Why Sarepta Therapeutics Shares Are Trading Higher By 34%; Here Are 20 Stocks Moving Premarket

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Shares of Sarepta Therapeutics, Inc. (NASDAQ:SRPT) rose sharply in pre-market trading after the company announced it will engage in strategic restructuring and cost savings.

After the market close on Wednesday, Sarepta Therapeutics introduced a strategic restructuring plan that involves focusing on high-value, high-impact programs and supporting long-term financials.

Sarepta Therapeutics shares jumped 34.1% to $24.65 in the pre-market trading session.

Here are some other stocks moving in pre-market trading.

Gainers

• 22nd Century Group, Inc. (NASDAQ:XXII) shares jumped 134.3% to $10.74 in pre-market trading following the company's announcement of expanding partnerships for its VLN-based reduced nicotine content products, according to a company statement.
• Volcon, Inc. (NASDAQ:VLCN) shares gained 106% to $19.00 in pre-market trading after jumping 19% on Wednesday.
• Windtree Therapeutics, Inc. (NASDAQ:WINT) climbed 36.7% to $1.23 in pre-market trading. Windtree shares gained 9% on Wednesday after the company entered a securities purchase agreement to support its BNB crypto treasury strategy.
• BioNexus Gene Lab Corp. (NASDAQ:BGLC) surged 25.4% to $5.33 in pre-market trading after gaining 13% on Wednesday.
• Draganfly Inc. (NASDAQ:DPRO) rose 21.5% to $6.30 in pre-market trading. Draganfly shares jumped 43% on Wednesday after the company announced its Cammander3 XL UAV has been selected by the Department of Defense for advanced operation initiatives.
• Above Food Ingredients Inc. (NASDAQ:ABVE) rose 17.7% to $1.98 in pre-market trading after dipping 10% on Wednesday.
• Opendoor Technologies Inc. (NASDAQ:OPEN) gained 16.8% to $1.74 in pre-market trading after gaining 43% on Wednesday.
• Monarch Casino & Resort, Inc. (NASDAQ:MCRI) surged 15.6% to $101.00 in pre-market trading after the company reported better-than-expected second-quarter financial results.
• SharpLink Gaming, Inc. (NASDAQ:SBET) surged 12.3% to $41.99 in pre-market trading after jumping 29% on Wednesday.

Losers

• reAlpha Tech Corp. (NASDAQ:AIRE) declined 21% to $0.1594 in pre-market trading after the company announced the pricing of $2 million public offering.     
• LQR House Inc. (NASDAQ:YHC) dipped 21.9% to $8.38 in pre-market trading. LQR House shares jumped 172% on Wednesday after the company and its board were named in a lawsuit about the breach of fiduciary duty.
• NioCorp Developments Ltd. (NASDAQ:NB) dipped 17.4% to $3.29 in pre-market trading after the company announced a proposed US public offering of common shares to support Elk Creek Project Development.
• Nuwellis, Inc. (NASDAQ:NUWE) shares tumbled 11.2% to $14.16 in pre-market trading. Nuwellis shares jumped 131% on Wednesday after the company announced it secured a U.S. patent for an extracorporeal blood filtering machine and methods.
• Soluna Holdings, Inc. (NASDAQ:SLNH) declined 9.2% to $0.5777 in pre-market trading. Soluna Holdings shares fell 17% on Wednesday after the company announced a $5 million common stock offering
• Global Interactive Technologies, Inc. (NASDAQ:GITS) fell 8% to $2.36 in pre-market trading after announcing a proposed public offering.
• Pitanium Limited (NASDAQ:PTNM) fell 7.3% to $12.41 in pre-market trading.
• Jade Biosciences, Inc. (NASDAQ:JBIO) fell 7% to $8.20 in pre-market trading.
• MP Materials Corp. (NYSE:MP) fell 7% to $54.37 in pre-market trading after the company announced a $500 million proposed public offering.
• Ingredion Incorporated (NYSE:INGR) shares fell 6.8% to $126.07 in pre-market trading.

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