Pre-Bell Movers | FOXX Soars by 64.3%; Here Are 20 Stocks Moving Premarket (Jun/4th)
NASDAQ IXIC | 0.00 | |
Dow Jones Industrial Average DJI | 0.00 | |
Broadcom Limited AVGO | 0.00 | |
CrowdStrike CRWD | 0.00 | |
Micron Technology, Inc. MU | 0.00 |
US stock futures fell on Thursday as Middle East geopolitical tensions ended the index's nine-day winning streak.
The NASDAQ(IXIC) and Dow Jones Industrial Average(DJI) dropped 0.89% and 1.21% respectively on Wednesday.
Semiconductor stocks slumped after BROADCOM(AVGO) plunged over 10% in pre-market trading, missing fiscal second-quarter revenue estimates and issuing weaker-than-expected AI chip revenue guidance of around US$16 billion for the next quarter. CROWDSTRIKE(CRWD) fell 10% on a soft revenue outlook.
Memory chip stocks weakened, with MICRON TECHNOLOGY(MU) and WESTERN DIGITAL(WDC) both falling over 2% pre-market. Investors await economic data including first-quarter unit labor costs and jobless claims, plus earnings from CIENA(CIEN) and US$BF-A before Thursday's open.
CXApp Inc. Class A(CXAI.US) saw a notable increase in pre-market activity following the announcement of its acquisition of EngineRoom, an AI-driven growth intelligence platform. This acquisition is anticipated to significantly enhance CXAI's revenue by expanding its recurring revenue base and client portfolio, while integrating EngineRoom's capabilities into its AI offerings. CXApp Inc. Class A share soars by 67.9% to US$0.27 in the pre-market trading session.
Here are some other stocks moving in pre-market trading as of 11:23:47, Jun. 04 (Thursday) Riyadh Time.
Gainers
Change | Price(US$) | Ticker (🌙 means "Shariah Compliant") | Additional Information |
78.9% | 2.54 | TaoWeave, Inc.(TWAV.US) | - |
67.9% | 0.27 | CXApp Inc. Class A(CXAI.US) | Acquisition of EngineRoom, an AI-driven growth intelligence platform. |
64.3% | 4.7 | 🌙 Foxx Development Holdings(FOXX.US) | Stock advanced vastly 20.8% on last trading day |
55.0% | 0.38 | Splash Beverage Group, Inc.(SBEV.US) | Stock was up 71.0% on last trading day |
52.8% | 0.22 | Yy Group(YYGH.US) | Due to new AI robotics initiatives and sales outlook confirmation. |
28.6% | 24.44 | Applied Aerospace & Defense, Inc.(AADX.US) | - |
24.1% | 3.76 | Republic Power Group Limited Class A(RPGL.US) | - |
18.9% | 1.76 | 🌙 Acco Group Holdings Limited Class A(ACCL.US) | - |
14.0% | 5.85 | 🌙 Alpha Teknova, Inc.(TKNO.US) | - |
13.2% | 7.7 | MASTERBEEF GROUP(MB.US) | - |
Losers
Change | Price(US$) | Ticker (🌙 means "Shariah Compliant") | Additional Information |
-65.3% | 0.37 | Sleep Number Corporation(SNBR.US) | - |
-56.5% | 0.28 | Hub Cyber Security Ltd.(HUBC.US) | After announcing 1-for-20 reverse share split. |
-55.8% | 1.36 | ADC Therapeutics Ltd(ADCT.US) | Due to elevated serious adverse events in Phase 3 trial. |
-23.4% | 0.5 | Basel Medical Group Ltd(BMGL.US) | - |
-20.6% | 2.04 | 🌙 Wellchange(WCT.US) | - |
-20.4% | 78.0 | PVH Corp.(PVH.US) | Due to revenue outlook cut amidst Middle East conflict impact. |
-19.0% | 10.04 | 🌙 Netskope, Inc. Class A(NTSK.US) | - |
-17.8% | 1.01 | 🌙 Park Ha Biological Technology Co., Ltd. Class A(BYAH.US) | - |
-16.3% | 4.73 | 🌙 Sphere 3D Corp.(ANY.US) | - |
-15.9% | 5.8 | AIR Global PLC Class A(AIIR.US) | - |
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.