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Tag: Uxin stock

  • What Drove The UXIN Stock Higher In Extended Trades?

    What Drove The UXIN Stock Higher In Extended Trades?

    In after-hours trading on Monday, shares of the leading nationwide online used car dealer in China Uxin Limited (UXIN) appreciated 9.23% to $3.67. UXIN finished the last trading session at $3.36, down by -2.89%. Shares of UXIN traded between $3.32 and $3.50 during the session.

    UXIN traded 1.87 million shares, less than its daily average of 14.59 million shares over the past 100 days. In the past five days, UXIN shares have fallen -8.45% while in the last month, they have dropped -31.15%. On the news of the first tranche closing of UXIN’s financing transaction, UXIN stock gained traction.

    How did UXIN complete the transaction?

    Uxin Limited is one of China’s leading online used car dealers. The mission of UXIN is to help people acquire the car of their dreams online by offering high-quality used cars and top-of-the-line purchasing services. Through UXIN’s one-stop online shopping mall, consumers can browse a wide selection of used cars with value-for-money, shop for products and services that add value as well as receive comprehensive aftersales services.

    At UXIN, online sales consultants provide professional assistance to customers so they can make an informed and timely decision about their cars. For these online transactions, UXIN’s comprehensive fulfillment network supports nationwide delivery and logistics, as well as title transfers across China’s different cities.

    On Monday, Uxin Limited announced that the initial tranche of its US$315 million financing transaction was closed.

    • UXIN has issued 291,290,416 senior convertible preferred shares as part of the financing transaction.
    • In total, 97,096,805 American Depositary Shares (ADS) of UXIN will be issued.
    • NIO Capital and Joy Capital purchased the shares for a combined purchase of US$100 million from UXIN.
    • com, TPG, and Warburg Pincus are among the holders of UXIN’s convertible notes who have converted them for an aggregate principal amount of US$69 million.
    • As a result, the notes were converted into 66,990,291 ordinary shares of UXIN, which corresponds to 22,330,097 ADSs.
    • A group of more than ten investors, including major players NIO Capital, Joy Capital, as well as those who hold convertible notes, have agreed not to sell their UXIN shares for a period of nine months beginning July 12, 2021.
    • The agreed-upon terms and conditions will govern the closing of the remaining tranches.

    UXIN announces changes to its Board of Directors:

    As stipulated in the agreements, UXIN also announced changes to its Board of Directors. On July 12, 2021, Dr. Zhuang Yang and Mr. Cheng Lu were appointed as independent directors of the UXIN Board while Mr. William Bin Li and Mr. Erhai Liu have joined UXIN Board as directors. The members who resigned from the UXIN Board of Directors include Qiang Chang Sun, Muyuan Wang, Yong Zhong Huang, Cheng Cheung Lun Julian, Lin Cong, and Shun Lam Steven Tang.

  • UXIN stock surged in the premarket trading session; find out why

    In the premarket trading hours, (UXIN) stock has advanced 8.56% to trade at the price of $4.06 on the last check Wednesday. The UXIN stock previously closed the trading session gaining 7.47% at $3.74. The shares of the company traded between the price range of $3.47 and $3.88. UXIN stock traded 5.12 million shares. In the past week, UXIN’s shares have shed -5.08%. However, the stock jumped in the last month by 15.08%. In the past year, up-to-date UXIN shares have surged by 136.71%. In the past three and six months, the stock has advanced 266.67% and added 259.62% respectively. Furthermore, Uxin Limited is currently valued in the market at $1.15 billion and has 369.95 million outstanding shares.

    What you need to know about Uxin Limited as one of the leading used car market in China

    Uxin Limited is an Internet content & information company that specifically focuses on the provision of financing solutions and investments in the used car. The company carries out its operations on an e-commerce platform in China, where a wide selection of used cars and car accessories/parts are offered. UXIN stock also lends services and support related to online used-cars transactions which is run through an online site known as Uxin Used Car Brand. Furthermore, the company helps customers and buyers selection through various cars that are sourced through auction under the Uxin Auction platform. The company also provides financing solutions which are funded through third-party financing partners through sites, xin.com and youxinpai.com. The company was established in 2011 and is based in Beijing, China.

    Uxin Limited made a financial transaction agreement with NIO Capital and Joy Capital

    The company recently announced that it has come into contract with two companies that are partnering on the investment of US$315 million in the Company. The two companies are NIO Capital and Joy Capital. This financing transaction is aimed to fund the capital cost of corporate business, growth, and transformation of UXIN stock to match progress with the rapidly developing used car market of China. The one-stop business model of the company has created an impression of trust and partnership with the NIO Capital that Uxin will deliver high-quality cars nationwide while tackling critical problems that affect the market and job opportunities of traditional dealers. Furthermore NIO capital believes that the reliability of Uxin’s platform and comprehensive after-sale services will help push the industry towards transformation and expansionary development.

