IPM, BCG, HUBC Among Stocks Soaring Before The Bell — Top Pre-Market Gainers Today

• Intelligent Protection shares soared nearly 28% before the opening bell on Wednesday after the company entered into a strategic collaboration with Masori Therapeutics to deliver the latter’s technology to its web hosting customers.
• Binah Capital shares soared more than 55% in Wednesday’s pre-market trade after the company announced its fourth-quarter results, swinging to a profit compared to a loss during the year-ago period.
• HUB Cyber Security shares surged more than 55% in Wednesday’s pre-market session after the company announced a leadership transition.

U.S. equities were in the green in Wednesday’s pre-market trade after President Donald Trump stated that the United States would be leaving Iran “very soon.”

President Trump told reporters at the White House on Tuesday that there is no reason for the U.S. to continue with the Iran war, adding that the Middle Eastern country does not have to strike a deal with the United States because it has been “put into the Stone Ages.”

“Then we’ll leave whether we have a deal or not. It’s irrelevant now. It’s possible that we’ll have a deal because they want to make a deal,” he added.

President Trump is also scheduled to deliver an address to the nation on Wednesday night, at 9 p.m. ET, with respect to an “important update on Iran.”

At the time of writing, the SPDR S&P 500 ETF (SPY), which tracks the S&P 500 index, was up 0.5%; the Invesco QQQ Trust ETF (QQQ) rose 0.65%; and the SPDR Dow Jones Industrial Average ETF Trust (DIA) gained 0.57%. Retail sentiment on Stocktwits regarding the S&P 500 ETF was in the ‘bearish’ territory.

Here are the top stocks making the biggest moves in Wednesday’s pre-market trade:

Intelligent Protection Management Corp. (IPM)

Intelligent Protection shares soared nearly 28% before the opening bell on Wednesday after the company entered into a strategic collaboration with Masori Therapeutics to deliver the latter’s technology to its web hosting customers.

IPM stock is down 11% year-to-date.

Binah Capital Group Inc. (BCG)

Binah Capital shares soared more than 55% in Wednesday’s pre-market trade after the company announced its fourth-quarter (Q4) results. Binah Capital reported a 13.2% year-on-year (YoY) increase in Q4 revenue to $50.5 million, while adjusted earnings per share (EPS) stood at $0.01, compared to a loss of $0.07 during the year-ago period.

BCG stock is down 30% year-to-date.

HUB Cyber Security (HUBC)

HUB Cyber Security shares surged more than 55% in Wednesday’s pre-market session after the company announced a leadership transition. The Tel Aviv, Israel-based company stated that Noah Hershcoviz has stepped down as the CEO, effective immediately.

HUBC stock is down 98% year-to-date.

Also See: HIMS Stock Gains As FDA Reportedly Moves Toward Lifting Restrictions On Peptides

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