PHOTOS: Tubing in Boulder Creek on Labor Day weekend – The Denver Post

Inner tubers made their way down small rapids in their inner tubes in Boulder Creek near Eben G. Fine Park on Sept. 3, 2023 in Boulder.

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Pre-market Movers: HSDT, UPTD, ADTX, RENB, MLGO…

The following are some of the stocks making big moves in Tuesday’s pre-market trading (as of 07.45 A.M. ET).

In the Green

Helius Medical Technologies, Inc. (HSDT) is up over 62% at $12.02.
Renovaro Biosciences Inc. (RENB) is up over 20% at $3.92.
MicroAlgo Inc. (MLGO) is up over 14% at $3.40.
Zai Lab Limited (ZLAB) is up over 12% at $29.28.
NextGen Healthcare, Inc. (NXGN) is up over 10% at $21.43.
Eve Holding, Inc. (EVEX) is up over 9% at $8.00.
Crixus BH3 Acquisition Company (BHAC) is up over 8% at $11.38.

In the Red

TradeUP Acquisition Corp. (UPTD) is down over 30% at $15.23.
Aditxt, Inc. (ADTX) is down over 20% at $32.81.
Reliance Global Group, Inc. (RELI) is down over 14% at $2.58.
VinFast Auto Ltd. (VFS) is down over 13% at $25.61.
SeqLL Inc. (SQL) is down over 13% at $15.45.
TRxADE HEALTH, Inc. (MEDS) is down over 13% at $10.09.
Manchester United plc (MANU) is down over 9% at $21.39.
Heliogen, Inc. (HLGN) is down over 7% at $6.88.
Hanryu Holdings, Inc. (HRYU) is down over 7% at $4.40.
Wheeler Real Estate Investment Trust, Inc. (WHLR) is down over 7% at $3.90.
Sibanye Stillwater Limited (SBSW) is down over 6% at $5.62.

SoftBank's Arm Holdings Launches IPO Roadshow

Chip designer Arm Holdings plc., affiliated to Japan’s SoftBank Group Corp. (SFTBY), Tuesday announced that it has launched a roadshow for the initial public offering of its American depositary shares or ADS.

A total of 95.50 million ADSs are being offered in the IPO. Arm expects the selling shareholder to grant an option to purchase up to an additional 7 million ADSs to cover over-allotments to the underwriters.

The price is estimated to be between $47.00 and $51.00 per ADS and the company has filed an application to list the securities on the Nasdaq Global Select Market under the symbol “ARM”.

Raine Securities LLC is serving as the financial advisor for this IPO. Barclays, Goldman Sachs & Co. LLC, J.P. Morgan, and Mizuho are the joint book-running managers.

The proposed IPO will be available only by means of a prospectus.

It was in late August that Arm filed for an IPO in the U.S., which is expected to be one of the largest listing in recent years.

In Japan, shares of SoftBank closed at 6422.00 Japanese Yen, up 0.11%.

PHOTOS: Annual Labor Day Parade in Louisville

People pack the streets along Main Street as they enjoy the Labor Day Parade on Sept. 4, 2023 in Louisville, Colo.

First Lady Jill Biden Tested Positive For Covid

First Lady Jill Biden has tested positive for Covid-19.

This was confirmed by the First Lady’s Communications Director Elizabeth Alexander. She said in a statement that Jill tested positive on Monday evening.

She is currently experiencing only mild symptoms. She will remain at the presidential couple’s vacation home in Rehoboth Beach, Delaware, according to Alexander.

The Bidens have been staying there over Labor Day weekend.

White House Press Secretary Karine Jean-Pierre said President Joe Biden was administered a Covid test in the wake of his wife’s viral infection, and he tested negative.

The President will test at a regular cadence this week and monitor for symptoms.

The White House did not say if any precautions will be taken on the campus in response to the 72 year-old first lady’s coronavirus infection.

Despite this, Biden is scheduled to attend a medal of Honor ceremony for an Army veteran Tuesday.

At a ceremony to be held at the East Room at 3:30 PM ET, the President will present the Medal of Honor to Army veteran Captain Larry L. Taylor for conspicuous gallantry.

RE/MAX Holdings Falls On Softening Housing Market Outlook

RE/MAX Holdings, Inc. (RMAX) shares are sliding more than 15 percent on Tuesday morning trade after RE/Max Canada expects a softening fall housing market across the country. The company expects the national average residential sale price across all home types to remain flat, with no change anticipated between now and the end of the year.

Currently, shares are at $13.96, down 14.88 percent from the previous close of $16.40 on a volume of 357,216.

European Economic News Preview: Eurozone Final Composite PMI Data Due

Final Purchasing Managers’ survey results from the euro area and the UK are the top economic news due on Tuesday.

At 3.15 am ET, S&P Global publishes Spain’s services PMI data. The corresponding index is seen falling to 51.5 in August from 52.8 in July.

At 3.45 am ET, PMI data is due from Italy. The services PMI is forecast to drop to 50.2 in August from 51.5 in the previous month.

At 3.50 am ET, final composite PMI data is due from France. The final reading is seen at 46.6 in August, unchanged from the flash estimate.

At 3.55 am ET, S&P Global releases final PMI results for Germany. Economists expect the final composite index to match the flash score of 44.7 in August, down from 48.5 in July.

At 4.00 am ET, final composite PMI data is due from Eurozone. The flash estimate showed that the composite indicator slid to a 33-month low of 47.0 in August from 48.6 in July.

Half an hour later, the UK S&P/CIPS final composite PMI data is due. The services PMI is expected to decline to 48.7 in August, as initially estimated, from 51.5 in July.

Verb Technology Spikes After Technology Integration With TikTok Platform

Shares of Verb Technology Company, Inc. (VERB) are surging more than 138 percent on Tuesday morning trade after the company reported that it has completed and launched a technology integration and strategic relationship with global social media platform TikTok. The integration will help amplify MARKET.live’s hosts’, vendors’, and creators’ reach and impact across platforms, which now includes direct access to TikTok’s 150 million US users.

Currently, shares are at $1.72, up 143.80 percent from the previous close of $0.7155 on a volume of 26,563,432.