Why Tower Semiconductor Shares Are Trading Higher By Around 5%; Here Are 20 Stocks Moving Premarket

Shares of Tower Semiconductor Ltd (NASDAQ:TSEM) rose sharply in pre-market trading.

IQE and Tower Semiconductor disclosed a multi-year Indium Phosphide (InP) epiwafer supply agreement for AI-driven data centre optical connectivity while resolving all prior IP disputes.

Tower Semiconductor shares jumped 4.7% to $275.20 in pre-market trading.

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

Gainers

• VS Media Holdings Ltd (NASDAQ:VSME) gained 95.3% to $3.30 in pre-market trading after jumping 52% on Friday.
• Freecast Inc (NASDAQ:CAST) rose 70.3% to $2.64 in pre-market trading after jumping 141% on Friday. FreeCast said it is expanding its DIRECTV relationship across residential and Platform-as-a-Service (PaaS) ecosystems, positioning DIRECTV streaming (which no longer requires a home-mounted satellite dish) as a core integrated subscription offering within its consumer, residential and enterprise partner network.
• Hongli Group Inc (NASDAQ:HLP) gained 51% to $0.76 in pre-market trading after dipping 5% on Friday.
• Cosmos Health Inc (NASDAQ:COSM) gained 42.3% to $0.30 in pre-market trading. Cosmos Health, on Friday, received new contract manufacturing orders totaling 253,657 units across a range of medicines.
• Sadot Group Inc (NASDAQ:SDOT) jumped 25.1% to $20.28 in pre-market trading after falling 34% on Friday.
• Core AI Holdings Inc (NASDAQ:CHAI) gained 20.3% to $1.59 in pre-market trading after declining 12% on Friday. The company recently announced the launch of AI powered home design and renovation application, HomeGPT.
• Aditxt Inc (NASDAQ:ADTX) rose 19.8% to $3.97 in pre-market trading following a 2% decline on Friday.
• AXT Inc (NASDAQ:AXTI) rose 14.2% to $110.99 in pre-market trading after gaining 10% on Friday.
• RoboStrategy Inc (NASDAQ:BOT) gained 9.4% to $38.71 in pre-market trading after adding around 9% on Friday.

Losers

• Reitar Logtech Holdings Ltd (NASDAQ:RITR) tumbled 23.8% to $0.51 in pre-market trading after falling 10% on Friday.
• Perfect Moment Ltd (NYSE:PMNT) fell 18.3% to $0.18 in pre-market trading after dipping 10% on Friday. Perfect Moment announced that its common stock will commence trading on the OTCQB market, effective the week of June 15.
• Traws Pharma Inc (NASDAQ:TRAW) fell 18.2% to $1.05 in pre-market trading after the company deferred planned Phase 2a influenza study of tivoxavir marboxil after negative UK MHRA review.
• 20/20 Biolabs Inc (NASDAQ:AIDX) fell 16.5% to $0.80 in pre-market trading after gaining 12% on Friday.
• Generation Essentials Group (NYSE:TGE) declined 15.4% to $0.88 in pre-market trading after surging over 23% on Friday.
• SmartKem Inc (NASDAQ:SMTK) fell 14.4% to $0.30 in pre-market trading after tumbling 15% on Friday.
• NetClass Technology Inc (NASDAQ:NTCL) fell 11.7% to $0.23 in pre-market trading after declining 34% on Friday.
• Senmiao Technology Ltd (NASDAQ:AIHS) declined 10.1% to $1.22 in pre-market trading.
• Woodside Energy Group Ltd – ADR (NYSE:WDS) fell 9% to $21.00 in pre-market trading. Woodside Energy shares gained 6% on Friday after the company announced that it would purchase CNPC’s 10.7% stake in the Browse LNG project for up to $400M after exercising its right of first refusal.
• W&T Offshore, Inc. (NYSE:WTI) shares dipped 6.4% to $3.80 in pre-market trading.

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