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Hoth Therapeutics Rebrands as Rocket One, Shares Surge on AI Chip Pivot
Hoth Therapeutics rebranded as Rocket One Inc., starting trading under RKTO on Thursday. Shares surged 47% pre-market after the pivot to AI chip tech for space.
Plug Power Stock Rises Despite Persistent Cash Concerns
Plug Power shares rose 7.8% to $4.14, nearing a 52-week high, but a $245.3M net loss and $150M cash burn in Q1 continue to worry investors.
Redwire Shares Dip in Premarket as SpaceX IPO Buzz Fades
Redwire shares slid to $23.25 in premarket trading Thursday, retreating from Wednesday's $24.00 close. The decline follows a broader space stock rally tied to SpaceX's IPO, though the company has fresh defense contracts.
Unusual Machines Soars on Pentagon Drone Funding Reports
Unusual Machines (UMAC) surged over 30% premarket on reports of Pentagon funding talks and a partner's selection for the Drone Dominance Program Phase II.
Meta's Subscription Launch Drives Stock Rally
Meta shares jumped 3.74% to $635.25 on Wednesday after introducing paid subscription plans across its apps and AI tools, while raising its 2026 capital spending forecast to $125-$145 billion.
NIO Shares Surge on ES9 SUV Launch Amid China EV Market Shift
NIO shares surged 6.28% in Hong Kong and 9.32% in US ADRs following the launch of its ES9 luxury SUV, as the company navigates a slowing Chinese auto market.
Astrotech Surges on Moon Resource Initiative, But Cash Concerns Loom
Astrotech shares surged 459% on a lunar resource initiative, but the company has no contracts, revenue is falling, and cash is limited.
Ondas Stock Climbs on Drone Funding Buzz Ahead of Key Vote
Ondas shares gained 10.5% premarket as drone funding talks lift sentiment, with a shareholder vote on share authorization looming. Q1 revenue soared to $50.1M.
Red Cat Holdings Surges on Analyst Initiation and Drone Orders
Red Cat Holdings shares surged 9% Wednesday and continued higher pre-market Thursday after H.C. Wainwright initiated coverage with a Buy rating and $20 target.