XChange TEC.INC Announces Plan to Implement ADS Ratio Change
ADS Ratio Change Announcement: XChange TEC.INC plans to change the ratio of its American depositary shares (ADSs) from 1 ADS representing 120 Class A ordinary shares to 1 ADS representing 2,400 Class A ordinary shares, effective May 9, 2025.
Impact on ADS Holders: This change will function as a one-for-twenty reverse split, requiring holders to exchange their old ADSs for new ones, with no fractional new ADSs issued; instead, fractional entitlements will be sold and proceeds distributed to ADS holders.
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LexinFintech Shares Surge Over 15%; Check Out 20 Stocks Making Moves in Premarket Trading
LexinFintech Holdings Performance: LexinFintech Holdings Ltd reported a significant increase in quarterly earnings, rising to 43 cents per share from 28 cents a year ago, despite a drop in sales to $367.580 million from $521.851 million. The stock surged 15.3% in pre-market trading.
Other Gainers in Pre-Market Trading: Several stocks saw notable increases in pre-market trading, including Inspire Veterinary Partners Inc (+54.4%), VisionSys AI Inc (+43.4%), and JX Luxventure Group Inc (+36.2%).
Losers in Pre-Market Trading: Conversely, stocks like Clearside Biomedical Inc (-50.3%), Shuttle Pharmaceuticals Holdings Inc (-15%), and XChange TEC.INC (-14%) experienced significant declines in pre-market trading.
Market Overview: The article provides a snapshot of various stocks' performances in pre-market trading, highlighting both gainers and losers, along with specific percentage changes.
Nvidia Shares Rise Over 5%; Check Out 20 Stocks Making Moves in Premarket Trading
NVIDIA's Strong Performance: NVIDIA Corp's shares rose 5.2% in pre-market trading after reporting a 62% year-over-year revenue increase to $57.0 billion for Q3, surpassing expectations with a strong revenue forecast for the current quarter.
Notable Gainers: Several stocks saw significant pre-market gains, including Sonder Holdings Inc (+138.8%), Inspire Veterinary Partners Inc (+60.3%), and Cerence Inc (+29.2%), following positive financial results or forecasts.
Major Losers: WeShop Holdings Limited experienced a sharp decline of 38.8% in pre-market trading after a previous surge, while other notable losers included Brera Holdings PLC (-35.5%) and Meihua International Medical Tech Co Ltd (-23.8%).
Market Overview: The pre-market trading session showed a mix of gains and losses across various stocks, with some companies reporting better-than-expected financial results while others faced significant declines.
MongoDB Shares Surge 31%; Check Out 20 Stocks Making Moves in Premarket Trading
MongoDB's Strong Performance: MongoDB, Inc. shares surged 31% in pre-market trading after reporting better-than-expected second-quarter results and raising its fiscal 2026 adjusted EPS guidance to between $3.64 and $3.73.
Other Gainers: Notable pre-market gainers included NovaBay Pharmaceuticals (up 66.7% due to a special cash dividend), Bollinger Innovations (up 32.1%), and BioXcel Therapeutics (up 19.5% after announcing Phase 3 data).
Pre-Market Losers: Stocks that declined in pre-market trading included Fenbo Holdings (down 16.8%), SCWorx Corp (down 15.2%), and Beneficient (down 14.3%).
Market Overview: The article provides a snapshot of various stocks' performances in pre-market trading, highlighting significant movements both upward and downward.
XCHANGE TEC.INC RECEIVES NASDAQ DELISTING DETERMINATION AND PLANS TO APPEAL
Delisting Notice from Nasdaq: XChange TEC.INC received a delisting letter from Nasdaq due to non-compliance with the minimum Market Value of Listed Securities requirement, which expired on May 12, 2025. The company plans to appeal this decision by May 20, 2025.
Company Overview: XChange TEC.INC operates in the insurance sector in China, providing a range of insurance products and developing insurance technology solutions, including a SaaS platform for consumer connection and underwriting support.
Alcon, American Eagle, GRAIL And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session
U.S. Stock Market Overview: U.S. stock futures showed mixed results, with Dow futures down 0.1%. Alcon Inc's shares fell 5.5% after reporting disappointing quarterly earnings and lowering FY2025 earnings guidance while raising sales guidance.
Other Notable Stock Movements: Several companies experienced significant pre-market declines, including Aurora Innovation (-16.7%), GRAIL Inc (-14.1%), and American Eagle Outfitters (-13.8%) following negative news or revised guidance.
XChange TEC.INC Announces Plan to Implement ADS Ratio Change
ADS Ratio Change Announcement: XChange TEC.INC plans to change the ratio of its American depositary shares (ADSs) from 1 ADS representing 120 Class A ordinary shares to 1 ADS representing 2,400 Class A ordinary shares, effective May 9, 2025.
