Investors Rattled as Fangdd Network Group Skyrockets by 78% in Pre-market TradingInvestors Rattled as Fangdd Network Group Skyrockets by 78% in Pre-market Trading

JJ Bounty

Strategic Steps Uphold Fangdd’s Market Presence

Shares of Fangdd Network Group Ltd. (DUO) surged today’s pre-market trading after revealing a strategic layout for 2024, signaling a foray into the real estate stock asset services segment.

Fangdd Network Group shares ascended by an impressive 78.3% to $1.08 during pre-market hours.

Stock Market Rollercoaster: Winners and Losers

Several stocks made significant moves in pre-market trading:

Gainers

  • Kidpik Corp. (PIK) soared 311% to $11.10, driven by a recent 1-for 5 reverse stock split.
  • Auddia Inc. (AUUD) gained 50.1% to $4.64 following a decline of over 8% on Friday.
  • Mesoblast Limited (MESO) rose 28.4% to $2.76 with FDA support for an accelerated approval pathway.
  • TC Biopharm (Holdings) Plc (TCBP) climbed 23.6% to $1.31.
  • Graphite Bio, Inc. (GRPH) surged 19.4% to $3.75 after a special dividend declaration.
  • GDS Holdings Limited (GDS) leaped 17.7% to $7.54 amid reports of potential investments in their data center business.
  • SRIVARU Holding Limited (SVMH) advanced 15.7% to $0.2730.
  • Kingsoft Cloud Holdings Limited (KC) rose 13.7% to $3.06 ahead of their upcoming financial results announcement.
  • Bon Natural Life Limited (BON) surged 13% to $0.4744.

Losers

  • Semilux International Ltd. (SELX) plummeted 24.8% to $1.27 following a 69% jump on Friday.
  • Lytus Technologies Holdings PTV. Ltd. (LYT) fell 20% to $6.40 after the launch of Lytus Cloud.
  • Safe and Green Development Corporation (SGD) dipped 20% to $0.9926 after a substantial jump last Friday.
  • Avenue Therapeutics, Inc. (ATXI) tumbled 19% to $0.1555 despite a 10% surge on Friday.
  • Tenax Therapeutics, Inc. (TENX) plummeted 18.5% to $3.31.
  • Barnes & Noble Education, Inc. (BNED) declined 18.5% to $0.74 following a rescheduled earnings release.
  • Psyence Biomedical Ltd. (PBM) dropped 17.1% to $1.75 after a recent surge.
  • CERo Therapeutics Holdings, Inc. (CERO) decreased by 15.2% to $3.35 despite a 28% jump previously.
  • Immuron Limited (IMRN) tumbled 14.2% to $3.26.
  • Ocular Therapeutix, Inc. (OCUL) fell 13.8% to $8.60 ahead of their fourth-quarter financial results.
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