Shares of Trip.com Group Limited (TCOM) surged in today’s pre-market trading following the release of their second-quarter earnings report. The company reported adjusted earnings per ADS of $1.00, exceeding market estimates of 74 cents per share. This positive news sent Trip.com Group shares soaring by 9.7% to $46.45 in the pre-market session.
Beyond Trip.com Group, several other stocks experienced notable movement in pre-market trading. Among the gainers, Trinity Biotech plc (TRIB) saw a remarkable increase of 87.5% to $3.75 after announcing a projected revenue increase for its TrinScreen HIV product to $10 million from $8 million. Smart for Life, Inc. (SMFL) also experienced significant growth, rising 50.9% to $1.63 following an update on prospective acquisitions. Society Pass Incorporated (SOPA) gained 35.6% to $1.41, adding to its 10% gain from Monday. Tantech Holdings Ltd (TANH) rose 31% to $0.2022, building upon its 11% gain from the previous trading day. Addex Therapeutics Ltd (ADXN) also saw a notable increase, gaining 16.7% to $8.74 after announcing the selection of clinical candidates from their research collaboration with Indivior. ZW Data Action Technologies Inc. (CNET) gained 13.5% to $0.7488, extending its Monday gains of over 11%. Signing Day Sports, Inc. (SGN) saw a 12.8% increase to $0.3232, following its 32% surge on Monday. Galapagos NV (GLPG) gained 7.9% to $30.62, building on its 10% gain from the previous trading day after Ecor1 Capital reported a 9.9% stake in the company. Tuya Inc. (TUYA) rose 7.4% to $1.90 after releasing their second-quarter results.
On the other hand, several stocks experienced declines in pre-market trading. Nxu, Inc. (NXU) fell 12% to $0.3030. QT Imaging Holdings, Inc. (QTI) shares declined 11.2% to $0.57, following a 5% drop on Monday. Cheetah Net Supply Chain Service Inc. (CTNT) shares fell 10% to $0.2961 after a 25% gain on Monday. VivoPower International PLC (VVPR) fell 9.9% to $2.18. Addentax Group Corp (ATXG) fell 8.8% to $0.56. TuanChe Limited (TC) fell 8.3% to $1.65 after gaining 9% on Monday. Intelligent Living Application Group Inc (ILAG) shares fell 8% to $0.86. WM Technology, Inc. (MAPS) shares declined 7.9% to $1.06 after gaining 5% on Monday. Gaotu Techedu Inc. (GOTU) shares fell 7.4% to $3.78 following weak quarterly earnings. Ballard Power Systems Inc (BLDP) shares dipped 3.2% to $1.84 after declining around 5% on Monday.
