What Caused a 45% Surge in Mobile-Health Network (MNDR) Stock During After-Hours Trading?
Stock Surge: Mobile-Health Network Solutions Inc. (MNDR) shares rose 44.75% in after-hours trading, reaching $2.75, despite a year-to-date decline of 86.69%.
SEC Filing: The company filed with the SEC to increase its at-the-market offering capacity from $1.25 million to $2.26 million, allowing the sale of Class A Ordinary Shares under a sales agreement.
Data Center Agreement: In November, Mobile-Health Network signed an MOU to build two AI data centers in Malaysia, with a total compensation valued at up to $120 million.
Market Performance: MNDR's stock closed at $1.90, down 34.93% in regular trading, with a market capitalization of $2.33 million and a 52-week price range of $1.53 to $39.60.
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MongoDB's Strong Performance: MongoDB Inc. shares surged 22.8% in pre-market trading after reporting third-quarter revenue of $628.31 million, exceeding analyst expectations, and raising its FY26 guidance.
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Significant Losers: Janux Therapeutics Inc. experienced a 39.3% drop in pre-market trading after releasing updated interim data, while American Bitcoin Corp. fell 17% after a previous decline.
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