1 Year Ago
1 Min Read

PRE rising 14% on earnings today

Shares of Prenetics Global Limited - Class A (PRE) are trading 14% higher at a price of $4.35 at the time of this writing. The Health Care sector is having a generally upbeat day, this hasn't really affected the stock's share price, as it outrunning other names in the space.

-Prenetics announced second quarter 2022 financial results and raised its full year adjusted EBITDA outlook
-The company's growth is being driven by its new product lines and its ability to scale its business
-Prenetics is seeing strong demand from its customers and is confident in its future

Prenetics Global Limited - Class A has been trading between a 52-week high of $8.75 and a 52-week low of $3.39. The stock has a market cap of $441 Million.

As you can imagine, the internet had a few things to say about the price move. Here's a few choice comments from the Reddit Traderverse™:

YTChillVibesLofi - 77 upvotes - source
He knows everything he says inverses. I’m sorry but this was straight up pre-meditated murder with intent. This is just like that anime Death Note.

slowdowndowndown - 30 upvotes - source
They have a launch Saturday or something right? Maybe buy the pre launch 0Dte tomorrow. Sell before the launch end of day. I want that 50x tomorrow not in 2030!

apesrulethemarket - 10 upvotes - source
It’s so insane we are above pre Covid levels, nothing justifies that besides stonks only go up

Vector_Integration - 9 upvotes - source
pre-10:30 pump outta steam. Time to start the real drilling.

VisualMod - 9 upvotes - source
> Yes, realtors are back to their pre pandemic jobs.

TarkovReddit0r - 7 upvotes - source
So much pre market pump is there even any green left when it’s opening

chalksandcones - 6 upvotes - source
This much green in the pre market makes me nervous, at least I’ll be able to gamble on football this weekend

Material_Act_7750 - 5 upvotes - source
I think we sell off a bit tomorrow pre market when 🇬🇧 boys sell in solidarity with queen 😢

Freakazoid84 - 3 upvotes - source
generally too much to offload pre-market. I might try though. Historical experiences it's usually a net average of pre-market to regular open.

LightningWB - 3 upvotes - source
Pre market or regular