The pre-market trading session saw a flurry of activity, driven by Saratoga Investment Corp. (SAR)’s strong second-quarter earnings report. The company exceeded analysts’ expectations, reporting earnings of $1.33 per share compared to the anticipated 94 cents per share. This positive news sent Saratoga Investment shares soaring by 7.9% to $25.43.
While Saratoga Investment led the charge, other companies also saw notable price changes. Here’s a rundown of some key movers and shakers:
Gainers:
*
Carmell Corporation (CTCX):
Up 52.5% to $0.5118 after a slight dip on Tuesday.*
WW International, Inc. (WW):
Spiked 42.4% to $1.65, building on a 47% surge on Tuesday following the announcement of compounded semaglutide being added to their offerings.*
Arcadium Lithium plc (ALTM):
Gained 31.1% to $5.56 after Rio Tinto announced plans to acquire the company in an all-cash transaction for $5.85 per share.*
Kezar Life Sciences, Inc. (KZR):
Rose 20.3% to $0.8850 after Tang Capital Management revealed a 9.9% active stake in the company, acquiring 7.2 million shares for $5.6 million.*
iCoreConnect Inc. (ICCT):
Increased 16.1% to $0.4150 following the announcement of their acquisition of substantially all of the assets of the Healthcare Circle of Excellence.*
PLBY Group, Inc. (PLBY):
Surged 12% to $0.80.*
The Oncology Institute, Inc. (TOI):
Jumped 10.2% to $0.3449 after a minor decline on Tuesday.*
IN8bio, Inc. (INAB):
Gained 9.5% to $0.2466 following a slight dip on Tuesday.*
Standard Lithium Ltd. (SLI):
Rose 7.5% to $1.86 after declining 8% on Tuesday.Losers:
*
Paltalk, Inc. (PALT):
Dipped 20.2% to $2.45 after a slight decline on Tuesday.*
Kidpik Corp. (PIK):
Declined 19.6% to $1.76.*
Moolec Science SA (MLEC):
Fell 19.2% to $0.7100 after reporting a loss for the fourth quarter.*
LeddarTech Holdings Inc (LDTC):
Fell 18.7% to $0.22 after a gain on Tuesday.*
Nature’s Miracle Holding Inc. (NMHI):
Fell 17% to $0.1632 after a significant gain on Tuesday.*
Ambow Education Holding Ltd. (AMBO):
Declined 15.8% to $3.52 after a gain on Tuesday.*
Royalty Management Holding Corporation (RMCO):
Fell 14.7% to $0.7865 after declining 3% on Tuesday.*
Ontrak, Inc. (OTRK):
Fell 14.2% to $2.37 after a significant surge on Tuesday.*
Delek Logistics Partners, LP (DKL):
Fell 10.2% to $40.11 after pricing its public offering of 3,846,153 common units at $39 per unit.*
UP Fintech Holding Limited (TIGR):
Declined 7.3% to $8.92 after a slight dip on Tuesday.The pre-market session provides a glimpse into the potential direction of the market before the regular trading day begins. It’s essential to note that these pre-market fluctuations don’t necessarily guarantee the same movements during the regular trading session. Investors should remain vigilant and continue to monitor the market closely for any further developments.
