Pre-market Movers: SPCB, SATX, HPK, MNPR, TENX…

us pre market 053119 24jan23 lt

The following are some of the stocks making big moves in Tuesday's pre-market trading (as of 06.45 A.M. ET).

In the Green

SuperCom Ltd. (SPCB) is up over 20% at $2.75.
HighPeak Energy, Inc. (HPK) is up over 15% at $31.02.
Monopar Therapeutics Inc. (MNPR) is up over 12% at $3.63.
Vir Biotechnology, Inc. (VIR) is up over 6% at $30.99.

In the Red

Satixfy Communications Ltd. (SATX) is down over 17% at $5.99.
Tenax Therapeutics, Inc. (TENX) is down over 12% at $2.26.
PennantPark Floating Rate Capital Ltd. (PFLT) is down over 6% at $11.09.

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Business News

Editors Pick
Tyson Foods, Inc. (TSN) reported that its first quarter adjusted operating income declined 68% year-over-year. Adjusted operating margin was 3.4%, for the quarter. Both lower revenue and higher COGS in Beef and Pork drove the decrease in adjusted operating margin. The company said market dynamics... Baltimore, Maryland-based Fresh Ideation Food Group LLC is recalling certain sandwiches and other products sold under various brands, citing the potential to be contaminated with Listeria monocytogenes, the U.S. Food and Drug Administration said. The U.S. Department of Agriculture's Food Safety and Inspection Service or FSIS has issued a public health alert for ready-to-eat or RTE stuffed chicken product citing that it may not be fully cooked due to underprocessing.
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