Shares of M.D.C. Holdings, Inc. MDC were trading considerably higher in today’s pre-market session. This price surge comes in the wake of an agreement between Sekisui House, Ltd. and M.D.C. Holdings, which entails the acquisition of MDC by a wholly-owned subsidiary of Sekisui House in an all-cash deal valued at $4.9 billion.
M.D.C. Holdings shares witnessed a notable climb of 17.4%, reaching $62.30 during pre-market trading.
Here is a summary of several other stocks that are witnessing market movement in pre-market trading.
Gaining Momentum
- Lytus Technologies Holdings PTV. Ltd. LYT saw its shares jump 137.3% to $0.2246 during pre-market trading, bouncing back from a 5% decline on the preceding day.
- Marpai, Inc. MRAI registered a 29% surge to $1.09 in pre-market trading after an over 8% drop the day before. Furthermore, Marpai recently appointed John Powers as President.
- Celularity Inc. CELU observed a 25.8% climb to $0.2370 in pre-market trading following a decline of more than 5% on the previous day.
- Phunware, Inc. PHUN experienced a 23% upturn to $0.20 in pre-market trading, bouncing back from a 61% dip after the announcement of the pricing of a $7 million registered direct offering under Nasdaq rules.
- Castellum, Inc. CTM surged 22.2% to $0.3690 in pre-market trading, extending its 4% gain from the prior day.
- Roma Green Finance Limited ROMA soared 20.1% to $1.37 in pre-market trading after declining by over 70% in the preceding session.
- Cadrenal Therapeutics, Inc. CVKD surged 15.8% to $0.9850 in pre-market trading, building on its over 7% uptick on the previous day.
- New Horizon Aircraft Ltd. HOVR gained 12.2% to $2.66 in pre-market trading after a 29% decline on the preceding day.
- Deep Medicine Acquisition Corp. DMAQ rose 10.6% to $8.05 in pre-market trading despite a 9% dip on the previous day.
Facing Setbacks
- Aravive, Inc. ARAV witnessed a 52.9% decline to $0.0520 in pre-market trading. It is worth noting that Aravive plans to voluntarily terminate the listing of its common stock on the Nasdaq Global Select Market.
- Nuvve Holding Corp. NVVE observed a 27% fall to $0.0740 in pre-market trading, in light of a 1-for-40 reverse stock split set to be effective on Jan. 19, 2024.
- Airspan Networks Holdings Inc. MIMO witnessed a 19.1% decline to $0.1780 in pre-market trading following an 186% surge after the announcement of a partnership for RF module development.
- Newcourt Acquisition Corp NCAC saw a 19% drop to $9.40 in pre-market trading, retracting gains made on the previous day.
- Warrantee Inc. WRNT experienced an 18% decline to $0.2927 in pre-market trading following a 7% gain on the prior day.
- Plug Power Inc. PLUG registered a 16.3% drop to $2.29 in pre-market trading. This downturn was in reaction to the company’s SEC filing regarding the potential sale of up to $1 billion in stock through B. Riley Securities.
- Chemomab Therapeutics Ltd. CMMB witnessed a 15.6% decline to $0.4555 in pre-market trading.
- Meta Materials Inc. MMAT experienced a 14% dip to $0.0656 in pre-market trading following a 5% gain on the previous day.
- Discover Financial Services DFS fell 10.4% to $97.45 in pre-market trading after the company reported a 62% decline in its fourth-quarter profit on the previous day.
- Nukkleus Inc. NUKK saw a 6.4% fall to $1.32, following a 6% decline on the preceding day. Notably, Nukkleus announced its intent to expand its investment in Jacobi Asset Management, known for sponsoring Europe’s first approved Bitcoin spot ETF.
