• Grom Social Enterprises, Inc. (NASDAQ:GROM) shares declined 6.5% to $0.40 in pre-market trading after gaining around 10% on Monday.

Now Read This: Top 5 Consumer Stocks That May Explode In Q3

Posted In: AEON AMIX AREB AVXL CDT CHGG CNTM CYN DATS DJT GRNQ GROM KRKR MTCH OPEN QLGN SIEB UAVS VEV WNW