Pre-market Movers: SYM, FNCH, SGLY, SCKT, FRGE…

us pre market 053119 09jun22 lt

The following are some of the stocks making big moves in Thursday's pre-market trading (as of 07.25 A.M. ET).

In the Green

Singularity Future Technology Ltd. (SGLY) is up over 14% at $4.35
Quantum Computing, Inc. (QUBT) is up over 12% at $3.87
Arbutus Biopharma Corporation (ABUS) is up over 11% at $2.99
Cognex Corporation (CGNX) is up over 10% at $52.86
Hemisphere Media Group, Inc. (HMTV) is up over 9% at $7.69
Celanese Corporation (CE) is up over 6% at $168.11
TG Therapeutics, Inc. (TGTX) is up over 5% at $5.31

In the Red

Symbotic Inc. (SYM) is down over 18% at $16.40
Finch Therapeutics Group, Inc. (FNCH) is down over 16% at $2.21
Socket Mobile, Inc. (SCKT) is down over 14% at $2.99
Forge Global Holdings, Inc. (FRGE) is down over 13% at $12.47
Bilibili Inc. (BILI) is down over 9% at $26.81
PDS Biotechnology Corporation (PDSB) is down over 9% at $3.63
Uranium Royalty Corp. (UROY) is down over 8% at $3.01
VivoPower International PLC (VVPR) is down over 8% at $2.06
Five Below, Inc. (FIVE) is down over 7% at $124.65

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Business News

Editors Pick
Apple Inc. may face production shortfall of as many as 6 million iPhone Pro units this year due to ongoing protests at its major China plant, Bloomberg reported citing a person familiar with assembly operations. Following the news, Apple shares were losing around 2.2 percent in pre-market activity on the Nasdaq. 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
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