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Pre-market Movers: ENSV, ZH, POLA, HUSN, MOR…

us pre market 053119 22mar22 lt

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

In the Green

Enservco Corporation (ENSV) is up over 16% at $3.95
Zhihu Inc. (ZH) is up over 13% at $2.94
Polar Power, Inc. (POLA) is up over 12% at $3.69
Alibaba Group Holding Limited (BABA) is up over 8% at $112.61
KE Holdings Inc. (BEKE) is up over 8% at $13.20
VNET Group, Inc. (VNET) is up over 7% at $6.70
Itaú Unibanco Holding S.A. (ITUB) is up over 7% at $5.82
Tencent Music Entertainment Group (TME) is up over 6% at $4.96
NIKE, Inc. (NKE) is up over 5% at $137.85
Youdao, Inc. (DAO) is up over 5% at $8.73

In the Red

Hudson Capital Inc. (HUSN) is down over 12% at $2.31
MorphoSys AG (MOR) is down over 10% at $6.38
Cyren Ltd. (CYRN) is down over 10% at $8.17
Okta, Inc. (OKTA) is down over 9% at $153.83

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Business News

Editors Pick
Google, owned by Alphabet Inc., plans to merge its teams working on Maps products and the mapping service Waze with effect from December 9, reports said. The decision to consolidate processes comes as the search giant is facing pressure to streamline operations and cut costs. The restructuring is expected to reduce overlapping work across the Waze and Maps products. The Pentagon announced that up to $9 billion worth of cloud-computing contracts were awarded to Google, Oracle, Amazon, and Microsoft. In a statement, the U.S. Department of Defense said, "The purpose of this contract is to provide the Department of Defense with enterprise-wide, globally available cloud services across all security domains and classification levels..." Juul Labs, an e-cigarette maker, said it has reached settlements with more than 5,000 vaping lawsuits in the United States. The cases were related to personal injury, consumer class action, government entity, and Native American tribes. In a statement, the company said it cannot disclose the settlement amount at this time as part of the settlement and court process.
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