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ZIM Integrated Shipping Jumps 8% on Takeover Offers, Plus 20 Stocks Making Big Premarket Moves

MarketDash Editorial Team
7 hours ago
ZIM Integrated Shipping surged in premarket trading after revealing it received multiple acquisition proposals from strategic buyers. The company's board is evaluating the competitive offers to maximize shareholder value. Meanwhile, stocks across sectors saw significant volatility, with gainers led by Vivakor and reAlpha Tech on acquisition news.

Sometimes the market loves a bidding war, and Tuesday morning gave us exactly that scenario with ZIM Integrated Shipping Services Ltd (ZIM).

Shares of the shipping company jumped sharply in premarket trading after ZIM disclosed it had received multiple competitive proposals from strategic parties looking to acquire all outstanding shares. The company's board is now evaluating these offers with an eye toward delivering significant value to shareholders. Translation: when multiple buyers come knocking, you suddenly have leverage.

ZIM shares climbed 7.6% to $21.38 in premarket trading as investors digested the news.

But ZIM wasn't the only stock making waves before the opening bell. Here's a look at other notable movers in premarket trading.

The Winners

Vivakor inc (VIVK) surged 39.7% to $0.086 in premarket trading after declining 17% on Monday. The energy services company signed a non-binding letter of intent to acquire Coyote Oilfield Services, giving investors something to get excited about.

reAlpha Tech Corp (AIRE) surged 37.1% to $0.64 in premarket trading as the company announced plans to acquire InstaMortgage for $8.5 million. Acquisition fever was clearly contagious this morning.

Cemtrex Inc (CETX) rose 30.3% to $3.95 in premarket trading after already jumping 32% on Monday. Whatever momentum the stock caught appears to be continuing.

INNEOVA Holdings Ltd (INEO) rose 21.5% to $0.64 in premarket trading without any immediately obvious catalyst.

ATIF Holdings Ltd (ZBAI) gained 17.7% to $9.38 in premarket trading.

BeyondSpring Inc. (BYSI) shares jumped 15.7% to $2.20 in premarket trading after dipping 19% on Monday. The biotech stock appeared to be recovering some of Monday's losses.

Solo Brands Inc (SBDS) rose 13.4% to $7.95 in premarket trading after gaining 5% on Monday. The outdoor lifestyle brand continued its upward trajectory.

Emerson Radio Corp (MSN) gained 12.3% to $0.4382 in premarket trading after declining around 7% on Monday.

Neumora Therapeutics Inc (NMRA) gained 10.5% to $2.00 in premarket after adding 3% on Monday.

The Losers

Sidus Space Inc (SIDU) fell 38.4% to $1.41 in premarket trading after the company reported pricing of a public offering. Dilution fears hit hard and fast.

Haoxin Holdings Ltd (HXHX) fell 38% to $0.80 in premarket trading after jumping around 274% on Monday. The stock gave back a chunk of those eye-popping gains in a classic case of what goes up sometimes comes right back down.

Starfighters Space Inc (FJET) tumbled 23.2% to $24.19 in premarket trading after gaining more than 370% on Monday in post-IPO volatility. The aerospace company's wild ride appeared to be moderating, albeit with continued dramatic swings.

IGC Pharma Inc (IGC) fell 18.1% to $0.25 in premarket trading.

Impact Biomedical Inc (IBO) fell 17.5% to $0.46 in premarket trading after declining 8% on Monday. The losses continued to pile up for the biomedical company.

Paranovus Entertainment Technology Ltd (PAVS) declined 15.3% to $1.72 in premarket trading after the company received a Nasdaq delisting notification. That's never the kind of news investors want to wake up to.

Mega Fortune Co Ltd (MGRT) dipped 15.3% to $10.50 in premarket trading after gaining more than 70% on Monday. Like Haoxin, profit-taking appeared to be the order of the day.

ECD Automotive Design Inc (ECDA) shares dipped 15.3% to $0.16 in premarket trading after announcing a 1-for-5 reverse stock split. Reverse splits rarely inspire confidence among investors.

CapsoVision Inc (CV) dipped 5.6% to $12.35 in premarket trading.

Rocket Lab Corp (RKLB) fell 5.3% to $73.46 in premarket trading. The space company's shares had jumped 10% on Monday after Rocket Lab announced it launched its 21st Electron rocket of the year to deploy the latest satellite to space for multi-launch customer Institute for Q-shu Pioneers of Space. Even good news doesn't always prevent profit-taking the next day.

