Dj Tevogen Bio Holdings: Aware And Monitoring The Actions Of Potential Short Selling Activity Targeting Our Co >Tvgn

US stocks look set to open higher in Wednesday's trading session as investors await Nvidia's (NVDA) earnings report and look ahead to key data coming out Thursday, including initial jobless claims, the Philadelphia Fed Manufacturing Index, and annual existing home sales.

The Dow Jones Industrial Average futures were rising 0.2%, S&P 500 futures were up 0.1%, and Nasdaq futures were moving 0.1% higher.

Oil prices were moving higher, with front-month global benchmarks Brent crude and West Texas Intermediate crude rising 0.49% and 0.65% respectively.

In other world markets, Japan's Nikkei was off 0.2%, Hong Kong's Hang Seng gained 0.2%, and China's Shanghai Composite closed 0.7% higher. Meanwhile in Europe's early afternoon session, the UK's FTSE 100 was up 0.2%, while Germany's DAX and France's CAC rose 0.4% and 0.5% respectively.

In equities, shares of Quantum-Si soared more than 135% in Wednesday's premarket activity after the company and SkyWaterTechnology said they expanded their collaboration to support the development of Quantum-Si's Proteus platform for proteomic research. Shares of Carter Bankshares surged 33% after a modest loss Tuesday. Hall of Fame Resort & Entertainment was up 22% after a 1% gain the previous session. Tevogen Bio stock climbed 23% after the company reported Q3 financial results Wednesday and said that "nearly all" liabilities have been eliminated. Shares of Nauticus Robotics rose 20% after the company said late Tuesday that it plans to integrate and test its ToolKITT software on a remotely operated vehicle.

On the losing side, shares of PainReform tumbled more than 28% after the company said Wednesday that data essential for assessing the primary endpoint of a phase 3 trial evaluating PRF-110 "is currently unclear due to incoherence of the data." Avanos Medical shares lost 19%, adding to a 1.8% loss the previous session. Shares of Parke Bancorp were also down 19% after a marginal loss the previous session. Shares of Target dropped 16% after it reported a fiscal Q3 miss and issued lower-than-expected fiscal Q4 and 2024 adjusted EPS guidance. Volato Group's stock fell nearly 15% after jumping 122% on Tuesday.

Shares of Keysight Technologies, Inc. rose sharply in today's pre-market trading reported better-than-expected earnings for its fourth quarter.

Keysight reported quarterly earnings of $1.65 per share which beat the analyst consensus estimate of $1.57. The company reported quarterly sales of $1.287 billion which beat the analyst consensus estimate of $1.258 billion.

The company said it sees first-quarter revenue of $1.265 billion to $1.285 billion and adjusted earnings of $1.65 to $1.71 per share.

Keysight shares jumped 9.3% to $166.20 in the pre-market trading session.

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

Gainers

• Tonix Pharmaceuticals Holding Corp. gained 63.6% to $0.2663 in pre-market trading after jumping 22% on Tuesday.
• Nauticus Robotics, Inc. rose 59.3% to $1.45 in pre-market trading after the company entered into strategic collaboration with SeaTrepid to integrate and test its ToolKITT software on remotely operated vehicles.
• Tevogen Bio Holdings Inc. gained 41.2% to $1.92 in pre-market trading following third-quarter results.
• Digital Brands Group, Inc. gained 30.7% to $0.1524 in pre-market trading after jumping around 18% on Tuesday.
• JX Luxventure Ltd gained 26.2% to $1.64 in pre-market trading after declining around 12% on Tuesday.
• KORE Group Holdings, Inc. gained 25.1% to $2.29 in pre-market trading after the company reported better-than-expected quarterly sales results.
• Algorhythm Holdings, Inc. gained 23.4% to $0.3150 in pre-market trading after reporting third-quarter results.
• Hoth Therapeutics, Inc. climbed 22.2% to $0.9993 in pre-market trading after the company was granted U.S. Patent No. 12,144,815 titled “Use of Aprepitant for Treating Alzheimer’s Disease.”
• Kingsoft Cloud Holdings Limited gained 20.8% to $5.55 in pre-market trading. Kingsoft Cloud, on Tuesday, reported a fiscal third-quarter 2024 revenue of 1.89 billion Chinese yuan ($268.7 million), up by 16.0% year-on-year, beating the analyst consensus estimate of $247.46 million.

Losers

• PainReform Ltd. shares tumbled 26.4% to $1.03 in pre-market trading after jumping 162% on Tuesday. The company announced a 1-for-4 reverse stock split.
• X3 Holdings Co., Ltd. fell 27.4% to $0.1050 in pre-market trading. XTKG announced a 1-for-20 share consolidation.
• Solidion Technology Inc. shares fell 21.2% to $0.5003 in pre-market trading following third-quarter results.
• Volato Group, Inc. declined 16.7% to $0.3912 in pre-market trading after jumping 123% on Tuesday. Volato Group, on Monday, reported a year-over-year increase in third-quarter financial results.
• HCW Biologics Inc. shares fell 16.6% to $0.9180 in pre-market trading after dipping 11% on Tuesday. The company announced a $6.9 million direct offering and private placement.
• Powell Industries, Inc. dipped 15.4% to $264.00 in pre-market trading after the company reported worse-than-expected fourth-quarter revenue results.
• Destiny Tech100 Inc. shares dipped 13.4% to $39.18 in pre-market trading after jumping 24% on Tuesday.
• Workhorse Group Inc. fell 13.1% to $1.06 in pre-market trading after posting quarterly results.
• Silvercorp Metals Inc. fell 11.3% to $3.59 in pre-market trading after the company announced a $130 million convertible senior notes offering.
• QuidelOrtho Corporation fell 6.7% to $36.01 in today's pre-market trading after the company announced the pricing of secondary offering of common stock by the Carlyle Group.

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