Why Flora Growth shares are trading down about 20%; Here are the 20 stocks moving in the pre-market – Flora Growth (NASDAQ:FLGC)

Shares of Flora Growth Corp. FLGC They fell sharply in premarket trading today after the company reported the launch of a proposed underwritten public offering of common stock.

Flora Growth shares fell 20.2% to $2.13 in premarket trading.

Here are some other stocks moving in premarket trading.

Winners

  • HWH International Inc. HWH rose 175% to $4.32 in premarket trading.
  • Zhongchao Inc. ZCMD gained 43% to $2.18 in premarket trading after gaining 22% on Wednesday.
  • Brooge energy limited BROG gained 26.4% to $2.39 in premarket trading after falling more than 20% on Wednesday.
  • Sintx Technologies, Inc. SYNT shares rose 23.5% to $0.0284 in premarket trading. Shares of SiNtx Technologies fell about 45% on Wednesday after the company announced the pricing of a $1.5 million public offering of common stock.
  • Addex Therapeutics Ltd ADXN shares rose 15.1% to $17.84 in premarket trading. Shares of Addex Therapeutics gained 18% Wednesday after the company and funds affiliated with Perceptive Advisors announced the launch of Neurosterix.
  • Destiny Tech100 Inc. DXYZ shares gained 14.5% to $30.95 in premarket trading after jumping 27% on Wednesday.
  • SRM Entertainment, Inc. SRM rose 12.5% ​​to $1.80 in premarket trading.
  • Eiger BioPharmaceuticals, Inc. EIGR gained 12.1% to $1.85 in premarket trading. Eiger Biopharmaceuticals said April 2 that it received notice from Nasdaq that the company’s common stock will be delisted from Nasdaq.
  • Simulations Plus, Inc. SLP rose 8.9% to $41.88 in premarket trading after the company posted better-than-expected results for the second quarter.
  • Levi Strauss & Co. LEVI Shares rose 7.9% to $20.13 in premarket trading after the company reported positive earnings for the first quarter and raised its earnings forecast for 2024.


Losers

  • Casa Systems, Inc. HOME fell 20.8% to $0.0435 in pre-market trading. Casa Systems said the company and certain units have entered into an asset purchase agreement with Lumine that provides for the sale and purchase of the debtors’ APA Cloud/Ran assets.
  • Reliance Global Group, Inc. RELI fell 14.2% to $0.3165 in pre-market trading. Reliance Global Group is expected to release fourth quarter results on April 4, 2024.
  • XTI Aerospace, Inc. XTIA fell 13.5% to $3.97 in premarket trading after gaining 31% on Wednesday.
  • LAMF Global Ventures Corp.I LGVC shares fell 10% to $10.00 in premarket trading. Shares of LAMF Global Ventures Corp. I gained 3% Wednesday after the company announced that shareholders approved its previously announced business combination with Nuvo.
  • ARCA biopharma, Inc. FIR fell 9.2% to $2.95 in premarket trading. ARCA Biopharma shares jumped 90% on Wednesday after the company and Oruka Therapeutics announced a merger deal.
  • OneMedNet Corporation ONMD In premarket trading the shares fell 9.1% to $0.9632. OneMedNet shares rose 34% on Wednesday after the company completed a stock purchase agreement to provide up to $4.54 million in financing.
  • Trans Pharma Inc GRASS fell 9% to $0.78 in premarket trading, after falling about 14% on Wednesday.
  • VivoPower international PLC VVPR fell 8.3% to $5.88 in premarket trading. VivoPower shares rose about 9% on Wednesday after the company declared a capital management strategy that includes a stock buyback program of up to $5 million.
  • MSP Recovery, Inc. LIFW fell 7.5% to $0.9989 in premarket trading, after jumping more than 18% on Wednesday.

Now read this: Levi Strauss, Conagra Brands and 3 stocks to watch until Thursday

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