Back to Stock Market News

ZIM Integrated Shipping Jumps 8% on Takeover Offers, Plus 20 Stocks Making Big Premarket Moves

MarketDash Editorial Team
7 hours ago
ZIM Integrated Shipping surged in premarket trading after revealing it received multiple acquisition proposals from strategic buyers. The company's board is evaluating the competitive offers to maximize shareholder value. Meanwhile, stocks across sectors saw significant volatility, with gainers led by Vivakor and reAlpha Tech on acquisition news.

Sometimes the market loves a bidding war, and Tuesday morning gave us exactly that scenario with ZIM Integrated Shipping Services Ltd (ZIM).

Shares of the shipping company jumped sharply in premarket trading after ZIM disclosed it had received multiple competitive proposals from strategic parties looking to acquire all outstanding shares. The company's board is now evaluating these offers with an eye toward delivering significant value to shareholders. Translation: when multiple buyers come knocking, you suddenly have leverage.

ZIM shares climbed 7.6% to $21.38 in premarket trading as investors digested the news.

But ZIM wasn't the only stock making waves before the opening bell. Here's a look at other notable movers in premarket trading.

The Winners

Vivakor inc (VIVK) surged 39.7% to $0.086 in premarket trading after declining 17% on Monday. The energy services company signed a non-binding letter of intent to acquire Coyote Oilfield Services, giving investors something to get excited about.

reAlpha Tech Corp (AIRE) surged 37.1% to $0.64 in premarket trading as the company announced plans to acquire InstaMortgage for $8.5 million. Acquisition fever was clearly contagious this morning.

Cemtrex Inc (CETX) rose 30.3% to $3.95 in premarket trading after already jumping 32% on Monday. Whatever momentum the stock caught appears to be continuing.

INNEOVA Holdings Ltd (INEO) rose 21.5% to $0.64 in premarket trading without any immediately obvious catalyst.

ATIF Holdings Ltd (ZBAI) gained 17.7% to $9.38 in premarket trading.

BeyondSpring Inc. (BYSI) shares jumped 15.7% to $2.20 in premarket trading after dipping 19% on Monday. The biotech stock appeared to be recovering some of Monday's losses.

Solo Brands Inc (SBDS) rose 13.4% to $7.95 in premarket trading after gaining 5% on Monday. The outdoor lifestyle brand continued its upward trajectory.

Emerson Radio Corp (MSN) gained 12.3% to $0.4382 in premarket trading after declining around 7% on Monday.

Neumora Therapeutics Inc (NMRA) gained 10.5% to $2.00 in premarket after adding 3% on Monday.

The Losers

Sidus Space Inc (SIDU) fell 38.4% to $1.41 in premarket trading after the company reported pricing of a public offering. Dilution fears hit hard and fast.

Haoxin Holdings Ltd (HXHX) fell 38% to $0.80 in premarket trading after jumping around 274% on Monday. The stock gave back a chunk of those eye-popping gains in a classic case of what goes up sometimes comes right back down.

Starfighters Space Inc (FJET) tumbled 23.2% to $24.19 in premarket trading after gaining more than 370% on Monday in post-IPO volatility. The aerospace company's wild ride appeared to be moderating, albeit with continued dramatic swings.

IGC Pharma Inc (IGC) fell 18.1% to $0.25 in premarket trading.

Impact Biomedical Inc (IBO) fell 17.5% to $0.46 in premarket trading after declining 8% on Monday. The losses continued to pile up for the biomedical company.

Paranovus Entertainment Technology Ltd (PAVS) declined 15.3% to $1.72 in premarket trading after the company received a Nasdaq delisting notification. That's never the kind of news investors want to wake up to.

Mega Fortune Co Ltd (MGRT) dipped 15.3% to $10.50 in premarket trading after gaining more than 70% on Monday. Like Haoxin, profit-taking appeared to be the order of the day.

ECD Automotive Design Inc (ECDA) shares dipped 15.3% to $0.16 in premarket trading after announcing a 1-for-5 reverse stock split. Reverse splits rarely inspire confidence among investors.

CapsoVision Inc (CV) dipped 5.6% to $12.35 in premarket trading.

Rocket Lab Corp (RKLB) fell 5.3% to $73.46 in premarket trading. The space company's shares had jumped 10% on Monday after Rocket Lab announced it launched its 21st Electron rocket of the year to deploy the latest satellite to space for multi-launch customer Institute for Q-shu Pioneers of Space. Even good news doesn't always prevent profit-taking the next day.