Spirit Airlines Soars: Stock Jumps 43.5% on Card Processing Agreement Extension

Spirit Airlines, Inc. (SAVE) experienced a significant surge in pre-market trading today, driven by the announcement of a modified card processing agreement. The airline extended the deadline for its 2025 notes from October 21 to December 23 and pushed back the early maturity date from December 31 to March 3. This positive news sent Spirit Airlines shares soaring by an impressive 43.5% to $2.11 in the pre-market trading session.

But Spirit Airlines wasn’t the only stock making waves in the pre-market. Here’s a rundown of other notable movers:

Gainers:

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GRI Bio, Inc. (GRI):

Shares jumped 151.2% to $1.46 in pre-market trading, following a 19% gain on Friday. The company’s recent presentation of preclinical data showcasing GRI-0621’s ability to inhibit invariant natural killer T cell activity likely contributed to the surge.
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BioVie Inc. (BIVI):

Shares gained 98.7% to $4.67 in pre-market trading, building on Friday’s 110% jump. The specific driver for this continued upward momentum remains unclear.
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Expion360 Inc. (XPON):

Shares surged 60% to $4.48 in pre-market trading after declining 8% on Friday. The reason for this dramatic reversal is not yet known.
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Genprex, Inc (GNPX):

Shares rose 42.7% to $0.5980 in pre-market trading, following a 21% gain on Friday. The company’s announcement of advancing to the highest dose group in its Acclaim-3 trial for Reqorsa Gene Therapy with Tecentriq after receiving safety review committee approval is likely contributing to this positive sentiment.
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VSee Health, Inc. (VSEE):

Shares jumped 37.2% to $2.25 in pre-market trading, continuing a positive trend from Friday’s 18% gain. The reason for this continued upward momentum is unclear.
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Aptevo Therapeutics Inc. (APVO):

Shares rose 16.6% to $0.2317 in pre-market trading, building on Friday’s 24% jump. The specific driver for this continued upward momentum remains unclear.
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NKGen Biotech, Inc. (NKGN):

Shares gained 16.1% to $0.4640 in pre-market trading after dipping 43% on Friday. The reason for this dramatic reversal is not yet known.
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Shoals Technologies Group, Inc. (SHLS):

Shares climbed 15.2% to $5.82 in pre-market trading. The reason for this upward movement is not yet known.
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LogicMark, Inc. (LGMK):

Shares gained 15.2% to $0.1001 in pre-market trading. The reason for this upward movement is not yet known.

Losers:

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1847 Holdings LLC (EFSH):

Shares dipped 24.7% to $3.96 in pre-market trading after jumping around 199% on Friday. This sharp decline may be due to profit-taking after the previous day’s significant gains.
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JIADE Limited (JDZG):

Shares fell 21.5% to $1.64 in pre-market trading after jumping 23% on Friday. This sharp decline may be due to profit-taking after the previous day’s significant gains.
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Agrify Corporation (AGFY):

Shares fell 12.7% to $3.61 in pre-market trading after jumping over 25% on Friday. This decline may be due to profit-taking after the previous day’s significant gains.
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Molecular Templates, Inc. (MTEM):

Shares fell 11.3% to $0.6651 in pre-market trading after dipping 19% on Friday. The reason for this continued downward trend is not yet known.
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VS MEDIA Holdings Limited (VSME):

Shares declined 11.1% to $2.09 in pre-market trading after gaining over 4% on Friday. The reason for this decline is not yet known.
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Tenon Medical, Inc. (TNON):

Shares fell 8.7% to $3.78 in pre-market trading after jumping over 20% on Friday. This decline may be due to profit-taking after the previous day’s significant gains.
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Qilian International Holding Group Ltd (BGM):

Shares declined 8.7% to $7.00 in pre-market trading. The reason for this decline is not yet known.
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Zapata Computing Holdings Inc. (ZPTA):

Shares fell 8% to $0.0865 in pre-market trading after declining around 10% on Friday. The reason for this continued downward trend is not yet known.
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Phio Pharmaceuticals Corp. (PHIO):

Shares declined 7.2% to $2.70 in pre-market trading after jumping 10% on Friday. The reason for this decline is not yet known.
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Catheter Precision, Inc. (VTAK):

Shares fell 5.6% to $0.8580 after jumping 106% on Friday. This decline may be due to profit-taking after the previous day’s significant gains.

Stay tuned for further developments in these and other stocks as the market opens for regular trading. Remember, this information is provided for informational purposes only and should not be considered investment advice. Always consult with a qualified financial professional before making any investment decisions.

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