Impact on ADS Holders: This change will function as a one-for-twenty reverse split, requiring holders to exchange their old ADSs for new ones, with no fractional new ADSs issued; instead, fractional entitlements will be sold and proceeds distributed to ADS holders.
LexinFintech Shares Surge Over 15%; Check Out 20 Stocks Making Moves in Premarket Trading
LexinFintech Holdings Performance: LexinFintech Holdings Ltd reported a significant increase in quarterly earnings, rising to 43 cents per share from 28 cents a year ago, despite a drop in sales to $367.580 million from $521.851 million. The stock surged 15.3% in pre-market trading.
Other Gainers in Pre-Market Trading: Several stocks saw notable increases in pre-market trading, including Inspire Veterinary Partners Inc (+54.4%), VisionSys AI Inc (+43.4%), and JX Luxventure Group Inc (+36.2%).
Losers in Pre-Market Trading: Conversely, stocks like Clearside Biomedical Inc (-50.3%), Shuttle Pharmaceuticals Holdings Inc (-15%), and XChange TEC.INC (-14%) experienced significant declines in pre-market trading.
Market Overview: The article provides a snapshot of various stocks' performances in pre-market trading, highlighting both gainers and losers, along with specific percentage changes.
Nvidia Shares Rise Over 5%; Check Out 20 Stocks Making Moves in Premarket Trading
NVIDIA's Strong Performance: NVIDIA Corp's shares rose 5.2% in pre-market trading after reporting a 62% year-over-year revenue increase to $57.0 billion for Q3, surpassing expectations with a strong revenue forecast for the current quarter.
Notable Gainers: Several stocks saw significant pre-market gains, including Sonder Holdings Inc (+138.8%), Inspire Veterinary Partners Inc (+60.3%), and Cerence Inc (+29.2%), following positive financial results or forecasts.
Major Losers: WeShop Holdings Limited experienced a sharp decline of 38.8% in pre-market trading after a previous surge, while other notable losers included Brera Holdings PLC (-35.5%) and Meihua International Medical Tech Co Ltd (-23.8%).
Market Overview: The pre-market trading session showed a mix of gains and losses across various stocks, with some companies reporting better-than-expected financial results while others faced significant declines.
MongoDB Shares Surge 31%; Check Out 20 Stocks Making Moves in Premarket Trading
MongoDB's Strong Performance: MongoDB, Inc. shares surged 31% in pre-market trading after reporting better-than-expected second-quarter results and raising its fiscal 2026 adjusted EPS guidance to between $3.64 and $3.73.
Other Gainers: Notable pre-market gainers included NovaBay Pharmaceuticals (up 66.7% due to a special cash dividend), Bollinger Innovations (up 32.1%), and BioXcel Therapeutics (up 19.5% after announcing Phase 3 data).
Pre-Market Losers: Stocks that declined in pre-market trading included Fenbo Holdings (down 16.8%), SCWorx Corp (down 15.2%), and Beneficient (down 14.3%).
Market Overview: The article provides a snapshot of various stocks' performances in pre-market trading, highlighting significant movements both upward and downward.
XCHANGE TEC.INC RECEIVES NASDAQ DELISTING DETERMINATION AND PLANS TO APPEAL
Delisting Notice from Nasdaq: XChange TEC.INC received a delisting letter from Nasdaq due to non-compliance with the minimum Market Value of Listed Securities requirement, which expired on May 12, 2025. The company plans to appeal this decision by May 20, 2025.
Company Overview: XChange TEC.INC operates in the insurance sector in China, providing a range of insurance products and developing insurance technology solutions, including a SaaS platform for consumer connection and underwriting support.
Alcon, American Eagle, GRAIL And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session
U.S. Stock Market Overview: U.S. stock futures showed mixed results, with Dow futures down 0.1%. Alcon Inc's shares fell 5.5% after reporting disappointing quarterly earnings and lowering FY2025 earnings guidance while raising sales guidance.
Other Notable Stock Movements: Several companies experienced significant pre-market declines, including Aurora Innovation (-16.7%), GRAIL Inc (-14.1%), and American Eagle Outfitters (-13.8%) following negative news or revised guidance.
XChange TEC.INC Announces Plan to Implement ADS Ratio Change
ADS Ratio Change Announcement: XChange TEC.INC plans to change the ratio of its American depositary shares (ADSs) from 1 ADS representing 120 Class A ordinary shares to 1 ADS representing 2,400 Class A ordinary shares, effective May 9, 2025.
Impact on ADS Holders: This change will function as a one-for-twenty reverse split, requiring holders to exchange their old ADSs for new ones, with no fractional new ADSs issued; instead, fractional entitlements will be sold and proceeds distributed to ADS holders.
