Modular Medical Soars on FDA Clearance, Other Pre-Market Movers

Shares of Modular Medical, Inc. (MODD) experienced a significant surge in today’s pre-market trading, driven by the company’s announcement of FDA clearance for its MODD1 insulin pump. The stock jumped 29.1% to $2.53 in pre-market trading.

Here are some other notable stocks moving in pre-market trading:

Gainers:

*

Eastside Distilling, Inc. (EAST)

gained 177.2% to $2.11, fueled by the company’s announcement of plans to merge with Beeline Financial Holdings Inc., a strategic move expanding into FinTech mortgage services.
*

YY Group Holding Limited (YYGH)

saw a 47.3% increase to $1.37, following a 10% gain on Wednesday.
*

Volato Group, Inc. (SOAR)

rose 29.2% to $0.54 after announcing a strategic agreement with flyExclusive to transition the management of its fleet operations.
*

Safe and Green Development Corporation (SGD)

gained 18.4% to $0.31 in pre-market trading.
*

Thunder Power Holdings, Inc. (AIEV)

rose 15.3% to $0.83 after reporting unaudited second-quarter 2024 financial results.
*

Faraday Future Intelligent Electric Inc. (FFIE)

climbed 12.8% to $5.91, following a 53% jump on Wednesday, as the company launched its “Your Vision, Our Drive: Co-Creating the Future of Affordable AI EVs” campaign.
*

Shuttle Pharmaceuticals Holdings, Inc. (SHPH)

shares gained 12.2% to $2.66 after issuing a second-quarter corporate update.
*

TuanChe Limited (TC)

saw a 10.9% increase to $1.93 in pre-market trading.
*

Tempus AI, Inc. (TEM)

rose 5.2% to $56.50 in pre-market trading.

Losers:

*

C3.ai, Inc. (AI)

fell 18.7% to $18.70 after announcing first-quarter results.
*

180 Life Sciences Corp. (ATNF)

shares dropped 18% to $2.05, following a 41% gain on Wednesday.
*

Verint Systems Inc. (VRNT)

shares declined 15% to $25.40 after the company reported worse-than-expected second-quarter financial results and announced a new $200 million stock buyback program.
*

Tantech Holdings Ltd (TANH)

shares fell 13.6% to $0.1615, after gaining 35% on Wednesday.
*

Credo Technology Group Holding Ltd (CRDO)

shares declined 13.1% to $27.20 following first-quarter results.
*

Addentax Group Corp (ATXG)

dropped 12.5% to $0.54, following a 21% gain on Wednesday.
*

Focus Universal Inc. (FCUV)

fell 11.8% to $0.2989 in pre-market trading, after gaining 12% on Wednesday.
*

LQR House Inc. (LQR)

shares fell 11.4% to $0.70, following a 22% surge on Wednesday after the company reported a 540% year-over-year increase in revenue for August 2024.
*

ChargePoint Holdings, Inc. (CHPT)

declined 8.9% to $1.54 after reporting worse-than-expected second-quarter revenue results.
*

StoneCo Ltd. (STNE)

shares dipped 8.2% to $11.58 in pre-market trading.

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