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Shares of INNOVATE Corp. (NYSE:VATE) rose sharply in today's pre-market trading.

INNOVATE announced the FDA approval of MediBeacon’s TGFR System For accurate kidney function testing.

INNOVATE shares jumped 19.4% to $6.10 in the pre-market trading session.

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

Gainers

• EON Resources Inc. (NYSE:EONR) gained 89.2% to $1.93 in pre-market trading.
• Dogwood Therapeutics, Inc. (NASDAQ:DWTX) rose 62.5% to $3.04 in pre-market trading after falling 3% on Friday.
• Crown Electrokinetics Corp. (NASDAQ:CRKN) rose 43.5% to $0.1794 in pre-market trading. Crown Electrokinetics shares jumped around 57% on Friday after the company announced it entered into an exclusive partnership with Electro Scan.
• Trio Petroleum Corp. (NYSE:TPET) gained 30.7% to $2.33 in pre-market trading. Trio Petroleum said as of Jan. 7, it has fully repaid senior secured convertible promissory notes with aggregate principal of $1.6 million.
• Tempus AI, Inc (NASDAQ:TEM) gained 22.9% to $43.21 in pre-market trading.
• Crown LNG Holdings Limited (NASDAQ:CGBS) gained 22.8% to $0.9185 in pre-market trading.
• Agape ATP Corporation (NASDAQ:ATPC) gained 22.6% to $1.63 in pre-market trading.
• First Foundation Inc. (NYSE:FFWM) gained 12.7% to $7.09 in pre-market trading. First Foundation will release its fourth quarter 2024 earnings results before the opening bell on Thursday, Jan. 30.
• Riskified Ltd. (NYSE:RSKD) gained 9.2% to $5.49 in pre-market trading.

Losers

• Canoo Inc. (NASDAQ:GOEV) fell 72.3% to $0.3736 in pre-market trading after the company announced Chapter 7 bankruptcy filing, ending operations effective immediately.
• Orangekloud Technology Inc. (NASDAQ:ORKT) shares fell 30.3% to $0.78 in pre-market trading after dipping 72% on Friday.
• Treace Medical Concepts, Inc. (NASDAQ:TMCI) fell 29.4% to $6.14 in pre-market trading after gaining over 5% on Friday.
• IF Bancorp, Inc. (NASDAQ:IROQ) shares dipped 29.4% to $18.00 in pre-market trading after gaining 6% on Friday.
• TechTarget, Inc. (NASDAQ:TTGT) shares tumbled 19.5% to $14.00 in pre-market trading.
• Elicio Therapeutics, Inc. (NASDAQ:ELTX) shares fell 19.4% to $5.10 in pre-market trading.
• Baird Medical Investment Holdings Limited (NASDAQ:BDMD) fell 18.2% to $7.24 in today's pre-market trading after jumping 63% on Friday.
• Rayonier Advanced Materials Inc. (NYSE:RYAM) declined 17.1% to $6.24 in pre-market trading
• New Oriental Education & Technology Group Inc. (NYSE:EDU) fell 16.2% to $50.98 in pre-market trading after the company announced weak quarterly earnings.
• SWK Holdings Corporation (NASDAQ:SWKH) dipped 14.3% to $14.00 in pre-market trading.

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