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Noteworthy Stock Movement: Fusion Pharmaceuticals Acquisition Sends Shares Soaring Noteworthy Stock Movement: Fusion Pharmaceuticals Acquisition Sends Shares Soaring

Shares of Fusion Pharmaceuticals Inc. FUSN surged in pre-market trading as AstraZeneca announced its acquisition of the company for $2 billion in cash.

Fusion Pharmaceuticals shares skyrocketed by 95% to $20.71 in pre-market trading.

A look at some other significant pre-market movers:

Positive Performers

  • Ontrak, Inc. OTRK saw an 84.2% rise to $0.35 in pre-market trading.
  • Zoomcar Holdings, Inc. ZCAR climbed 59.3% to $1.88 in pre-market trading after partnering with EaseMyTrip for car rental services in India.
  • Chijet Motor Company, Inc. CJET experienced a 26.8% increase to $0.7357 in pre-market trading.
  • Li-Cycle Holdings Corp. LICY surged 25.5% to $1.38 in pre-market trading following a $75 million investment from Glencore.
  • National CineMedia, Inc. NCMI gained 23.2% to $5.20 in pre-market trading after strong fourth-quarter results and a $100 million share repurchase program announcement.
  • Verb Technology Company, Inc. VERB rose 18.9% to $0.4276 in pre-market trading with a recent successful social shopping technology integration.
  • Spire Global, Inc. SPIR increased by 17.4% to $14.42 in pre-market trading on news of collaborating with NVIDIA for weather prediction advancements.
  • Spectaire Holdings Inc. SPEC went up by 17.3% to $1.22 in pre-market trading.
  • Augmedix, Inc. AUGX jumped 14.7% to $3.82 in pre-market trading following a successful Q4.

Negative Performers

  • Greenwave Technology Solutions, Inc. GWAV fell by 53.6% to $0.1730 in pre-market trading.
  • JOANN Inc. JOAN dropped 19.5% to $0.1474 in pre-market trading following a debt reduction announcement.
  • ShiftPixy, Inc. PIXY declined by 17.1% to $5.64 in pre-market trading after a strong previous trading day.
  • Acutus Medical, Inc. AFIB fell by 15% to $0.2227 in pre-market trading after a European patent grant.
  • Alpine 4 Holdings, Inc. ALPP dropped by 14.1% to $0.61 in pre-market trading.
  • Wearable Devices Ltd. WLDS decreased by 14% to $0.50 in pre-market trading after previous gains.
  • DLocal Limited DLO tumbled 13.3% to $15.77 in pre-market trading after mixed financial results and a new CFO appointment.
  • StoneCo Ltd. STNE fell by 9.8% to $15.75 in pre-market trading after reporting Q4 results.
  • Portage Biotech Inc. PRTG decreased by 9.7% to $0.5194 in pre-market trading after a gain the previous day.
  • MicroStrategy Incorporated MSTR tumbled 9.2% to $1,365.00 with recent convertible notes offering.
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For more insights: Core & Main, Caleres, and 3 other stocks worth watching as we head into Tuesday trading.