    On similar notes, Joy Capital stated that the reputation and solid strategic direction aligned with the business transformation of Uxin Limited is what drew the company to specifically choose Uxinfor investment opportunity in the used car market in China.

    In other news, UXIN stock has made a decision to convert the convertible notes of some of its investors, including, 58.com, TPG, and Warburg Pincus for an aggregate amount of US$69 million into Uxin’s Class A ordinary shares. Furthermore, Uxin has made an agreement with over ten companies/investors that they will note sell their recently converted Class A shares within the nine next months, with customary closing conditions adhered in the agreement.

  • Uxin Limited (UXIN) Stock Prices Plummets Following Financing Transaction Announcement

    Uxin Limited (UXIN) Stock Prices Plummets Following Financing Transaction Announcement

    Uxin Limited (UXIN) stock prices were down by a significant 12.64% as of market close on June 21st, 2021, bringing the price per share down to USD$3.94 at the end of the trading day. Subsequent pre-market fluctuations saw the price fall sharply by an additional 5.58% to hit USD$3.72.

    USD$315 Million Financing Transaction

    June 15th, 2021 saw the company announce the entering into definitive agreements with NIO Capital and Joy Capital, who will invest a total of up to USD$315 million in UXIN as per the terms of the agreements. The company has concurrently agreed with current holders of convertible notes to convert notes in an aggregate principal amount of USD$69 million into Class A ordinary shares.

    Transition to Inventory-Owning Model

    Almost the entirety of the transaction volume sold over the course of Q4 2020 was done so from the company’s own inventory, marking the culmination of the transformation into an inventory-owning business model. To facilitate this move and maintain standards of quality, UXIN has started construction in Xi’an for its first inspection and reconditioning center.

    Preferential Government Policies

    The company has seen massive growth in the potential of the Chinese used car market, primarily driven by the facilitation of that growth with preferential policies from the Chinese government. An example of such a change is the reduction of VAT from 2% to 0.5% on used car sales. Restrictions from before were recently lifted across all regions as per a mandate of the General Office of the State Council. Chief among these was the restriction on cross-regional transactions and title transfers of used cars.

    Transactions Facilitate by Changed Policies

    Another such facilitation of accessibility in the used car market is the simplification of the documentation process, which has been completely digitized. Reductions in title transfer costs and the increase in the efficiency of cross-regional used car transactions has further bolstered UXIN.

    Strategic Partnership with JD.com

    UXIN recently announced the launching of its partnership with JD.com to launch a self-operated online store for used car transactions through the partner’s proprietary online platform. This move serves to provide customers with a one-stop shop for their online used car purchasing and selling needs. In order to provide unparalleled consumer experiences, the collaborative platform will provide users with car inspection, purchasing, insurance, and aftersales services solutions.

    Future Outlook for UXIN

    UXIN has recently established impressive financial results, and it has formed strategic partnerships with big-name companies, granting it a competitive edge in the used car market. The company is keen to recover from the recent suffering of its equity value. Current and potential investors are hopeful that management will continue to leverage the resources at their disposal to facilitate significant and sustained increases in shareholder value.

  • Why is UXIN stock being gloomy in Pre-Market today?

    Why is UXIN stock being gloomy in Pre-Market today?

    Shares of the Uxin Limited stock, a leading used car eCommerce platform in China, continued to decline in the pre-market trading session today after facing the downtrend of 4.07% at the previous closing. In the pre-market today, UXIN stock price saw a downtrend of 5.30% to drop at $$2.68 a share as of this writing. Let’s try to figure out the reason behind this fall.

    What’s happening?

    Individuals eyeing Uxin stock are looking for some reason behind this fall to calm themselves, but the reality is somewhat different as there is no major culprit behind the falling UXIN stock price in today’s date. No analyst’s downgrades of or shrank targeted per share price of the Uxin stock have been in the recent news to justify the bearish sentiment. So what you need to know now at this point? Let’s discuss some recent past events of Uxin Limited.

    Financial Results:

    On April 28, 2021, UXIN stock did announce its unaudited third quarter of the fiscal year 2021 financial results the summary of which is given below.

    • Revenue for the three months ended December 31, 2020, decreased to RMB322.9 million from RMB466.4 million in the same tenure of the previous year.
    • The gross margin for the reported quarter was 2.9% in comparison with 59.2% in the same quarter of last year.
    • Non-GAAP adjusted loss from continuing operations reduced to MB162.5 million from RMB576.5 million in the same period of the prior year.
    • Uxin stock suffered a net loss of  RMB172.9 million in the reported quarter while the net loss in the same period of last year reached RMB966.7 million.

    Uxin Limited Business Developments:

    Uxin Limited had completed its transformation to inventory owning model during the last three months period of 2020 and initiated the process of building its first inspection and reconditioning center (IRC) in Xi’an.

    On April 22, 2021, Uxin signed the strategic partnership agreement with JD.com pursuant to which both Uxin and JD will work together in order to provide consumers the facility of used car transactions in one platform i.e. Jd’s platform, via the launch of a self-operated online store.

