Why NN Shares Are Trading Higher By 12%; Here Are 20 Stocks Moving Premarket

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Shares of NN, Inc. (NASDAQ:NNBR) rose sharply in pre-market trading, after the North Carolina-based precision manufacturer said preliminary first-quarter net sales are expected to “demonstrate growth versus the prior year and the company’s forecast,” while also raising its full-year new business guidance.

NN secured about $43 million in new awards at peak annual sales during the first quarter, focused on the electric grid and data center markets, which are the company’s second-largest end markets.

NN shares jumped 12.1% to $1.76 in pre-market trading.

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

Gainers

  • Nicola Mining Inc. (NASDAQ:NICM) gained 187.4% to $20.00 in pre-market trading.
  • Allied Gaming & Entertainment Inc. (NASDAQ:AGAE) gained 110% to $0.6872 in pre-market trading after the company settled a legal dispute with Los Angeles-based gaming and entertainment firm Knighted Pastures LLC, clearing a Delaware court attorneys’ fees overhang.
  • Immutep Limited (NASDAQ:IMMP) rose 80% to $0.5589 in pre-market trading.
  • Liminatus Pharma, Inc. (NASDAQ:LIMN) rose 54.1% to $0.2780 in pre-market trading.
  • Tianci International, Inc. (NASDAQ:CIIT) jumped 45% to $1.9996 in pre-market trading after the Hong Kong-based logistics company disclosed a strategic expansion into African mineral resources.
  • Milestone Scientific Inc. (NYSE:MLSS) …

Full story available on Benzinga.com

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