Pre-market Movers: CRMD, GDRX, QBTS, NVAX, VRNA…

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The following are some of the stocks making big moves in Tuesday's pre-market trading (as of 07.15 A.M. ET).

In the Green

GoodRx Holdings, Inc. (GDRX) is up over 39% at $10.82
DPCM Capital, Inc. (QBTS) is up over 36% at $13.64
Verona Pharma plc (VRNA) is up over 29% at $9.01
Lemonade, Inc. (LMND) is up over 12% at $28.26
Desktop Metal, Inc. (DM) is up over 12% at $2.91
Solo Brands, Inc. (DTC) is up over 11% at $6.14
Dynagas LNG Partners LP (DLNG) is up over 9% at $3.50
ShockWave Medical, Inc. (SWAV) is up over 8% at $240.00
Energy Vault Holdings, Inc. (NRGV) is up over 8% at $5.34
Equinox Gold Corp. (EQX) is up over 7% at $4.48

In the Red

CorMedix Inc. (CRMD) is down over 53% at $3.49
Novavax, Inc. (NVAX) is down over 31% at $39.20
Turtle Beach Corporation (HEAR) is down over 30% at $9.70
Magic Empire Global Limited (MEGL) is down over 19% at $94.69
Community Health Systems, Inc. (CYH) is down over 16% at $3
CarGurus, Inc. (CARG) is down over 15% at $21.84
3D Systems Corporation (DDD) is down over 13% at $11.40
DermTech, Inc. (DMTK) is down over 11% at $7.48
Trex Company, Inc. (TREX) is down over 10% at $57.00
PennantPark Floating Rate Capital Ltd. (PFLT) is down over 7% at $12.24
ESS Tech, Inc. (GWH) is down over 7% at $3.83
Oppenheimer Holdings Inc. (OPY) is down over 6% at $35.00

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Business News

Editors Pick
German sportswear company Adidas AG said Wednesday it will withdraw its request to block the application by the Black Lives Matter movement to trademark a yellow three-stripe design similar to Adidas' branding. This move by Adidas comes just 48 hours after it had filed an objection to the U.S. Patent and Trademark Office against the use of the three parallel stripes design. Generative artificial intelligence or AI technologies, including the highly popular ChatGPT, could expose around 300 million full-time jobs around the world to automation, a report by Goldman Sachs predicts, deepening the rising fears about job security. According to a new research report by GS economists, "The Potentially Large Effects of Artificial Intelligence on Economic Growth",.. UBS Group AG has called back its former Chief Executive Officer Sergio Ermotti to lead the Swiss banking giant amid the new challenges and priorities it faces following its planned acquisition of troubled domestic rival Credit Suisse Group AG. Following the news, UBS shares were gaining more than 2 percent in Swiss trading as well as in pre-market activity on the NYSE.
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