    Conclusion:

    Things are not going well for UXIN stock as far as market sentiment is concerned. The recently announced financial results were far less as compared to the same period of the prior year but this happened due to Uxin’s complete transformation to the inventory owning model and management is optimistic that the UXIN stock would again find momentum in the future.

  • Why did Uxin Limited (UXIN) stock soar in the current trading session?

    Why did Uxin Limited (UXIN) stock soar in the current trading session?

    In the current market trading session, Uxin Limited (UXIN) stock soared by 7.03% to the price of $1.37 at the time of writing. UXIN stock closed Wednesday’s session at $1.28. The UXIN stock volume traded today at 13.53 million shares. The average daily volume for the past 3 months has been 12.12 million which shows that today’s share volume exchanged more hands. In the past year, UXIN stock fell by -15.79%. However, in the past week, the shares jumped by 3.23%. In the previous three and six months, the UXIN stock soared by 17.43% and 7.56% respectively. Furthermore, Uxin Limited currently has a worth in the market of $352.83 million and has 332.52 million outstanding shares.

    The business platform and model of Uxin Limited

    Uxin Limited is an investment holding company that specifically focused on operating an e-commerce website as a platform for buying and selling of used cars. It is considered China’s leading online used car dealer. Along with the selling of used cars, it also provides the services of car evaluation, value-added products for cars, supporting services all of which come under the Uxin Used Car brand.

    The company also has an auctioning service under the name Uxin Auction which provides businesses and individual clients the opportunity and service for acquiring cars through online auctions. The third-party financing of cars for the buyers is also a service that Uxin facilitates for financing solutions and transaction services.

    Recent updates and press-release by Uxin Limited

    Today – 22nd April 2021, Uxin Limited announced two updates regarding its financial operations as well as collaboration with a company.

    Announcing the schedule for financial report release

    Firstly, Uxin Limited announced that it will report its financial result for the year 2021 (fiscal year) on April 28, 2021. The financial report will specifically indicate the third quarter period of the fiscal year 2021 which ended on 31st December 2020 and will be unaudited.

    The management team will schedule a conference call before the U.S market opens on 28th April 2021 – Wednesday at 8:00 am Eastern time.

    Strategic partnership with JD.com

    Furthermore, China’s leading online used car dealer also released today another press release, stating that it has entered into a strategic collaboration with JD.com. The aim of the partnership is to expand Uxin’s e-commerce presence for used cars through JD’s platform by developing an online store for used car transactions.

    Consumers will find this site to be very convenient and easily accessible for the use of searching used cars and used car-related products and services. Both companies will provide a one-stop user car website which will have solutions like car inspection, aftersales services, and car insurance. Uxin and JD.com will access all the software, data and web applications for used car businesses including supply chains, inspection standards and data management.

  • UXIN stock surges in the pre-market trading session. Here’s to know why?

    UXIN stock surges in the pre-market trading session. Here’s to know why?

    UXIN stock surged by 12.5% at the last trading close while the UXIN stock price kept on rising by 17.95% in the pre-market trading session after UXIN announced that they have signed a binding term sheet with two well-established Asian funds. In China, UXIN is a leading online pre-used car dealer with a nationwide presence. UXIN’s goal is to empower people to buy the car of their dreams online by providing high-quality used cars and best-in-class shopping services. UXIN’s one-stop online shopping mall offers customers a national range of affordable used vehicles, as well as a variety of value-added goods and services.

    How does UXIN works?

    Its online sales consultants provides expert advice to help customers make a quick and easy car purchase. To complete these online transactions, its robust fulfillment program provides nationwide logistics and distribution, as well as title transfers between different cities across China.

    What is happening?

    On April 1, 2021, UXIN signed a binding term sheet with two existing Asian funds, committing the potential investors to negotiate and eventually enter into definitive agreements with the Company for the subscription of senior convertible preferred shares. The proposed transaction could result in a cumulative investment of up to $300 million. The potential transaction’s completion is dependent on the parties’ implementation of definitive agreements and the stipulation of customary closing conditions therein.

    Conclusion

    Following this new positive development in UXIN, it is expected that UXIN will be able to make visible progress in the future but under these uncertain COVID-19 situations, the definite verdict cannot be given since the working of businesses around the globe, be it of any type are subject to change due to unfortunate pandemic scenario. Besides this, investors would definitely be interested in UXIN stock because of this deal.

