Pre-market Movers: BLBX, SLS, BLND, LVLU, RDW…

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The following are some of the stocks making big moves in Friday's pre-market trading (as of 07.30 A.M. ET).

In the Green

Blackboxstocks Inc. (BLBX) is up over 40% at $3.77
Lulu's Fashion Lounge Holdings, Inc. (LVLU) is up over 19% at $8.13
DiDi Global Inc. (DIDI) is up over 18% at $2.95
GameStop Corp. (GME) is up over 15% at $192.35
Chicken Soup for the Soul Entertainment, Inc. (CSSE)is up over 15% at $9.25
GlucoTrack, Inc. (GCTK) is up over 15% at $4.20
BM Technologies, Inc. (BMTX) is up over 14% at $9.79
Recruiter.com Group, Inc. (RCRT) is up over 14% at $3.09
Pinduoduo Inc. (PDD) is up over 12% at $45.06
Futu Holdings Limited (FUTU) is up over 11% at $36.26
Genetron Holdings Limited (GTH) is up over 9% at $2.40
REE Automotive Ltd. (REE) is up over 5% at $2

In the Red

SELLAS Life Sciences Group, Inc. (SLS) is down over 25% at $5
Blend Labs, Inc. (BLND) is down over 21% at $4.50
Redwire Corporation (RDW) is down over 19% at $6.84
Longeveron Inc. (LGVN) is down over 12% at $12.13
4D pharma plc (LBPS) is down over 12% at $4.23
Rail Vision Ltd. Ordinary Share (RVSN) is down over 11% at $2.75
CBRE Group, Inc. (CBRE) is down over 9% at $82.80
Helix Acquisition Corp. (HLXA) is down over 9% at $10.10
Blue Water Vaccines, Inc. (BWV) is down over 5% at $53.50
ALLETE, Inc. (ALE) is down over 5% at $63

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Business News

Editors Pick
Snack and beverage giant PepsiCo Inc. reported Thursday sharply lower profit in its fourth quarter, despite higher revenues. Adjusted earnings and top line beat market estimates. Further, the company lifted its dividend and announced around $1 billion share buyback. Looking ahead for fiscal 2023, PepsiCo expects growth in organic revenues and core earnings, which is below current market estimates. Shares of Credit Suisse Group AG were losing around 9 percent in the morning trading in Switzerland as well as in pre-market activity on the NYSE after the banking major said it sees substantial loss before taxes in fiscal 2023 after reporting narrower loss in its fourth quarter with lower expenses, despite weak revenues. Walt Disney Co. announced plans to cut 7,000 jobs worldwide as part of its restructuring efforts to save billions in costs. The planned layoffs represent around 3.6 percent of Disney's global workforce. Chief Executive Officer Bob Iger, during the company's first-quarter earnings call, said the restructuring would help the firm save $5.5 billion in costs.
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