In a notable pre-market development, GameStop Corp (NYSE:GME) saw its shares advance sharply after the company's CEO, Ryan Cohen, revealed a sizable acquisition of the firm's stock. According to a recent filing with the Securities and Exchange Commission, Cohen purchased an additional 500,000 shares at a weighted average price near $21.12 per share. This move contributed to an approximate 2.6% climb in GameStop’s stock price, reaching $21.65 in early trading.
The broader pre-market session featured a diverse array of significant price moves across various equities. Pineapple Financial Inc (NYSE:PAPL) demonstrated the most pronounced gain, soaring 175.2% to trade at $2.67. The financial technology company recently released its first-quarter results, which included $4.1 million in gross billings and revenues totaling $0.7 million. Alongside these results, the company provided a financial outlook extending through fiscal year 2026.
Integrated Media Technology Ltd (NASDAQ:IMTE) also attracted attention with its shares advancing 119.2% to $1.55, extending a rise it commenced the previous day. Boxlight Corp (NASDAQ:BOXL) rebounded by 76% to $2.20, offsetting declines from earlier sessions.
Other notable gains included Smart Logistics Global Ltd (NASDAQ:SLGB), which rose 40.8% to $1.73, and Anteris Technologies Global Corp (NASDAQ:AVR), climbing 26.4% to $7.27 subsequent to announcing a sizable capital raise. Anteris, a Brisbane-based specialist in structural heart technology, disclosed plans for an underwritten public offering aimed at securing $200 million in common stock.
Aditxt Inc (NASDAQ:ADTX) demonstrated robust momentum, increasing 26.2% to $1.49 following a prior day gain exceeding 35%. Gold Resource Corporation (NYSE:GORO) similarly advanced by 21.4% to $1.81, buoyed by the release of encouraging preliminary year-end operational results that underscore its business turnaround.
Alpha Modus Holdings Inc (NASDAQ:AMOD) rose 14.4% to $0.92 after augmenting its share price by 7% the day before, while Korea Electric Power Corp (NYSE:KEP) increased 9.5% to $23.48, continuing its previous day’s upward performance.
Conversely, a range of stocks faced notable declines amid pre-market trading. Innovation Beverage Group Ltd (NASDAQ:IBG) dropped 30.2% to $1.08 following a business update highlighting its energy product expansion and a proposed merger with BlockFuel Energy.
CCSC Technology International Holdings Ltd (NASDAQ:CCTG) fell by 24.6% to $0.084 after announcing a 1-for-10 reverse stock split. Top Wealth Group Holding Ltd (NASDAQ:TWG) experienced a 23.1% decrease to $4.13 despite having surged 54% the previous day, which coincided with a news release about its agreement to acquire Airentity International for approximately $125 million.
Galaxy Payroll Group Ltd (NASDAQ:GLXG) declined 22.9% to $2.16 after having gained over 36% during the preceding session, while Avalon Globocare Corp (NASDAQ:ALBT) fell 20% to $0.88 continuing a downward trend from the prior day.
Further declines were observed in Signing Day Sports Inc (NYSE:SGN), which dropped 18.8% to $0.18 after surging 61% previously. The company notified that despite unusual trading activity, there are no material business developments beyond prior disclosures.
Surgepays Inc (NASDAQ:SURG) decreased 18.2% to $1.53 following an announcement about a proposed public offering. Black Titan Corp (NASDAQ:BTTC) lost 18% to $1.96 despite a 40% gain reported the prior day, and AlphaTON Capital Corp (NASDAQ:ATON) fell 14.6% to $0.79 after jumping 23% previously on news of launching privacy-focused AI agents for Telegram users.
Among larger-cap stocks, Netflix Inc (NASDAQ:NFLX) declined 5.7% to $82.32 after reporting better-than-expected year-end financial results. The streaming giant forecasted first-quarter revenue of $12.16 billion, slightly below analyst consensus, and projected earnings per share of 76 cents, again falling short of estimates.
This active pre-market session reflects a mixture of corporate events, financial disclosures, capital raising efforts, and strategic business updates, influencing investor behavior ahead of regular market hours.