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Why Block Shares Are Trading Higher By 10%; Here Are 20 Stocks Moving Premarket
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Shares of Block, Inc. (NYSE:XYZ) rose sharply in pre-market trading ahead of the S&P 500 debut of the Jack Dorsey-founded fintech company.

Block will replace Hess Corp. in the S&P 500 effective prior to the opening of trading on Wednesday, July 23.

Block shares jumped 9.6% to $79.81 in the pre-market trading session.

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

Gainers

  • GlucoTrack, Inc. (NASDAQ:GCTK) shares jumped 82% to $10.61 in pre-market trading.
  • Dynamix Corporation (NASDAQ:DYNX) surged 55.4% to $15.73 in pre-market trading. The Wall Street Journal reported Dynamix plans merger to form The Ether Machine.
  • TNF Pharmaceuticals, Inc. (NASDAQ:TNFA) shares gained 54% to $0.1347 in pre-market trading after declining around 8% on Friday.
  • Incannex Healthcare Inc. (NASDAQ:IXHL) rose 42.2% to $0.8674 in pre-market trading after jumping 65% on Friday.
  • LM Funding America, Inc. (NASDAQ:LMFA) gained 27.8% to $4.13 in pre-market trading after gaining more than 45% on Friday.
  • WANG & LEE GROUP, Inc. (NASDAQ:WLGS) climbed 27.3% to $0.0598 in pre-market trading after gaining 13% on Thursday.
  • 180 Life Sciences Corp. (NASDAQ:ATNF) rose 18.1% to $2.22 in pre-market trading.
  • Solid Power, Inc. (NASDAQ:SLDP) surged 14.1% to $4.30 in pre-market trading after gaining 17% on Friday.
  • Opendoor Technologies Inc. (NASDAQ:OPEN) surged 12.3% to $2.53 in pre-market trading after gaining 36% on Friday.

Losers

  • Expion360 Inc. (NASDAQ:XPON) dipped 15.2% to $1.34 in pre-market trading after gaining 52% on Friday.
  • Telomir Pharmaceuticals, Inc. (NASDAQ:TELO) dipped 13.6% to $1.97 in pre-market trading. Telomir Pharmaceuticals shares jumped 88% on Friday after the company announced data for its gene silencing of STAT1.
  • Evotec SE (NASDAQ:EVO) declined 11.3% to $3.78 in pre-market trading after the company updated its revenue guidance for the fiscal year 2025.
  • Cyclacel Pharmaceuticals, Inc. (NASDAQ:CYCC) shares tumbled 10% to $11.77 in pre-market trading after jumping over 58% on Friday.
  • K-TECH Solutions Company Limited (NASDAQ:KMRK) fell 8.2% to $2.25 in pre-market trading after dipping 45% on Friday.
  • Majestic Ideal Holdings Ltd (NASDAQ:MJID) declined 7.9% to $3.04 in pre-market trading after dipping 45% on Friday.
  • Graphjet Technology (NASDAQ:GTI) fell 7.1% to $0.0798 in pre-market trading after declining around 9% on Friday.
  • Adicet Bio, Inc. (NASDAQ:ACET) fell 7.1% to $0.7061 in pre-market trading after falling 4% on Friday.
  • Webull Corporation (NASDAQ:BULL) fell 6.4% to $15.79 in pre-market trading. Webull filed for up to 75.16 million share ordinary stock offering by selling shareholder.
  • SaverOne 2014 Ltd. (NASDAQ:SVRE) shares fell 4% to $2.86 in pre-market trading after jumping 18% on Friday.

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Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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