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Shares of Globalstar, Inc. (NASDAQ:GSAT) rose sharply in pre-market trading after a report said Amazon.com Inc. (NASDAQ:AMZN) is in talks to acquire the satellite communications company, citing people familiar with the matter.
The Financial Times reported Wednesday that the companies were still negotiating some of the deal’s complexities after lengthy talks
Globalstar shares jumped 11.7% to $76.40 in pre-market trading.
Here are some other stocks moving in pre-market trading.
Gainers
- Turbo Energy SA (NASDAQ:TURB) gained 91.9% to $4.51 in pre-market trading. Turbo Energy recently reported FY25 preliminary revenue range of $22.5 million – $23.5 million.
- Semilux International Ltd (NASDAQ:SELX) gained 67.1% to $0.58 in pre-market trading after jumping 43% on Wednesday.
- Visionary Holdings Inc (NASDAQ:GV) gained 37.2% to $0.28 in pre-market trading after the Toronto-based company announced a US$20 million investment cooperation agreement with Qingdao Xihai Rongke on Tuesday for an anti-aging project in China.
- Battalion Oil Corp (NYSE:BATL) rose 36.6% to $5.26 in pre-market trading.
- TMD Energy Ltd (NYSE:TMDE) surged 25.4% to $1.33 in pre-market trading after falling around 5% on Wednesday.
- AleAnna Inc (NASDAQ:
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