These stocks are seeing heavy premarket action, put them on your watchlist for the day
Entasis Therapeutics Holdings Inc (NASDAQ:ETTX) is the biggest percentage gainer as the stock is all set to gap up. The stock soared 26.12% to $3.38, extending its Friday’s jump of over 6%. Entasis Therapeutics had announced the closing of the second tranche of the $35 million common stock and warrant investment by Innoviv, which is a company with a portfolio of royalties that include respiratory assets partnered with Glaxo Group Limited, under a securities purchase agreement signed on April 12, 2020, between the parties following a vote in favor of the transaction at the special meeting of Entasis stockholders held on June 10, 2020.
Luokung Technology Corp (NASDAQ:LKCO) is the another big gainer with a jump of 22% to $2.16 in the pre-market session after gaining 13% last week as meme stock mover. The stock has been seeing buying interest over the past month and surged 46%.Moreover, the stock is up 210% over the past 6-month.
Xenetic Biosciences Inc (NASDAQ:XBIO) is one of the biggest percentage gainers as the stock soared 16% to trade at $2.55. There is no news for such a rally, but looks like the stock is moving higher after falling 40% from February’s peak price. Despite the recent correction, the stock has gained 85% over the past year.
Senseonics Holdings Inc (NASDAQ:SENS) is making big gains in the pre-market session. The stock is up almost 15% to $4.63 after soaring 110% over the past month. In recent times, the penny stock has gained the attention of retail investors from Reddit and that has been one of the major reasons behind the rally.