  • 26 stocks trending in pre-market

    ‎Bionano Genomics Inc. (BNGO) stock soared 13.81% to $2.39 in the pre-‎market ‎trading following an announcement from the firm that Nasdaq has granted the Company an ‎additional ‎‎180-day compliance period, or until June 28, 2021. The most recent rating by Ladenburg ‎Thalmann, on ‎September 24, 2020, is a Buy. ‎

    Before the trading started on December 31, 2020, fuboTV Inc. (FUBO) is down -‎‎‎2.43% to reach $32.5. It has been trading in a 52-week range of $5.00 to $62.29.‎

    ‎Guardion Health Sciences Inc. (NASDAQ: GHSI) shares are trading down -10.77% ‎at ‎‎$0.5247 at the time of writing. The firm lately revealed the appointment of Bret Scholtes as ‎its ‎President and Chief Executive Officer, and as a member of the Board of Directors. Company’s 52-‎week ‎ranged between $0.17 to $0.74.‎

    ‎Nxt-ID Inc. (NXTD) stock soared 7.1% to $1.81 in the pre-market trading. ‎The ‎most ‎recent rating by Maxim Group, on November 20, 2017, is a Buy.‎

    ‎Castor Maritime Inc. (CTRM) grew over 41.75% at $0.33 in pre-market trading ‎today ‎after receiving 180-day extension from Nasdaq to meet Nasdaq minimum bid price rule. ‎

    ‎Net Element Inc. (NASDAQ: NETE) shares are trading down -5.21% at $15.45 at ‎the ‎time of writing. Company’s 52-week ranged between $1.47 to $20.08. ‎

    ‎Sundial Growers Inc. (SNDL) stock moved down -1.36 percent to $0.4784 in the pre-‎‎market trading following the declaration from the company that it has closed the acquisition of ‎a ‎special purpose vehicle. ‎

    ‎Professional Diversity Network Inc. (IPDN) gained over 14.96% at $3.15 in pre-‎‎market trading Thursday December 31, 2020 after the firm revealed its partnership with ‎Phala ‎Network.‎

    ‎Marathon Patent Group Inc. (MARA) is up more than 7.63% at $11.71 in pre-‎market ‎hours Thursday December 31, 2020. The company recently revealed that it has entered into a ‎contract ‎with Bitmain to purchase 70,000 Antminer S-19 ASIC miners. The stock had dropped over -‎‎7.48% to ‎‎$10.88 in the last trading session.‎

    ‎Riot Blockchain Inc. (RIOT), a Software – Application company, rose about ‎‎4.92% ‎at ‎‎$18.11 in pre-market trading Thursday.‎

    ‎Nano Dimension Ltd. (NNDM) stock moved up 2.09 percent to $9.75 in the pre-‎‎market trading after closing $250 million registered direct offering.‎

    ‎AIkido Pharma Inc. (AIKI) gained over 33.72% at $1.15 in pre-‎‎market ‎trading ‎Thursday December 31, 2020.‎

    ‎Color Star Technology Co. Ltd. (NASDAQ: CSCW) shares are trading down -4.38% ‎at ‎‎$0.8032 at the time of writing after declaring strategic partnership with two UAE ‎companies. ‎Company’s 52-week ranged between $0.31 to $2.06.‎

    ‎IMAC Holdings Inc. (IMAC) stock moved down -4.08 percent to $1.41 in the pre-‎‎market trading after reporting completion of first infusion of Stem Cells in clinical study for ‎the ‎treatment of Bradykinesia due to Parkinson’s disease.‎

    ‎Ampio Pharmaceuticals Inc. (AMPE) stock soared 12.84% to $1.67 in the pre-‎market ‎trading. The firm recently revealed that it has received guidance from the U.S Food & ‎Drug ‎Administration regarding the impact of COVID-19 on its Phase III clinical trial for osteoarthritis of ‎the ‎knee. The most recent rating by ROTH Capital, on December 19, 2019, is a Buy.‎

    ‎Arcturus Therapeutics Holdings Inc. (NASDAQ: ARCT) shares are trading up 5.76% ‎at ‎‎$49.4 at the time of writing after the company announced that it would develop a therapeutic spray ‎as ‎a candidate to treat the hereditary lung and digestive-system disease cystic fibrosis. Company’s 52-‎‎week ranged between $8.51 to $129.71. Analysts have a consensus price target of $69. ‎

    Before the trading started on December 31, 2020, Baidu Inc. (BIDU) is up ‎‎3.53% ‎to ‎reach $227.38. It has been trading in a 52-week range of $82.00 to $202.79.‎

    ‎Greenpro Capital Corp. (GRNQ) is up more than 3.11% at $1.99 in pre-market ‎hours ‎Thursday December 31, 2020. The company lately revealed that it intends to set up a Bitcoin ‎‎($BTC) ‎Fund for investment. The stock had jumped over 3.76% to $1.93 in the last trading session.‎

    ‎Onconova Therapeutics Inc. (ONTX) is down more than -3.79% at $0.49 in pre-‎‎market hours Thursday December 31, 2020. The stock had jumped over 18.88% to $0.51 in the ‎last ‎trading session.‎

    ‎JinkoSolar Holding Co. Ltd. (JKS) grew over 2.28% at $65.55 in pre-market ‎trading ‎today. The firm recently revealed annual general meeting 2020 ‎results.‎

    ‎Tonix Pharmaceuticals Holding Corp. (TNXP) lost over -2.76% at $0.6632 in pre-‎‎market trading Thursday December 31, 2020.‎

