Why Triumph Group Shares Are Trading Higher By Over 36%; Here Are 20 Stocks Moving Premarket

Benzinga · 02/03 11:10
Shares of Triumph Group, Inc. (NYSE:TGI) rose sharply in today's pre-market trading after the company agreed to be acquired by affiliates of Warburg Pincus and Berkshire Partners in an all-cash transaction valued at approximately $3 billion.
Triumph Group shares jumped 36.5% to $25.57 in the pre-market trading session.
Here are some other stocks moving in pre-market trading.
Gainers
- MDJM Ltd (NASDAQ:UOKA) gained 194% to $0.3822 in pre-market trading.
- Reborn Coffee, Inc. (NASDAQ:REBN) rose 65.6% to $5.47 in pre-market trading after jumping more than 62% on Friday.
- Blue Hat Interactive Entertainment Technology (NASDAQ:BHAT) gained 41% to $0.0509 in pre-market trading after declining around 10% on Friday.
- SilverBox Corp IV (NYSE:SBXD) gained 33.8% to $13.50 in pre-market trading.
- William Penn Bancorporation (NASDAQ:WMPN) shares jumped 24.7% to $15.74 in pre-market trading.
- Kingsoft Cloud Holdings Limited (NASDAQ:KC) rose 17.3% to $14.75 in pre-market trading after declining 5% on Friday.
- Shenandoah Telecommunications Company (NASDAQ:SHEN) gained 10.2% to $11.90 in pre-market trading. Glo Fiber, powered by Shenandoah Telecommunications, announced the expansion of its fiber network in Lancaster, Ohio.
- Stratasys Ltd. (NASDAQ:SSYS) shares climbed 9.2% to $10.17 in pre-market trading. Stratasys reported preliminary fourth-quarter revenue of $150.1 million to $150.5 million and net income of $8.1 million to $8.6 million. The company also secured a $120 million investment from Fortissimo Capital, strengthening balance sheet for growth.
- GH Research PLC (NASDAQ:GHRS) gained 6.5% to $11.29 in pre-market trading after gaining over 9% on Friday.
Losers
- Viracta Therapeutics, Inc (NASDAQ:VIRX) shares fell 49.2% to $0.0770 in pre-market trading after declining over 3% on Friday.
- Cyngn Inc. (NASDAQ:CYN) dipped 47.2% to $0.1425 in pre-market trading after dipping 19% on Friday.
- Heramba Electric plc (NASDAQ:PITA) shares fell 33.2% to $0.5880 in pre-market trading.
- Perfect Moment Ltd. (NASDAQ:PMNT) fell 23.7% to $0.5330 in today's pre-market trading.
- Envirotech Vehicles, Inc. (NASDAQ:EVTV) shares tumbled 23.4% to $0.3477 in pre-market trading after jumping 31% on Friday. Envirotech Vehicles recently announced it has received orders for 48 vehicles to New Jersey.
- Focus Universal Inc. (NASDAQ:FCUV) fell 21.4% to $4.79 in pre-market trading after gaining 62% on Friday. Focus Universal recently announced a reverse stock split.
- Unisys Corporation (NYSE:UIS) fell 18.8% to $5.41 in pre-market trading. Unisys will release its fourth-quarter and full-year 2024 financial results on Tuesday, Feb. 18, 2025, after the close of markets.
- AleAnna, Inc. (NASDAQ:ANNA) fell 13.9% to $10.01 in pre-market trading.
- Torrid Holdings Inc. (NYSE:CURV) declined 11.6% to $6.24 in pre-market trading after gaining 5% on Friday.
- Kornit Digital Ltd. (NASDAQ:KRNT) shares dipped 6.7% to $27.10 in pre-market trading. Kornit Digital will release its financial results for the fourth quarter and full year ended Dec. 31, 2024, on Wednesday, Feb. 12, 2025.
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Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.