Shares of Hawaiian Airlines (NASDAQ: HA) shares rose sharply in pre-market trading after Alaska Air Group, Inc. (NYSE: ALK) announced plans to acquire the company in a deal worth $1.9 billion.
As reported by CNN on Sunday, this merger is expected to provide customers with a broader range of domestic and international options.
Hawaiian Holdings shares jumped 181.8% to $13.70 in pre-market trading.
Here are some other stocks moving in pre-market trading.
Gainers
- Hut 8 Mining Corp (NASDAQ: HUT) shares rose 457.7% to $12.66 in pre-market trading. Hut 8 and US Bitcoin Corp announced completion of business combination.
- Bit Brother Limited (NASDAQ: BETS) rose 112.2% to $0.0825 in pre-market trading after surging 43% on Friday. Bit Brother said it purchased 3300 units of Antminer S19 miners, injecting powerful momentum into its Bitcoin mining operations.
- Sphere 3D Corp. (NASDAQ: ANY) gained 35% to $1.08 in pre-market trading after gaining 28% on Friday.
- LumiraDx Limited (NASDAQ: LMDX) shares surged 34% to $0.1580 in pre-market trading after ...