Why NioCorp Developments Shares Are Trading Higher By Around 14%; Here Are 20 Stocks Moving Premarket - Strive (NASDAQ:ASST), Aclarion (NASDAQ:ACON)
Company Overview - NioCorp Developments Ltd reported a record cash balance of $162.8 million as of September 30 [1] - The company posted a net loss of $42.7 million, or 53 cents per share, for the three-month period ended September 30, compared to a net loss of $2.1 million, or 5 cents per share, in the same period last year [1] Market Reaction - Shares of NioCorp Developments rose sharply by 13.6% to $11.81 in pre-market trading following the financial results announcement [2]