Stocks making the biggest moves premarket: USA Rare Earth, Allied Gold, Core Weave, En phase & more
USA Rare Earth — Shares rose more than 21% after the Trump administration took a stake in the rare earths miner.
The company will issue 16.1 million shares of common stock and 17.6 million in warrants.
Allied Gold — The gold miner climbed more than 3% after it agreed to be acquired by Hong Kong-based Zi jin Gold for C$5.5 billion in cash. The deal is expected to close by late April.
New mont — Shares climbed more than 4% as gold prices continued their surge to record levels.
The precious metal on Monday climbed above $5,100 for the first time.
En phase Energy — The solar energy stock fell nearly 2% after the company said it would cut its workforce by more than 5%, impacting around 160 employees.
Airlines — The group fell as a heavy winter storm affecting much of the U.S. raised concerns of flight cancellations and delays.
Shares of United Airlines and American Airlines slid nearly 1%, each. Shares of Delta Air Lines and Southwest Airlines were also lower.
App Lo vin — The mobile advertising company rose more than 2% after an upgrade from Needham.
The firm moved its rating of App Lov in to buy from hold. Needham’s $700 price target indicates 25% upside from Friday’s close.
Ion Q, Sky Water Technology — Shares gained 2.7% after the quantum computing company agreed to buy Sky Water Technology for around $1.8 billion.
The deal is expected to close in the second or third quarter of 2026. Ion Q added it expects to report 2025 revenue at the high end of its guidance range.
SkyWater Technology popped 7.3%.
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