Shares of Xperi Inc. (XPER) surged in today’s pre-market trading after the company announced an agreement to sell nearly all of its assets and certain liabilities to Amazon.com services for $80 million. This deal sent Xperi shares skyrocketing by 11.6% to $8.43 in pre-market trading.
Gainers
Several other stocks saw significant gains in pre-market trading:
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Applied DNA Sciences, Inc. (APDN):
Shares climbed 130% to $1.80 after a 78% surge on Friday.*
GeoVax Labs, Inc. (GOVX):
The stock gained 56% to $11.01, following a 110% jump on Friday.*
SciSparc Ltd. (SPRC):
Shares rose 32.6% to $0.4907 after the company announced an exclusive patent license agreement with Polyrizon for its SCI-160 program, which is being developed to treat pain.*
ALT5 Sigma Corporation (ALTS):
The stock climbed 28.7% to $2.92, adding to its 25% surge on Friday. The company recently reported a year-over-year increase in July revenue.*
Cingulate Inc. (CING):
Shares gained 27.2% to $22.52 after a remarkable 268% jump on Friday. This surge followed the company’s receipt of a European patent for CTx-1301, its lead asset for the treatment of ADHD.*
Virax Biolabs Group Limited (VRAX):
Shares rose 19.3% to $2.54, building on a 53% climb on Friday.*
Biofrontera Inc. (BFRI):
The stock gained 19.1% to $1.62, following a 16% gain on Friday.*
Able View Global Inc. (ABLV):
Shares climbed 16.1% to $1.80 after a 5% gain on Friday.*
fuboTV Inc. (FUBO):
Shares rose 8.5% to $1.66 in pre-market trading. However, a federal judge has halted a joint venture by media giants Walt Disney Co. (DIS), Fox Corp. (FOXA), and Warner Bros. Discovery Inc. (WBD) to consolidate their sports licensing rights into a new streaming service. This decision came after a lawsuit filed by competitor fuboTV alleging antitrust concerns.Losers
Several stocks experienced declines in pre-market trading:
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Safe and Green Development Corporation (SGD):
Shares fell 25.2% to $0.2152 after the company announced the expansion of its joint venture in Edinburg, Texas.*
Novo Integrated Sciences, Inc. (NVOS):
Shares declined 18.3% to $0.3072, following a dip of over 25% on Friday.*
Zoomcar Holdings, Inc. (ZCAR):
Shares declined 16.4% to $0.1488, despite a 60% surge on Friday after the company reported its first-quarter results.*
YXT.COM GROUP HOLDING LIMITED (YXT):
Shares fell 15.5% to $8.47, continuing a decline that began on Friday.*
Mereo BioPharma Group plc – ADR (MREO):
Shares fell 14.8% to $0.5609, despite a 6% gain on Friday. The company recently reported a quarterly loss of 2 cents per share.*
Digital Ally Inc (DGLY):
Shares dipped 14.3% to $1.26 after the company reported a loss for the second quarter.*
Autonomix Medical, Inc. (AMIX):
Shares fell 13.8% to $0.5396.*
VS MEDIA Holdings Limited (VSME):
Shares declined 13.2% to $0.99, following a 15% gain on Friday.*
OS Therapies Incorporated (OSTX):
Shares fell 9.8% to $3.14.*
