WKEY - Why Philips Shares Are Trading Higher By 37%; Here Are 20 Stocks Moving Premarket | Benzinga
Shares of Koninklijke Philips N.V. (NYSE:PHG) rose sharply in today's pre-market trading after reporting first-quarter results. The company also resolved the respironics personal injury and medical monitoring litigation in the US for $1.1 billion.
Koninklijke Philips shares jumped 37.1% to $28.87 in pre-market trading.
Here are some other stocks moving in pre-market trading.
Gainers
- Inno Holdings Inc. (NASDAQ:INHD) gained 33.8% to $0.8410 in pre-market trading.
- Ryde Group Ltd. (NYSE:RYDE) gained 25.9% to $4.18 in pre-market trading after dipping 8% on Friday.
- Akanda Corp. (NASDAQ:AKAN) climbed 21.4% to $0.1250 in pre-market trading after gaining over 12% on Friday.
- Ocean Biomedical Inc (NASDAQ:OCEA) rose 15.7% to $1.55 in today's pre-market trading after gaining 7% on Friday.
- Wisekey International Holding AG – ADR (NASDAQ:WKEY) shares rose 15.2% to $2.36 in pre-market trading. WISeSAT.Space, a subsidiary of WISeKey International, announced the strengthening of its strategic partnership with the Swiss Armed Forces in the space sector for 2024 and beyond.
- SolarBank Corp (NASDAQ: