Why Philips Shares Are Trading Higher By 37%; Here Are 20 Stocks Moving Premarket

Benzinga · Apr 29 17:53

Shares ofKoninklijke Philips N.V.(NYSE:PHG) rose sharply in today's pre-market trading after reporting first-quarter results. The company also resolved the respironics personal injury and medical monitoring litigation in the US for $1.1 billion.

Koninklijke Philips shares jumped 37.1% to $28.87 in pre-market trading.

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

Gainers

Inno Holdings Inc. (NASDAQ:INHD) gained 33.8% to $0.8410 in pre-market trading.
Ryde Group Ltd.(NYSE:RYDE) gained 25.9% to $4.18 in pre-market trading after dipping 8% on Friday.
Akanda Corp.(NASDAQ:AKAN) climbed 21.4% to $0.1250 in pre-market trading after gaining over 12% on Friday.
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Why Philips Shares Are Trading Higher By 37%; Here Are 20 Stocks Moving Premarket

Gainers

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