Pre-Bell Movers | BZFD Skyrockets by 109.6%; Here Are 20 Stocks Moving Premarket (May/12th)
S&P 500 index SPX | 0.00 | |
NASDAQ IXIC | 0.00 | |
Quantum Computing QUBT | 0.00 | |
AST SPACEMOBILE INC ASTS | 0.00 | |
Western Digital WDC | 0.00 |
US stock futures edged lower on Tuesday, as Wall Street awaited the release of April's consumer price index.
Monday's session saw the S&P 500 index(SPX) and NASDAQ(IXIC) close at fresh all-time highs. Oil prices rose after US President Donald Trump dismissed the US-Iran ceasefire as "unbelievably weak," rejecting Tehran's counterproposal.
In pre-market trading, QUANTUM COMPUTING(QUBT) surged over 14% after reporting a 93.87% year-over-year jump in first-quarter revenue. Meanwhile, AST SPACEMOBILE(ASTS) tumbled more than 11% after a disappointing quarterly report that missed both revenue and profit estimates by a wide margin.
Most semiconductor stocks fell, with WESTERN DIGITAL(WDC), INTEL(INTC) and LUMENTUM(LITE) each losing over 3%. The Daily Semiconductor Bear 3x Shares(SOXS.US) gained over 5%. Oil stocks rose, with EXXON MOBIL(XOM) adding nearly 1%.
BuzzFeed, Inc. Class A(BZFD.US) saw a notable pre-market increase following an announcement of a strategic investment and leadership change. Byron Allen's family office is set to acquire a majority stake in BuzzFeed, involving a $120 million transaction, which includes a mix of cash and promissory notes. This deal will enable Allen to assume control of BuzzFeed, potentially positioning the company for growth by expanding into AI and free video streaming, with ambitions to rival major platforms like YouTube. BuzzFeed, Inc. Class A share skyrockets by 109.6% to US$1.53 in the pre-market trading session.
Here are some other stocks moving in pre-market trading as of 11:17:03, May. 12 (Tuesday) Riyadh Time.
Gainers
Change | Price(US$) | Ticker (🌙 means "Shariah Compliant") | Additional Information |
109.6% | 1.53 | BuzzFeed, Inc. Class A(BZFD.US) | Due to Byron Allen's majority investment announcement. |
43.1% | 3.02 | AMBOW EDUCATION HOLDING LTD.(AMBO.US) | Year-over-year increase in Q1 financial results. |
36.3% | 4.02 | MacroGenics, Inc.(MGNX.US) | - |
34.5% | 0.05 | EZGO Technologies Ltd.(EZGO.US) | - |
29.6% | 2.45 | Xos, Inc.(XOS.US) | Participation in 2026 Air Force defense showcase. |
22.2% | 38.98 | 🌙 PACS Group, Inc.(PACS.US) | Better-than-expected Q1 results and a $250 million share buyback. |
20.6% | 8.5 | 🌙 High-Trend International Group(HTCO.US) | Stock increased substantially by 20.7% on last trading day |
18.7% | 0.05 | Haoxi Health Technology Ltd.(HAO.US) | - |
15.8% | 13.45 | 🌙 SI-BONE(SIBN.US) | Better-than-expected Q1 results; FY26 sales guidance raised. |
14.0% | 1.27 | Concorde International Group Ltd. Class A(YOOV.US) | - |
Losers
Change | Price(US$) | Ticker (🌙 means "Shariah Compliant") | Additional Information |
-40.8% | 2.32 | WORK Medical Technology Group LTD Class A(WOK.US) | Due to strategic cooperation with Shanghai Novabiopolis. |
-34.9% | 1.32 | Microvast(MVST.US) | Missed earnings and revenue estimates; going concern warning issued. |
-33.3% | 4.03 | ZoomInfo Technologies Inc(GTM.US) | Due to lowered full-year revenue guidance and restructuring announcement. |
-31.4% | 42.84 | 🌙 Power Solutions International, Inc.(PSIX.US) | Missed Q1 earnings and sales expectations. |
-27.5% | 1.0 | 🌙 Peraso, Inc.(PRSO.US) | Worse-than-expected Q1 financial results prompt decline. |
-25.5% | 1.05 | CEL-SCI Corporation(CVM.US) | Following public offering priced at $1.20 per share. |
-20.7% | 0.1 | Functional Brands Inc(MEHA.US) | - |
-18.6% | 0.31 | 🌙 Ensysce Biosciences, Inc.(ENSC.US) | - |
-18.1% | 0.81 | Definitive Healthcare Corp. Class A(DH.US) | - |
-16.1% | 24.44 | 🌙 Hims & Hers Health(HIMS.US) | Due to worse-than-expected Q1 financial results. |
Editor's note: This content was generated by Sahm's in-house AI-enabled SaaS tool and was reviewed by our editing team.
The table above reflects pre-market price changes only and does not constitute recommendations. Stocks, particularly those with smaller market caps, may see heightened volatility. Investors should conduct thorough research and consult advisors before decision-making based on this data.