Applied Digital, ESSA Pharma And Other Big Stocks Moving Higher In Tuesday’s Pre-Market Session


U.S. stock futures took a hit this morning, with Nasdaq futures dropping about 100 points on Tuesday. This decline comes after a mixed day of trading on Monday, where the major stock indexes closed mostly lower. However, despite the overall downward trend, there are some big stocks that are seeing gains in today’s pre-market trading session.

One of the notable gainers is MorphoSys AG (MOR), whose shares jumped 18.8% to $10.21 in pre-market trading. This significant increase could be attributed to positive market sentiment or company-specific news. Investors will be keeping a close eye on MorphoSys AG as the trading day progresses.

ESSA Pharma Inc. (EPIX) is another stock that is recording gains in pre-market trading. Its shares have gained 10.6% to $11.00 after a 17% surge on Friday. ESSA Pharma Inc. is likely benefiting from positive momentum and investor optimism surrounding the company’s prospects.

Digital World Acquisition Corp. (DWAC) is also experiencing a boost in pre-market trading, with its shares gaining 8.3% to $18.76. This increase could be attributed to market speculations or positive news related to the company.

ZIM Integrated Shipping Services Ltd. (ZIM) has seen a 5.7% climb in pre-market trading, with shares reaching $14.24. This increase could be driven by positive industry trends or company-specific factors.

Nomura Holdings, Inc. (NMR) has gained 5.3% to $5.01 in pre-market trading. This increase could be influenced by positive market sentiment or specific news related to the company.

Tilray Brands, Inc. (TLRY) has recorded a 4.8% gain, with shares reaching $1.96 in pre-market trading. Similar to other gainers, this increase could be due to positive market sentiment or company-specific news.

Applied Digital Corporation (APLD) has gained 3.7% to $7.77 in pre-market trading. Investors are likely anticipating the company’s quarterly earnings release, scheduled for today. The stock’s performance will depend greatly on the earnings report and any accompanying announcements.

While these stocks are currently experiencing gains in pre-market trading, it is important for investors to exercise caution and conduct thorough research before making any investment decisions. The stock market can be volatile, and trends can change rapidly.

In conclusion, despite the overall decline in U.S. stock futures this morning, there are several stocks that are recording gains in pre-market trading. Investors will be closely monitoring these stocks throughout the trading day to see if the positive momentum continues or if there are any significant shifts in market sentiment.

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