    ‎Osmotica Pharmaceuticals plc (OSMT) stock moved down -2.13 percent to $4.14 ‎in ‎the pre-market trading after declaring that the U.S. Food and Drug Administration (FDA) has ‎declined ‎to approve one of its products. ‎

    ‎Cinedigm Corp. (CIDM) is down more than -0.69% at $0.62 in pre-‎market ‎hours ‎Thursday December 31, 2020. The stock had dropped over -9.51% to $0.62 in the last ‎trading ‎session.‎

    ‎Novan Inc. (NOVN), a Biotechnology company, dropped about -7.71% at $0.969 ‎in ‎pre-market trading Thursday.‎

    Before the trading started on December 31, 2020, Canaan Inc. (CAN) is ‎up ‎‎25.57% ‎to ‎reach $5.5. It has been trading in a 52-week range of $1.76 to $8.69.‎

    ‎500.com Limited (WBAI) gained over 5.12% at $8.0 in pre-market trading ‎Thursday ‎December 31, 2020. The company recently declared that Mr. Zhaofu Tian has resigned as ‎Chief ‎Technology Officer of the Company due to personal reasons.‎

  • 23 Stocks Making Sharp Moves in Pre Market Session

    23 Stocks Making Sharp Moves in Pre Market Session

    ‎Bionano Genomics Inc. (BNGO) stock soared 46.62% to $1.95 in the pre-‎market ‎trading after reporting that Praxis Genomics, LLC received accreditation from the College of ‎American ‎Pathologists (CAP). The most recent rating by Ladenburg Thalmann, on September 24, 2020, ‎is a Buy.‎

    ‎Tenax Therapeutics Inc. (NASDAQ: TENX) shares are trading down -7.07% at $1.84 ‎at ‎the time of writing. Company’s 52-week ranged between $0.25 to $2.68.‎

    ‎Ideanomics Inc. (IDEX) stock soared 2.87% to $2.15 in the pre-market trading. ‎The ‎company recently revealed that its Mobile Energy Global (“MEG”) and its contracting entity ‎Qingdao ‎Chengyang Medici have signed an agreement with Meihao Chuxing, a joint venture between ‎BYD and ‎Didi, to purchase an initial 2,000 units of model BYD D1. ‎

    ‎Oxbridge Re Holdings Limited (OXBR) stock moved down -6.83 percent to $1.91 ‎in ‎the pre-market trading.‎

    ‎Guardion Health Sciences Inc. (NASDAQ: GHSI) shares are trading up 12.48% ‎at ‎‎$0.4289 at the time of writing. The firm lately declared the appointment of seasoned ‎nutritional ‎products industry leader Bret Scholtes as President and Chief Executive Officer. Company’s ‎‎52-week ‎ranged between $0.17 to $0.74.‎

    ‎Gevo Inc. (GEVO) is down more than -4.76% at $4.4 in pre-market ‎hours ‎Wednesday December 30, 2020. The stock had dropped over -4.15% to $4.62 in the last ‎trading ‎session.‎

    ‎Universal Security Instruments Inc. (UUU) stock moved up 5.0 percent to $5.25 ‎in ‎the pre-market trading following its statement regarding recent market activity in the ‎Company’s ‎stock.‎

    ‎Marathon Patent Group Inc. (MARA) gained over 10.03% at $12.94 in pre-‎market ‎trading Wednesday December 30, 2020. The company recently reported that it has entered ‎into a ‎contract with Bitmain to purchase 70,000 Antminer S-19 ASIC miners.‎

    Before the trading started on December 30, 2020, Ocugen Inc. (OCGN) is down -‎‎‎7.83% to reach $2.0. It has been trading in a 52-week range of $0.17 to $3.05.‎

    Before the trading started on December 30, 2020, Moderna Inc. (MRNA) is ‎up ‎‎3.59% to reach $118.5 following the declaration from the company that the it is engaged in ‎discussions ‎with the government of South Korea to potentially provide 40 million or more doses of the ‎Moderna ‎COVID-19 Vaccine to support South Korea’s aim of providing vaccines to the public as soon as ‎possible. ‎It has been trading in a 52-week range of $17.68 to $178.50.‎

    ‎Riot Blockchain Inc. (RIOT) stock soared 6.02% to $16.74 in the pre-market trading.‎

    ‎Technical Communications Corporation (NASDAQ: TCCO) shares are trading down -‎‎‎16.78% at $4.76 at the time of writing after declaring its results for the fiscal year ended September ‎‎26, ‎‎2020. Company’s 52-week ranged between $1.72 to $7.00.‎

    ‎Tonix Pharmaceuticals Holding Corp. (TNXP) is up more than 2.21% at $0.6695 ‎in ‎pre-market hours Wednesday December 30, 2020. The stock had dropped over -6.16% to $0.65 in ‎the ‎last trading session.‎

    ‎AstraZeneca PLC (AZN) gained over 2.26% at $51.03 in pre-market ‎trading ‎Wednesday December 30, 2020 after receiving approval of its coronavirus vaccine in U.K.‎

