Why Intel Shares Are Trading Higher By Over 10%; Here Are 20 Stocks Moving Premarket

Shares of Intel Corporation (NASDAQ:INTC) rose sharply in today's pre-market trading after the company announced a new chief executive officer.

The company said its board of directors has appointed Lip-Bu Tan, a former member of Intel’s board of directors, as chief executive officer, effective March 18. Tan will succeed Interim Co-CEOs David Zinsner and Michelle (MJ) Johnston Holthaus.

Intel shares jumped 10.6% to $22.88 in the pre-market trading session.

Here are some other stocks moving in pre-market trading.

Gainers

• Damon Inc. (NASDAQ:DMN) rose 34% to $0.2394 in pre-market trading.
• Elme Communities (NYSE:ELME) gained 29.1% to $21.99 in pre-market trading.
• Aspire Biopharma Holdings, Inc. (NASDAQ:ASBP) gained 25% to $0.9250 in pre-market trading after falling 7% on Wednesday.
• Cardlytics, Inc. (NASDAQ:CDLX) gained 22.7% to $2.43 in pre-market trading after the company announced financial results for the fourth quarter and full year ended Dec. 31, 2024.
• AleAnna, Inc. (NASDAQ:ANNA) gained 19.2% to $6.08 in pre-market trading after declining 4% on Wednesday.
• Safe & Green Holdings Corp. (NASDAQ:SGBX) gained 18.4% to $0.6480 in pre-market trading after the company announced it requested its registration statement on Form S-1 be withdrawn because it decided not to purse the offering and will consider other alternatives.
• SenesTech, Inc. (NASDAQ:SNES) rose 18% to $2.69 after the company reported better-than-expected Q4 EPS results. Also, the company announced it plans new operating optimization initiatives to reduce expenses and accelerate its path to profitability.
• Stagwell Inc. (NASDAQ:STGW) shares climbed 8.8% to $6.49 in pre-market trading.
• Yoshiharu Global Co. (NASDAQ:YOSH) gained 7.5% to $16.00 in pre-market after gaining more than 12% on Wednesday.

Losers

• Aditxt, Inc. (NASDAQ:ADTX) shares fell 39.1% to $0.0346 in pre-market trading after the company announced a 1-for-250 reverse stock split.
• Anika Therapeutics, Inc. (NASDAQ:ANIK) dipped 24% to $13.00 in pre-market trading after the company reported fourth-quarter financial results.
• Hepion Pharmaceuticals, Inc. (NASDAQ:HEPA) declined 23.5% to $0.0373 in pre-market trading after dipping around 42% on Wednesday.
• American Rebel Holdings, Inc. (NASDAQ:AREB) shares fell 21.3% to $0.2578 in pre-market trading after gaining around 8% on Wednesday.
• Sunnova Energy International Inc. (NYSE:NOVA) fell 18.4% to $0.2997 in pre-market trading after dipping 14% on Wednesday. The company recently announced it appointed Paul Mathews as President and CEO.
• UiPath Inc. (NYSE:PATH) fell 16.7% to $9.85 in pre-market trading after the company reported a fourth-quarter revenue miss and issued first-quarter revenue guidance below estimates.
• Farmmi, Inc. (NASDAQ:FAMI) fell 15.9% to $0.1698 in today's pre-market trading after the company reported a 1-for-12 share consolidation.
• SentinelOne, Inc. (NYSE:S) fell 13.6% to $16.68 in pre-market trading after the company reported fourth-quarter results.
• American Eagle Outfitters, Inc. (NYSE:AEO) shares dipped 10.9% to $10.20 in pre-market trading following fourth-quarter results.
• AnaptysBio, Inc (NASDAQ:ANAB) shares tumbled 6.8% to $16.50 in pre-market trading.

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