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Jan 18, 2025
Versus Systems Shares Surge Following Brazilian Market Expansion Announcement
In a significant move, shares of Versus Systems Inc. (VS) experienced a notable increase in today's pre-market trading, rising by approximately 71.2%, bringing the share price to $3.39. This surge follows the company's announcement regarding its expansion into the Brazilian market, which is part of its broader strategy to enhance its international presence.
Other Stocks Making Moves in Premarket Trading
While Versus Systems saw a substantial rise, several other stocks were also active in pre-market trading, with various degrees of gain and loss.
Notable Gainers
- iSpecimen Inc. (ISPC) saw an impressive gain of 49.1%, reaching $4.25 following news of securing a supplier for hMPV biospecimens.
- Nukkleus Inc. (NUKK) rose by 33%, trading at $27.30 after resolving its Nasdaq delisting notice, thus achieving compliance with listing standards.
- Signing Day Sports, Inc. (SGN) increased by 19.2% to $2.55 after having a decline of 9% the previous day.
- uCloudlink Group Inc. (UCL) surged by 18.7% to $1.59, spurred by a cooperation agreement with WH Smith PLC's InMotion Entertainment Group.
- Treasure Global Inc. (TGL) gained 15.3%, reaching $0.2471 after also seeing an uptick of around 7% on Thursday.
- TXNM Energy, Inc. (TXNM) rose by 14.3% to $55.99 in the pre-market session.
- Treace Medical Concepts, Inc. (TMCI) saw a gain of 14%, with its shares reaching $9.40 after announcing preliminary fourth-quarter revenue.
- LSI Industries Inc. (LYTS) rose by 8.8% to $21.00 ahead of its fiscal 2025 second-quarter results announcement.
- Orthofix Medical Inc. (OFIX) gained 8.1%, reaching $19.39 during pre-market trades.
Stocks Facing Declines
- Beasley Broadcast Group, Inc. (BBGI) experienced a sharp decline of 43.8%, settling at $5.00.
- Viavi Solutions Inc. (VIAV) shares fell by 19.3% to $8.10, with a fiscal second-quarter financial results announcement on the horizon.
- FOXO Technologies Inc. (FOXO) dropped 18.4% to $0.2566 after a notable gain of 58% the previous trading session.
- Nature’s Sunshine Products, Inc. (NATR) shares dropped 15.9% to $12.00.
- Elicio Therapeutics, Inc. (ELTX) shares fell by 12.8%, reaching $5.61.
- G. Willi-Food International Ltd (WILC) saw a decrease of 11.5%, trading at $14.01.
- Bicara Therapeutics Inc. (BCAX) faced an 11.5% decline to $10.51 after experiencing an 8% drop on Thursday.
- J.B. Hunt Transport Services, Inc. (JBHT) dropped 10.3% to $167.00 following a weaker-than-expected earnings report.
- MiMedx Group, Inc. (MDXG) dipped 6.3% to $8.50 in pre-market trading.
- Alvotech (ALVO) fell 5% to $12.60, impacted by the pricing of a $5 million public offering announcement.