    ‎New Concept Energy Inc. (AMEX: GBR) shares are trading down -14.75% at $2.08 ‎at ‎the time of writing. Company’s 52-week ranged between $0.55 to $2.19.‎

    ‎Moleculin Biotech Inc. (MBRX) stock plunged -1.67% to $0.8279 in the pre-‎market ‎trading after declaring that that the US Food and Drug Administration (FDA) has granted ‎Orphan Drug ‎Designation (ODD) to Annamycin for treatment of soft tissue sarcomas.‎

    ‎MoSys Inc. (MOSY), a Semiconductors company, dropped about -13.22% at $2.1 ‎in ‎pre-market trading Wednesday.‎

    Before the trading started on December 30, 2020, Greenpro Capital Corp. (GRNQ) ‎is ‎down -2.15% to reach $1.82. The company lately revealed that it intends to set up a Bitcoin ‎‎($BTC) ‎Fund for investment. It has been trading in a 52-week range of $0.21 to $3.12.‎

    ‎Nxt-ID Inc. (NXTD) gained over 9.92% at $1.44 in pre-market trading ‎Wednesday ‎December 30, 2020.‎

    ‎Hepion Pharmaceuticals Inc. (HEPA) gained over 50.0% at $3.12 in pre-‎market ‎trading Wednesday December 30, 2020 after declaring positive top line data for low dose ‎CRV431 in ‎Phase 2a ‘AMBITION’ clinical trial for treatment of Advanced NASH.‎

    ‎XPeng Inc. (XPEV) is up more than 3.13% at $42.85 in pre-market hours ‎Wednesday ‎December 30, 2020. The stock had jumped over 9.31% to $41.55 in the last trading session.‎

    ‎BioNTech SE (BNTX) is up more than 3.5% at $91.37 in pre-market hours ‎Wednesday ‎December 30, 2020 following declaration from the financial magazine Caixin that Shanghai ‎Fosun ‎Pharmaceutical Group will set up a joint venture with BioNTech to produce COVID-19 vaccines in ‎China. ‎The stock had jumped over 0.19% to $88.28 in the last trading session.‎

    Before the trading started on December 30, 2020, Bit Digital Inc. (BTBT) is up ‎‎14.58% ‎to reach $12.1. It has been trading in a 52-week range of $0.28 to $12.45.‎

  • 21 Stocks Taking Bigger Strides in Pre Market Session

    21 Stocks Taking Bigger Strides in Pre Market Session

    ‎Velodyne Lidar Inc. (VLDR) stock soared 7.5% to $26.53 in the pre-market trading ‎after reporting that it has joined the Qualcomm® Smart Cities Accelerator Program to promote using ‎lidar technology in smart city solutions. The most recent rating by Needham, on December 15, 2020, is ‎a Buy. ‎

    ‎MicroVision Inc. (MVIS) grew over 14.38% at $6.6 in pre-market trading today.‎

    ‎Aurora Mobile Limited (NASDAQ: JG) shares are trading up 48.9% at $4.75 at the ‎time of writing following the announcement from the firm that it has entered into a partnership ‎agreement with a global leading new energy vehicle manufacturer. Company’s 52-week ranged ‎between $1.40 to $5.43.‎

    ‎Castor Maritime Inc. (CTRM) stock moved down -3.97 percent to $0.1522 in the pre-‎‎‎‎market trading.‎

    ‎HEXO Corp. (HEXO), a Drug Manufacturers – Specialty & Generic company, rose ‎about 8.0% at $1.08 in pre-market trading Tuesday after reporting lapse of base shelf prospectus.‎

    ‎Novan Inc. (NOVN) stock plunged -5.8% to $0.6396 in the pre-market trading after ‎declaring that it has entered into a Master Services Agreement (MSA) with Catalent.‎

    ‎Nano Dimension Ltd. (NNDM) gained over 2.38% at $8.61 in pre-‎‎‎market ‎trading ‎Tuesday December 22, 2020.‎

    ‎Gevo Inc. (NASDAQ: GEVO) shares are trading up 8.39% at $3.1 at the time of ‎writing following the declaration from the company that it has optioned the right to purchase ‎approximately 239 acres of land near Lake Preston, SD Company’s 52-week ranged between $0.46 to ‎‎$2.87. Gevo Options Site for Expansion Project.‎

    ‎electroCore Inc. (ECOR) gained over 7.36% at $1.75 in pre-market trading Tuesday ‎December 22, 2020 after reporting agreement with Pro Medical Baltic to be exclusive distributor for ‎gammaCore Sapphire in Eastern Europe.‎

    ‎Nxt-ID Inc. (NXTD), a Security & Protection Services company, dropped about -‎‎‎‎4.41% at $1.3 in pre-market trading Tuesday.‎

