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Why Alcoa Shares Are Trading Higher; Here Are 20 Stocks Moving Premarket

Published 18/04/2024, 11:28
© Reuters.  Why Alcoa Shares Are Trading Higher; Here Are 20 Stocks Moving Premarket
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Benzinga - by Priya Nigam, Benzinga Staff Writer.

Shares of Alcoa Corporation (NYSE: AA) rose sharply in today’s pre-market trading after the company reported better-than-expected sales for its first quarter.

The company reported quarterly losses of 81 cents per share, according to data from Benzinga Pro. Alcoa still sees full-year alumina production of between 9.8 million and 10 million metric tons and full-year alumina shipments between 12.7 million and 12.9 million metric tons.

Alcoa shares jumped 3% to $36.60 in pre-market trading.

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

Gainers

  • Tian Ruixiang Holdings Ltd (NASDAQ: TIRX) shares gained 155.6% to $1.24 in pre-market trading after gaining around 8% on Wednesday.
  • MicroCloud Hologram Inc. (NASDAQ: HOLO) gained 51.8% to $3.40 in pre-market trading after falling around 5% on Wednesday.
  • Smart for Life, Inc. (NASDAQ: SMFL) shares gained 28.4% to $0.6035 in pre-market trading after gaining over 21% on Wednesday.
  • Tantech Holdings Ltd (NASDAQ: TANH) gained 19.6% to $0.88 in pre-market trading.
  • Zapp Electric Vehicles Group Ltd (NASDAQ: ZAPP) shares rose 19.3% to $0.20 in pre-market trading after tumbling 35% on Wednesday.
  • ReTo Eco-Solutions Inc (NASDAQ: RETO) rose 19% to $1.13 in today’s pre-market trading after tumbling 25% on Wednesday.
  • Acurx Pharmaceuticals Inc (NASDAQ: ACXP) gained 10.6% to $1.99 in pre-market trading after gaining over 8% on Wednesday.
  • Bruush Oral Care Inc. (NASDAQ: BRSH) shares gained 10.4% to $0.0488 in pre-market trading.
  • Tenax Therapeutics, Inc. (NASDAQ: TENX) shares gained 9.3% to $3.98 in pre-market trading.
Losers
  • Planet Green Holdings Corp. (NYSE: PLAG) fell 20.6% to $0.16 in pre-market trading after dipping 10% on Wednesday.
  • Soligenix, Inc. (NASDAQ: SNGX) fell 19.8% to $0.4090 in pre-market trading after gaining 8% on Wednesday.
  • NRx Pharmaceuticals, Inc. (NASDAQ: NRXP) fell 19.4% to $3.36 in pre-market trading. NRx Pharmaceuticals announced a proposed underwritten public offering of common stock.
  • Semilux International Ltd. (NASDAQ: SELX) fell 17.8% to $1.29 in pre-market trading.
  • Trio Petroleum Corp. (NASDAQ: TPET) declined 17% to $0.2821 in pre-market trading. Trio Petroleum shares dipped 30% on Wednesday after the company announced it entered into a securities purchase agreement with an institutional investor in the amount of $360,000..
  • ICZOOM Group Inc. (NASDAQ: IZM) shares fell 15.6% to $5.05 in pre-market trading after tumbling 88% on Wednesday. ICZOOM announced cancellation of proposed public offering.
  • Arrowroot Acquisition Corp. (NASDAQ: AILE) fell 15% to $8.50 pre-market trading after dipping 42% on Wednesday.
  • SeaStar Medical Holding Corporation (NASDAQ: ICU) shares fell 14.2% to $0.60 in pre-market trading after the company reported worse-than-expected fourth-quarter financial results.
  • Spectaire Holdings Inc. (NASDAQ: SPEC) fell 13.3% to $0.6762 pre-market trading. Spectaire recently announced that it signed a distribution partnership agreement with a Fortune 1000 Energy Company.
  • Flora Growth Corp (NASDAQ: FLGC) shares declined 10.5% to $1.60 in pre-market trading.

Now Read This: Investor Sentiment Decreases Further, S&P 500 Falls For Fourth Straight Session

© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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