Why Synaptics Shares Are Trading Higher By Over 5%; Here Are 20 Stocks Moving Premarket
ON Semiconductor Corporation ON | 0.00 | |
Tower Semiconductor Ltd TSEM | 0.00 | |
Synaptics Incorporated SYNA | 0.00 | |
Creative Medical Technology Holdings, Inc. CELZ | 0.00 | |
Fangdd Network Group Ltd. DUO | 0.00 |
Shares of Synaptics Inc (NASDAQ:SYNA) rose sharply in pre-market trading.
ON Semiconductor Corp. (NASDAQ:ON) and Synaptics on Thursday announced a definitive agreement to combine their businesses, outlining expected strategic and financial impacts of the transaction. ON Semi will acquire Synaptics in an all-stock transaction, representing a total enterprise value of approximately $7 billion.
Synaptics shares jumped 5.6% to $132.60 in pre-market trading.
Here are some other stocks moving in pre-market trading.
Gainers
- Triller Group Inc (NASDAQ:ILLR) jumped 126.7% to $6.92 in pre-market trading after the company announced a major SpaceX (NASDAQ:SPCX) -linked treasury deal.
- INVO Fertility Inc (NASDAQ:IVF) rose 62.7% to $2.02 in pre-market trading. INVO Fertility acquires HRCFG for $175,001, gaining full control of Alabama Fertility Clinic.
- Titan Mining Corp (NYSE:TII) rose 41.7% to $3.16 in pre-market trading. Titan Mining has been selected by the U.S. Army to establish first-ever public-private partnership for domestic critical minerals processing on strategic defense installations.
- Shuttle Pharmaceuticals Holdings, Inc. (NASDAQ:SHPH) gained 34.2% to $5.0716 in pre-market trading.
- INLIF Limited (NASDAQ:INLF) rose 32.3% to $0.0397 in pre-market trading after dipping 25% on Thursday.
- Wing Yip Food Holdings Group (NASDAQ:WYHG) gained 22.4% to $4.83 in pre-market trading after dipping 40% on Thursday. Wing Yip Food recently announced that it regained Nasdaq minimum bid price compliance.
- Redcloud Holdings PLC (NASDAQ:RCT) jumped 20.4% to $0.34 in pre-market trading after falling 44% on Thursday. The company announced a joint venture and twenty-year licensing agreement of up to $120 million with Dheer Marketing India to deploy RedAI infrastructure across India.
- Fangdd Network Group Ltd (NASDAQ:DUO) gained 15.2% to $0.79 in pre-market trading after falling 11% on Thursday.
- I-80 Gold Corp (NYSE:IAUX) gained 8% to $1.50 in pre-market trading after announcing additional high-grade assay results from Archimedes underground including 16.2 g/t Au over 56.4 meters.
Losers
- Lucas GC Ltd (NASDAQ:LGCL) tumbled 26.7% to $0.69 in pre-market trading after falling 34% on Thursday.
- Creative Medical Technology Holdings Inc (NASDAQ:CELZ) fell 26% to $1.48 in pre-market trading. The company recently announced FDA clearance to expand its trial evaluating CELZ-201 for chronic lower back pain.
- SOLAI Ltd – ADR (NYSE:SLAI) fell 15.7% to $0.38 in pre-market trading after gaining over 14% on Thursday.
- GD Culture Group Ltd (NASDAQ:GDC) fell 14.6% to $0.012 in pre-market trading. GD Culture Group shares dipped 37% on Thursday after the company announced a 1-for-250 reverse stock split.
- Catheter Precision Inc (NYSE:VTAK) fell 14.5% to $1.03 in pre-market trading. The company recently filed a prospectus for an offering of 68.07 million shares.
- reAlpha Tech Corp (NASDAQ:AIRE) shares dipped 14.3% to $1.56 in pre-market trading after declining 6% on Thursday.
- ON Semiconductor Corp (NASDAQ:ON) fell 13% to $103.30 in pre-market trading after the company announced it will acquire Synaptics.
- PTL Ltd (NASDAQ:PTLE) declined 11.8% to $6.50 in pre-market trading after jumping 40% on Thursday.
- Coincheck Group NV (NASDAQ:CNCK) fell 8.3% to $2.01 in pre-market trading.
- Tower Semiconductor Ltd (NASDAQ:TSEM) declined 7.2% to $250.48 in pre-market trading.
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