Why M.D.C. Holdings Shares Are Trading Higher By Around 17%; Here Are 20 Stocks Moving Premarket

Written By Michael Gary Scott




M.D.C. Holdings Acquisition Sends Shares Soaring

The Surge of M.D.C. Holdings

Shares of M.D.C. Holdings, Inc.MDC leaped in today’s pre-market trading after an agreement with Sekisui House, Ltd. unveiled an acquisition bid in an all-cash deal valued at $4.9 billion.

Surging 17.4%, M.D.C. shares climbed to $62.30 in pre-market trading, setting the investment world astir with the promise of a substantial return on investment.

Simultaneously, a bevvy of other stocks sparked to life, presenting an impressive array of movers and shakers.

    Early Surges

  • Lytus Technologies Holdings PTV. Ltd.LYT witnessed a phenomenal 137.3% increase to $0.2246 in pre-market trading, following a previous 5% dip.
  • Marpai, Inc.MRAI soared 29% to $1.09 in pre-market trading after a decline of over 8% on Wednesday. Anointing their momentum, Marpai recently instated John Powers as President.
  • Celularity Inc.CELU raced ahead by 25.8% to $0.2370 in pre-market trading following a dip exceeding 5% on Wednesday.
  • Phunware, Inc.PHUN witnessed a robust 23% uptick to $0.20 in pre-market trading, resiliently pushing back after plummeting 61% as a consequence of the announcement of a $7 million registered direct offering at-the-market under Nasdaq rules.
  • Castellum, Inc.CWM surged by 22.2% to $0.3690 in pre-market trading after embracing a 4% gain on Wednesday.
  • Roma Green Finance LimitedROMA remarkably surged by 20.1% to $1.37 in pre-market trading after tumbling over 70% on Wednesday.
  • Cadrenal Therapeutics, Inc.CVKD flowered by 15.8% to $0.9850 in pre-market trading post a 7% rise on Wednesday.
  • New Horizon Aircraft Ltd.HOVR scaled a commendable 12.2% to $2.66 in pre-market trading despite a 29% decline on Wednesday.
  • Deep Medicine Acquisition Corp.DMAQ notched up by 10.6% to $8.05 in pre-market trading after a slender 9% descent on Wednesday.

Undercurrents

  • Aravive, Inc.ARAV saw a sharp 52.9% descent to $0.0520 in pre-market trading due to its anticipation to terminate the listing of its common stock on the Nasdaq Global Select Market.
  • Nuvve Holding Corp.NVVE slumped 27% to $0.0740 in pre-market trading. The company apprised shareholders of an upcoming 1-for-40 reverse stock split, to be effective on Jan. 19, 2024.
  • Airspan Networks Holdings Inc.MIMO witnessed a 19.1% dip to $0.1780 in pre-market trading. This decline came on the heels of a momentous 186% gain on Wednesday, after the company unveiled a partnership with GCT Semiconductor to develop an RF module.
  • Newcourt Acquisition CorpNCAC stooped by 19% to $9.40 in pre-market trading despite an approximate 12% uptick on Wednesday.
  • Warrantee Inc.WRNT experienced an 18% downturn to $0.2927 in pre-market trading post a 7% augmentation on Wednesday.
  • Plug Power Inc.PLUG observed a 16.3% shortfall to $2.29 in pre-market trading. The company disclosed its decision to engage in an at-market issuance sales agreement with B. Riley Securities regarding the sale of up to $1 billion in stock, causing investors to shy away momentarily.
  • Chemomab Therapeutics Ltd.CMMB faced a 15.6% decline to $0.4555 in pre-market trading.
  • Meta Materials Inc.MMAT underwent a 14% dip to $0.0656 in pre-market trading after seeing a 5% gain on Wednesday.
  • Discover Financial ServicesDFS retreated by 10.4% to $97.45 in pre-market trading following a 62% plunge in its profit for the fourth quarter on Wednesday.
  • Nukkleus Inc.NUKK observed a 6.4% retreat to $1.32 after a 6% downturn on Wednesday. The market reacted to Nukkleus’ intention to expand its investment in Jacobi Asset Management, known for sponsoring Europe’s first approved Bitcoin spot ETF.
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