Markets

Movement in Pre-Market Trading: A Look at Major Stocks

Published March 18, 2024

As Monday's pre-market session unfolds, U.S. stock futures indicate a predominantly positive start to the market, with Nasdaq futures surging roughly 100 points. In the midst of these gains, there are particular stocks that have caught investor attention due to their movements. LOGI, the Swiss-based tech firm specializing in peripherals and software, has experienced a downturn in today's pre-market trading. The company was in the spotlight following the announcement that CFO Chuck Boynton will be stepping down, although this news arrived alongside the company's confirmation of its 2024 financial outlook.

Overview of Affected Stocks

In addition to LOGI, other stocks have demonstrated notable activity during the pre-market session. SBSW, a global precious metals mining company, FOUR, a provider of integrated payment processing solutions, GERN, a biopharmaceutical company working on hematologic neoplasms therapies, NBTX, a biotechnology firm focusing on cancer treatment developments, LI, an electric vehicle manufacturer based in China, and ALTI, a wealth and asset manager with a global reach, are among the stocks that investors are keeping an eye on as the market prepares to open.

Company Snapshots

SBSW, headquartered in South Africa, operates across several countries, delving into the mining of precious metals. LOGI continues to make headlines not only due to its pre-market stock movement but also thanks to its wide array of digital connectivity products. On the financial technology front, FOUR's payment processing solutions continue to drive the evolution of retail and hospitality industries in the U.S. Meanwhile, GERN's clinical advancements offer hope in the treatment of complex myeloid conditions, whereas Paris-based NBTX remains a critical player in oncology with its innovative approaches to cancer therapy. Rounding out the list, LI aims to redefine mobility in China with its smart electric vehicles and ALTI operates from New York, shaping investment strategies for clients worldwide.

stocks, pre-market, trading