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Why Triumph Group Shares Are Trading Higher By Over 36%; Here Are 20 Stocks Moving Premarket

Benzinga·02/03/2025 11:10:05
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Shares of Triumph Group, Inc. (NYSE:TGI) rose sharply in today's pre-market trading after the company agreed to be acquired by affiliates of Warburg Pincus and Berkshire Partners in an all-cash transaction valued at approximately $3 billion.

Triumph Group shares jumped 36.5% to $25.57 in the pre-market trading session.

Here are some other stocks moving in pre-market trading.

Gainers

  • MDJM Ltd (NASDAQ:UOKA) gained 194% to $0.3822 in pre-market trading.
  • Reborn Coffee, Inc. (NASDAQ:REBN) rose 65.6% to $5.47 in pre-market trading after jumping more than 62% on Friday.
  • Blue Hat Interactive Entertainment Technology (NASDAQ:BHAT) gained 41% to $0.0509 in pre-market trading after declining around 10% on Friday.
  • SilverBox Corp IV (NYSE:SBXD) gained 33.8% to $13.50 in pre-market trading.
  • William Penn Bancorporation (NASDAQ:WMPN) shares jumped 24.7% to $15.74 in pre-market trading.
  • Kingsoft Cloud Holdings Limited (NASDAQ:KC) rose 17.3% to $14.75 in pre-market trading after declining 5% on Friday.
  • Shenandoah Telecommunications Company (NASDAQ:SHEN) gained 10.2% to $11.90 in pre-market trading. Glo Fiber, powered by Shenandoah Telecommunications, announced the expansion of its fiber network in Lancaster, Ohio.
  • Stratasys Ltd. (NASDAQ:SSYS) shares climbed 9.2% to $10.17 in pre-market trading. Stratasys reported preliminary fourth-quarter revenue of $150.1 million to $150.5 million and net income of $8.1 million to $8.6 million. The company also secured a $120 million investment from Fortissimo Capital, strengthening balance sheet for growth.
  • GH Research PLC (NASDAQ:GHRS) gained 6.5% to $11.29 in pre-market trading after gaining over 9% on Friday.

Losers

  • Viracta Therapeutics, Inc (NASDAQ:VIRX) shares fell 49.2% to $0.0770 in pre-market trading after declining over 3% on Friday.
  • Cyngn Inc. (NASDAQ:CYN) dipped 47.2% to $0.1425 in pre-market trading after dipping 19% on Friday.
  • Heramba Electric plc (NASDAQ:PITA) shares fell 33.2% to $0.5880 in pre-market trading.
  • Perfect Moment Ltd. (NASDAQ:PMNT) fell 23.7% to $0.5330 in today's pre-market trading.
  • Envirotech Vehicles, Inc. (NASDAQ:EVTV) shares tumbled 23.4% to $0.3477 in pre-market trading after jumping 31% on Friday. Envirotech Vehicles recently announced it has received orders for 48 vehicles to New Jersey.
  • Focus Universal Inc. (NASDAQ:FCUV) fell 21.4% to $4.79 in pre-market trading after gaining 62% on Friday. Focus Universal recently announced a reverse stock split.
  • Unisys Corporation (NYSE:UIS) fell 18.8% to $5.41 in pre-market trading. Unisys will release its fourth-quarter and full-year 2024 financial results on Tuesday, Feb. 18, 2025, after the close of markets.
  • AleAnna, Inc. (NASDAQ:ANNA) fell 13.9% to $10.01 in pre-market trading.
  • Torrid Holdings Inc. (NYSE:CURV) declined 11.6% to $6.24 in pre-market trading after gaining 5% on Friday.
  • Kornit Digital Ltd. (NASDAQ:KRNT) shares dipped 6.7% to $27.10 in pre-market trading. Kornit Digital will release its financial results for the fourth quarter and full year ended Dec. 31, 2024, on Wednesday, Feb. 12, 2025.

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