Shares of Forte Biosciences Inc (NASDAQ:FBRX) rose sharply in pre-market trading after argenx SE – ADR (NASDAQ:ARGX) announced plans to acquire the company for $77 per share in cash, valuing the deal at $2.2 billion.

Forte Biosciences shares jumped 38.9% to $76.10 in pre-market trading.

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

Gainers

  • T3 Defense Inc (NASDAQ:DFNS) gained 88.7% to $8.21 in pre-market trading after rising around 12% on Friday.
  • Ohmyhome Ltd (NASDAQ:OMH) rose 76.6% to $0.89 in pre-market trading after gaining more than 18% on Friday.
  • Matinas BioPharma Holdings Inc (NYSE:MTNB) rose 45% to $0.35 in pre-market trading. BTIG terminated its sales agreement with Matinas BioPharma, effective immediately on July 23.
  • Baiya International Group Inc (NASDAQ:BIYA) rose 39.4% to $2.69 in pre-market trading. Baiya International Group shares fell 28% on Friday after the company filed a prospectus for a $200 million mixed-shelf offering.
  • Expion360 Inc (NASDAQ:XPON) gained 19% to $3.92 in pre-market trading after declining around 6% on Friday.
  • Next Technology Holding Inc (NASDAQ:NXTT) shares gained 17.2% to $0.72 in pre-market trading after dipping 26% on Friday.
  • Co-Diagnostics Inc (NASDAQ:CODX) shares rose 15.3% to $2.42 in pre-market trading after declining 5% on Friday.
  • PN Smart Energy Ltd (NASDAQ:PN) rose 13% to $9.02 in pre-market trading after dropping over 15% on Friday.
  • Bioventus Inc (NASDAQ:BVS) gained 7.1% to $12.64 in pre-market trading.

Losers

  • Stak Inc (NASDAQ:STAK) tumbled 54.1% to $4.26 in pre-market trading after jumping 602% on Friday.
  • Mogu Inc – ADR (NYSE:MOGU) fell 18.5% to $1.54 in pre-market trading.
  • Catheter Precision Inc (NYSE:VTAK) fell 16.8% to $0.22 in pre-market trading after dipping 35% on Friday. The company’s subsidiary, Fly Flyte, recently announced a strategic partnership with Blade Urban Air Mobility to expand customer reach.
  • Nexera Technologies Ltd (NASDAQ:NEXR) declined 15.5% to $0.28 in pre-market trading after falling 7% on Friday.
  • Wetour Robotics Ltd (NASDAQ:WETO) fell 13.5% to $0.087 in pre-market trading after dipping around 12% on Friday.
  • Bio Green Med Solution Inc (NASDAQ:BGMS) fell 12.5% to $0.80 in pre-market trading after gaining 5% on Friday.
  • 707 Cayman Holdings Ltd (NASDAQ:JEM) fell 12.3% to $5.57 in pre-market trading after surging 34% on Friday.
  • IM Cannabis Corp (NASDAQ:IMCC) fell 11.2% to $0.11 in pre-market trading after declining 11% on Friday.
  • Kosmos Energy Ltd (NYSE:KOS) fell 6.8% to $2.45 in pre-market trading following a 4% decline on Friday.
  • Patterson-UTI Energy Inc (NASDAQ:PTEN) fell 6.6% to $9.53 in pre-market trading.

Photo via Shutterstock