CN Energy Regains Compliance With Nasdaq Minimum Market Value Rule

Shares of BloomZ Inc. rose sharply during today's pre-market trading after the company announced it was selected as the primary animation contractor for an upcoming project.

BloomZ shares jumped 63.6% to $1.17 in the pre-market trading session.

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

Gainers

• Tevogen Bio Holdings Inc. rose 58.2% to $0.4103 in pre-market trading after dipping 17% on Wednesday.
• CN Energy Group. Inc. gained 35.7% to $0.7069 in pre-market trading after declining 16% on Wednesday.
• Wheeler Real Estate Investment Trust, Inc. W shares rose 30.1% to $12.70 in pre-market trading after declining 5% on Wednesday.
• Crown Electrokinetics Corp. shares gained 27.4% to $1.49 in pre-market trading..
• Jet.AI Inc. shares surged 21.1% to $0.1121 in pre-market trading after gaining over 5% on Wednesday.
• Fangdd Network Group Ltd. D shares jumped 19.2% to $2.10 in pre-market trading after gaining around 6% on Wednesday.
• Alset Inc. gained 14.1% to $1.70 in pre-market trading.
• Universal Insurance Holdings, Inc. rose 12.5% to $19.09 in pre-market trading after declining around 4% on Wednesday.
• Standard Lithium Ltd. gained 8.9% to $2.08 in pre-market trading after surging over 10% on Wednesday.

Losers

• Klotho Neurosciences, Inc. K shares dipped 33.9% to $0.3329 in pre-market trading after gaining around 4% on Wednesday.
• 10x Genomics, Inc. shares declined 25.2% to $15.56 in pre-market trading as the company reported preliminary revenue of $151.7 million for the third quarter, down 1% year over year.
• Mersana Therapeutics, Inc. fell 21.2% to $1.48 in today's pre-market trading after dipping more than 5% on Wednesday.
• Cemtrex, Inc. C shares fell 18.5% to $0.5790 in pre-market trading after dipping 21% on Wednesday.
• Carmell Corporation fell 13.4% to $0.3716 in pre-market trading after gaining 27% on Wednesday.
• Momentus Inc. shares declined 12.5% to $0.9262 in pre-market trading. Momentus shares surged 155% on Wednesday after the company announced a NASA contract to provide launch services for future agency missions.
• Sacks Parente Golf, Inc. declined 12.5% to $1.60 in pre-market trading. Sacks Parente Golf shares dipped 50% on Wednesday after the company announced a $732K public offering of 366,000 shares of common stock for general corporate and working capital needs.
• Nature’s Miracle Holding Inc. shares fell 12.3% to $0.1706 in pre-market trading.
• TDH Holdings, Inc. shares fell 8.9% to $1.33 after declining 7% on Wednesday
• Arbor Realty Trust, Inc. fell 5.5% to $14.31 in pre-market trading.

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Energy stocks were rising late Thursday afternoon, with the NYSE Energy Sector Index adding 0.7% and the Energy Select Sector SPDR Fund (XLE) up 0.9%.

The Philadelphia Oil Service Sector index climbed 1.1%, and the Dow Jones US Utilities index was up 0.2%.

The International Energy Agency on Thursday reduced its global oil demand growth outlook for 2024, driven by weakness in China. World oil demand is now expected to increase by 900,000 barrels a day this year. This reflects a downgrade from the agency's prior growth outlook of 970,000 barrels, Tudor Pickering Holt said in a note to clients.

Front-month West Texas Intermediate crude oil rose 2.7% to $69.12 a barrel while the global benchmark Brent crude contract advanced 2.1% to $72.12 a barrel.

US natural gas stocks rose by 40 billion cubic feet in the week ended Sept. 6, below the 48 billion increase expected in a survey compiled by Bloomberg and following an increase of 13 billion cubic feet in the previous week.

Henry Hub natural gas futures jumped 3.9% to $2.36 per 1 million BTU.

In corporate news, GE Vernova shares popped nearly 3% as Evercore ISI raised the company's price target to $240 from $202.

CN Energy shares plunged 50% after the company said late Wednesday that it has been notified that it's not in compliance with Nasdaq's minimum market value rule.

Altus Power shares added 1.7% after the company said Thursday that it has added two operational solar projects in Colorado with a combined capacity of 2.5 megawatts.

Energy stocks were higher Thursday afternoon, with the NYSE Energy Sector Index adding 0.9% and the Energy Select Sector SPDR Fund (XLE) up 1%.

The Philadelphia Oil Service Sector index climbed 1.4%, and the Dow Jones US Utilities index was up 0.2%.

Front-month West Texas Intermediate crude oil was rising 2.7% to $69.10 a barrel while the global benchmark Brent crude contract was advancing 2.3% to $72.21 a barrel. Henry Hub natural gas futures jumped 5% $2.38 per 1 million BTU.

US natural gas stocks rose by 40 billion cubic feet in the week ended Sept. 6, below the 48 billion increase expected in a survey compiled by Bloomberg and following an increase of 13 billion cubic feet in the previous week.

In corporate news, CN Energy shares plunged 43.5% after the company said late Wednesday that it has been notified that it's not in compliance with Nasdaq's minimum market value rule.

Altus Power shares added 0.9% after the company said Thursday that it has added two operational solar projects in Colorado with a combined capacity of 2.5 megawatts.

Gran Tierra Energy said Thursday it plans a private offering of additional 9.5% senior secured amortizing notes due 2029. Its shares rose 0.2%.