    ‎Iterum Therapeutics plc (NASDAQ: ITRM) shares are trading up 2.35% at $1.0 at the ‎time of writing after receiving approval to transfer to Nasdaq Capital Market. Company’s 52-week ‎ranged between $0.45 to $6.47. Analysts have a consensus price target of $2. ‎

    ‎Aurora Cannabis Inc. (ACB) stock moved up 2.13 percent to $9.13 in the pre-‎‎‎market ‎trading.‎

    ‎Venus Concept Inc. (VERO) tumbled over -16.14% at $2.13 in pre-market trading ‎today following the announcement of proposed public offering.‎

    ‎UP Fintech Holding Limited (NASDAQ: TIGR) shares are trading up ‎‎7.97% ‎at ‎‎$6.37 ‎at ‎the time of writing. Company’s 52-week ranged between $2.03 to $7.60.‎

    ‎IZEA Worldwide Inc. (IZEA) lost over -1.78% at $1.38 in pre-‎‎market ‎trading ‎Tuesday ‎December 22, 2020.‎

    ‎500.com Limited (WBAI), a Gambling company, rose about 9.14% at $4.18 in pre-‎market trading Tuesday following the declaration from the firm that it has entered into a definitive ‎share subscription agreement with Good Luck Information Technology Co., Limited , a company ‎incorporated in Hong Kong, for the issuance and sale of newly issued Class A ordinary shares of the ‎Company.‎

    ‎Liminal BioSciences Inc. (LMNL) stock soared 2.76% to $5.21 in the pre-‎‎‎market ‎trading. The most recent rating by Piper Sandler, on December 21, 2020, is an Overweight.‎

    ‎Palantir Technologies Inc. (PLTR) gained over 1.72% at $29.0 in pre-market trading ‎Tuesday December 22, 2020 after declaring that the U.S. Army’s Program Executive Office for ‎Enterprise Information Systems (PEO EIS) opted to execute the second year of its partnership with ‎Palantir on the Army Vantage program, for a total price of $113.8 million for the year.‎

    ‎EyeGate Pharmaceuticals Inc. (EYEG) is down more than -3.84% at $5.01 in pre-‎market hours Tuesday December 22, 2020 after announcing the acquisition of Panoptes Pharma. The ‎stock had jumped over 45.94% to $5.21 in the last trading session. ‎

    Before the trading started on December 22, 2020, Kopin Corporation (KOPN) ‎is ‎up ‎‎8.43% to reach $2.83. It has been trading in a 52-week range of $0.19 to $2.16.‎

    ‎Bit Digital Inc. (BTBT) grew over 4.96% at $6.56 in pre-market trading today following ‎the release of its third quarter of fiscal year 2020 financial results.‎

  • Pre-Market Cues: 28 Stocks Roaring for Change On December 18th

    Pre-Market Cues: 28 Stocks Roaring for Change On December 18th

    Seneca Biopharma Inc. (SNCA), a Biotechnology company, rose about 0.2% at $0.96 in pre-market trading Friday after declaring merger agreement with Leading BioSciences, Inc. under which a wholly owned subsidiary of Seneca will merge with LBS in an all-stock transaction.

    Palantir Technologies Inc. (PLTR) lost over -3.97% at $26.15 in pre-market trading Friday December 18, 2020 after reporting that it will hold its inaugural “Live Demo Day” on Tuesday, January 26, 2021 at 4:30pm ET.

    Atossa Therapeutics Inc. (ATOS) stock plunged -0.02% to $0.86 in the pre-market trading following its declaration of pricing of $14.0 million registered direct offering priced at-the-market. The most recent rating by Maxim Group, on January 26, 2018, is a Buy.

    Virgin Galactic Holdings Inc. (NYSE: SPCE) shares are trading down -6.27% at $23.9 at the time of writing. The company recently revealed an update following its test flight on December 12, 2020. Company’s 52-week ranged between $9.06 to $42.49. Analysts have a consensus price target of $19.

    BlackBerry Limited (BB), a Software – Infrastructure company, dropped about -4.36% at $7.9 in pre-market trading Friday after releasing its financial results for the three months ended November 30, 2020

    Before the trading started on December 18, 2020, Uxin Limited (UXIN) is up 4.5% to reach $1.16 following its announcement of unaudited financial results for the quarter ended September 30, 2020. It has been trading in a 52-week range of $0.72 to $3.07.

    Coeur Mining Inc. (CDE) stock plunged -2.98% to $10.76 in the pre-market trading. The firm recently revealed details of the expansion of its Rochester silver-gold mine in Nevada, reflecting significant reserve growth and the benefits of a larger-scale expansion project. The most recent rating by Noble Capital Markets, on September 14, 2020, is an Outperform.

    Novan Inc. (NASDAQ: NOVN) shares are trading up 6.25% at $0.68 at the time of writing. The company lately reported that it has enrolled 525 patients of the approximately 850 patients expected to enroll in the B-SIMPLE4 pivotal Phase 3 clinical study of SB206. Company’s 52-week ranged between $0.22 to $3.72.

