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Pre-market Movers: ZSAN, SOPA, TCS, IFBD, ENPH…

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The following are some of the stocks making big moves in Wednesday's pre-market trading (as of 07.10 A.M. ET).

In the Green

Infobird Co., Ltd (IFBD) is up over 25% at $1.17
Enphase Energy, Inc. (ENPH) is up over 18% at $171.27
Biofrontera AG (BFRA) is up over 14% at $3.40
SolarEdge Technologies, Inc. (SEDG) is up over 8% at $269
WeWork Inc. (WE) is up over 7% at $7.50
SunPower Corporation (SPWR) is up over 6% at $17.10
ERYTECH Pharma S.A. (ERYP) is up over 6% at $2.01

In the Red

Zosano Pharma Corporation (ZSAN) is down over 53% at $0.22
Society Pass Incorporated (SOPA) is down over 32% at $3.14
The Container Store Group, Inc. (TCS) is down over 25% at $7.81
Aegon N.V. (AEG) is down over 8% at $5.70
uCloudlink Group Inc. (UCL) is down over 7% at $1.87
Nuvectis Pharma, Inc. (NVCT) is down over 6% at $5.88
Imperial Petroleum Inc. (IMPP) is down over 5% at $0.62

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Business News

Editors Pick
Despite fears of inflation, consumers spent $9.12 billion for online shopping during Black Friday, higher than in previous years, as per a report published by Adobe Analytics. During the 2022 holiday season, total estimated revenues are $209.7 billion, a growth of 2.5 percent from last year's recorded revenues of $205 billion. Weis Markets, Inc., a Mid Atlantic food retailer, has recalled 108 containers of Weis Quality Sea Salt Caramel Ripple Ice Cream citing possible presence of undeclared soy and coconut allergens, the U.S. Food and Drug Administration said. The recalled product comes in 48oz containers that says Weis Quality Sea Salt Caramel Ripple Ice Cream, while the lid says Weis Quality Caramel Caribou Ice Cream Amazon.com Inc. plans to spend more than $1 billion annually to produce movies that will get a theatrical release, Bloomberg reported, citing people familiar with the matter. The online retailer giant, which acquired movie maker MGM Studios earlier this year for $8.45 billion, is likely to produce between 12 and 15 movies each year for movie theaters.
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