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Why Baidu Shares Are Trading Higher By Over 12%; Here Are 20 Stocks Moving Premarket

Avi Kapoor | Jan 02, 2026 09:30 | Source: www.benzinga.com

Shares of Baidu Inc (NASDAQ:BIDU) rose sharply in pre-market trading after the company announced its proposed spinoff and separate listing of the H shares of Kunlunxin (Beijing) Technology Co., Ltd. on the Main Board of the Hong Kong Stock Exchange.

Baidu shares jumped 12.3% to $146.69 in the pre-market trading session.

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

Gainers

Eason Technology Ltd (NYSE:DXF) surged 47.8% to $2.66 in pre-market trading after dipping 10% on Wednesday.
Aimei Health Technology Co Ltd (NASDAQ:AFJK) gained 32.8% to $85.01 in pre-market trading after falling 22% on Wednesday.
Biofrontera Inc (NASDAQ:BFRI) rose 28.5% to $0.73 in pre-market trading after dipping more than 20% on Wednesday. Biofrontera, last month, announced the completion of the transfer of the FDA approvals for Ameluz and the RhodoLED Lamp Series, including the NDA and the IND.
ChowChow Cloud International HLDG Ltd (NYSE:CHOW) rose 26.8% to $0.77 in pre-market trading after the company announced said first half 2025 revenue jumped 81.3% year-over-year to $22.8 million and net income climbed 80% to $1.6 million.
Rubico Inc (NASDAQ:RUBI) rose 24.7% to $1.33 in pre-market trading after the company announced it entered into a purchase agreement for the acquisition from Top Ships of a vessel-owning company which is party to a shipbuilding contract for a newbuilding mega yacht.
Sable Offshore Corp (NYSE:SOC) gained 21.4% to $10.96 in pre-market trading after climbing 3% on Wednesday.
Diginex Ltd (NASDAQ:DGNX) rose 17.8% to $4.91 in pre-market trading after declining 8% on Wednesday.
Sellas Life Sciences Group Inc (NASDAQ:SLS) gained 8.2% to $4.08 in pre-market trading after adding 14% on Wednesday.
X T L Biopharmaceuticals Ltd (NASDAQ:XTLB) rose 8.1% to $0.63 in pre-market trading after dipping over 16% on Wednesday.

Losers

Outlook Therapeutics Inc (NASDAQ:OTLK) fell 60.9% to $0.62 in pre-market trading after the company disclosed that the FDA has issued a complete response letter to the ONS-5010/LYTENAVA biologics license application resubmission, indicating that the FDA cannot approve the application in its present form for the treatment of wet age-related macular degeneration.
Moolec Science SA (NASDAQ:MLEC) fell 21.5% to $0.20 in pre-market trading after the company received determination letter from the Nasdaq indicating that the company does not currently meet the minimum stockholders’ equity requirement.
Intelligent Bio Solutions Inc (NASDAQ:INBS) fell 19.2% to $7.70 in pre-market trading as the company announced a $10.0 Million private placement priced at-the-market under Nasdaq rules.
Nocera Inc (NASDAQ:NCRA) declined 9.7% to $0.77 in pre-market trading.
Nuvve Holding Corp (NASDAQ:NVVE) dipped 9.3% to $2.30 in pre-market trading. Nuvve announced closing of private placement Series A preferred stock and warrants.
Net Lease Office Properties (NYSE:NLOP) shares dipped 8.9% to $23.50 in pre-market trading.
Adlai Nortye Ltd (NASDAQ:ANL) fell 7.6% to $1.31 in pre-market trading after declining around 5% on Wednesday.
Semilux International Ltd (NASDAQ:SELX) dipped 7.4% to $0.75 in pre-market trading after gaining 14% on Wednesday.
Progressive Corp (NYSE:PGR) tumbled 5.8% to $214.60 in pre-market trading.
Huachen AI Parking Mgmt Tech Hldg Co Ltd (NASDAQ:HCAI) fell 5.3% to $0.33 in pre-market trading after gaining 8% on Wednesday.