    CNS Pharmaceuticals Inc. (CNSP), a Biotechnology company, rose about 15.2% at $2.88 in pre-market trading Friday after announcing FDA approval of IND application for its brain cancer drug candidate Berubicin.

    United States Steel Corporation (X) stock moved down -4.26 percent to $17.77 in the pre-market trading after reporting that fourth quarter 2020 adjusted EBITDA is expected to be approximately $55 million and expected fourth quarter 2020 adjusted diluted loss per share to be approximately ($0.85).

    BioCardia Inc. (BCDA) lost over -6.09% at $4.01 in pre-market trading Friday December 18, 2020 following an announcement from the firm that the independent Data Safety Monitoring Board (DSMB) has completed its prespecified data review for the Phase III pivotal CardiAMP Heart Failure Trial.

    Before the trading started on December 18, 2020, Ampio Pharmaceuticals Inc. (AMPE) is up 8.43% to reach $1.93 after revealing the completion of its Phase I clinical trial and initiation of the first steps for a global Phase II clinical trial for intravenous (“IV”) Ampion treatment in COVID-19 patients. It has been trading in a 52-week range of $0.31 to $1.69.

    Drive Shack Inc. (NYSE: DS) shares are trading up 5.47% at $3.47 at the time of writing following the opening of its 65,000-square-foot entertainment golf venue located in Orlando. Company’s 52-week ranged between $0.86 to $4.19. Analysts have a consensus price target of $4.

    IZEA Worldwide Inc. (IZEA) tumbled over -3.7% at $1.04 in pre-market trading today. The company recently reported that it has just been awarded a mid-six figure contract from a Fortune 500 Manufacturer.

    Exela Technologies Inc. (XELA), a Software – Application company, rose about 81.87% at $0.66 in pre-market trading Friday after declaring that it has entered into a 5-year, $145 million term loan facility with Angelo Gordon, a global alternative investment firm.

    FedEx Corporation (FDX) stock moved down -2.89 percent to $283.8 in the pre-market trading after declaring strong results for the quarter ended November 30.

    Guardion Health Sciences Inc. (GHSI) stock plunged -2.13% to $0.23 in the pre-market trading. The firm recently declared progress on the introduction of its new vision support/energy drink, Epiq-V, which is under development for the United States and international markets.

    Amyris Inc. (NASDAQ: AMRS) shares are trading up 3.68% at $4.23 at the time of writing. Company’s 52-week ranged between $1.40 to $6.07. Analysts have a consensus price target of $3.35.

    Mereo BioPharma Group plc (MREO), a Biotechnology company, rose about 40.27% at $3.1 in pre-market trading Friday following the declaration of a license and collaboration agreement with Ultragenyx Pharmaceutical Inc. (RARE), for setrusumab, a monoclonal antibody in clinical development for osteogenesis imperfecta (OI).

    Surface Oncology Inc. (SURF) gained over 17.51% at $10.0 in pre-market trading Friday December 18, 2020 after revealing exclusive license agreement with GSK for novel immunotherapy program.

    Neovasc Inc. (NVCN) is down more than -8.52% at $0.91 in pre-market hours Friday December 18, 2020 after reporting the publication of peer-reviewed article in EuroIntervention. The stock had jumped over 3.61% to $0.99 in the last trading session.

    BioLineRx Ltd. (BLRX) tumbled over -1.1% at $2.7 in pre-market trading today. The firm lately declared final results from Phase 2a COMBAT/KEYNOTE-202 triple combination study of Motixafortide in second line Metastatic Pancreatic Cancer (PDAC).

    VYNE Therapeutics Inc. (VYNE), a Biotechnology company, rose about 8.05% at $1.88 in pre-market trading Friday after declaring the successful completion of its End-of-Phase 2 Meeting with the U.S. Food and Drug Administration (FDA).

    Before the trading started on December 18, 2020, Mesoblast Limited (MESO) is down -26.75% to reach $9.94 after announcing an update on COVID-19 ARDS trial. It has been trading in a 52-week range of $3.12 to $21.28.

    Applied DNA Sciences Inc. (APDN) stock plunged -12.02% to $5.49 in the pre-market trading after reporting consolidated financial results for the full fiscal year and quarter ended September 30, 2020. The most recent rating by H.C. Wainwright, on July 20, 2020, is a Buy.

    Conformis Inc. (NASDAQ: CFMS) shares are trading up 3.8% at $0.6693 at the time of writing. The firm lately revealed the U.S. commercial launch of the Company’s new Cordera™ Match Hip System. Company’s 52-week ranged between $0.50 to $1.66.

    Auris Medical Holding Ltd. (EARS) grew over 1.5% at $2.7 in pre-market trading today. The company recently provided a business update related to the Company’s funding position, its AM-301 program for the protection against airborne pathogens and allergens and the ongoing strategy review process.

    Sonoma Pharmaceuticals Inc. (SNOA) stock moved up 19.79 percent to $9.14 in the pre-market trading following the announcement of partnership with Gabriel Science, LLC for dental.