Sometimes the market gods smile upon you, and sometimes they give you a guidance bump that sends your stock up 28% before most people have finished their morning coffee. That's the situation Bolt Projects Holdings Inc. (BSLK) found itself in during Monday's pre-market session.
The company announced preliminary fiscal 2025 results and, more importantly, decided its previous fiscal 2026 sales guidance wasn't ambitious enough. Bolt Projects bumped its FY2026 sales outlook from $9 million to $11 million—a 22% increase that caught investors' attention. The company also projected fourth-quarter sales of $2.7 million, giving the market some near-term visibility into its business trajectory.
The result? Bolt Projects shares jumped 28.2% to $1.73 in pre-market trading, a solid reminder that beating expectations (or raising them) still matters in this market.
But Bolt Projects wasn't the only name making moves before the opening bell. Here's what else was happening in the pre-market action.
The Winners
Republic Power Group Limited (RPGL) absolutely exploded higher, surging 81.4% to $0.4777 in pre-market trading. No specific catalyst was announced, but moves like this in thinly traded stocks often reflect either breaking news or enthusiastic speculation.
Fitell Corp (FTEL) climbed 42.3% to $1.04 after announcing an interim dividend and shareholder loyalty program on Friday. Apparently, rewarding shareholders still works as a stock catalyst—who knew?
Antelope Enterprise Holdings Ltd (AEHL) bounced back from Friday's 12% decline with a 38% gain to $1.78 in pre-market trading. Classic reversal action for anyone keeping score.
The most interesting move came from DigitalBridge Group Inc (DBRG), which surged 36.7% to $19.00 after Bloomberg reported that SoftBank is nearing a deal to acquire the company. M&A rumors remain one of the most reliable ways to get your stock moving in a hurry.
Cypherpunk Technologies Inc (CYPH) gained 17.5% to $1.41 in pre-market, while Davis Commodities Ltd (DTCK) rose 16.8% to $0.46 after already jumping 66% on Friday. The Singapore-based agricultural commodity trader reported revenue of $95 million for the six months ended June 30, up 42.1% from $66.9 million a year earlier—a strong showing that explains the sustained momentum.
VolitionRX Ltd (VNRX) climbed 12.8% to $0.28 in pre-market trading. D. Boral Capital analyst Jason Kolbert recently maintained a Buy rating on the stock, though he did lower his price target from $5 to $3. Even with the reduced target, that still implies substantial upside from current levels.
Palisade Bio Inc (PALI) gained 8% to $2.32 in pre-market, and Vanda Pharmaceuticals Inc. (VNDA) rose 7.1% to $7.54. Vanda recently submitted a Biologics License Application to the FDA for Imsidolimab for the treatment of generalized pustular psoriasis, a regulatory milestone that could expand its product portfolio.
The Losers
Not everyone was celebrating before the bell. Several stocks that surged on Friday found themselves giving back gains as traders took profits.
ECD Automotive Design Inc (ECDA) fell 17% to $0.96 after rising 47% on Friday. The company announced a major expansion of its 2026 product lineup on Friday, encompassing heritage-inspired coupes, classic SUVs, and modern lifestyle 4x4s. Apparently, the market decided that news was worth a quick 47% pop followed by an equally quick reality check.
WF Holding Ltd (WFF) dropped 17.8% to $0.60 after jumping 32% on Friday, while Emerson Radio Corp (MSN) fell 14.4% to $0.35 with no specific catalyst cited.
SRx Health Solutions Inc (SRXH) declined 11% to $0.25 after gaining over 8% on Friday, and Kaixin Holdings (KXIN) dipped 12% to $5.28 after a 27% gain the previous session. These kinds of reversals are common in volatile small-cap names where momentum can shift quickly.
A SPAC III Acquisition Corp (ASPC) fell 11.7% to $21.21 after jumping 79% on Friday—a massive move even by SPAC standards. Huadi International Group Co., Ltd. (HUDI) dipped 9.1% to $1.05 following a 4% decline on Friday, extending its losing streak.
CID HoldCo Inc (DAIC) declined 7.7% to $0.58 after dipping over 15% on Friday, while Alvotech SA (ALVO) shares fell 6.8% to $4.90 in pre-market trading.
Finally, Sigma Lithium Corp (SGML) tumbled 5.5% to $13.70 after gaining 7% on Friday, another example of Friday's winners becoming Monday morning's profit-taking targets.
The pre-market session served as a reminder that momentum can shift quickly, guidance raises still matter, and acquisition rumors remain the fastest way to move a stock price. Whether these moves hold through the regular trading session is another question entirely.
