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U.S. equities edged lower in Friday’s pre-market trade as investors exercised caution amid lingering tensions due to a fragile ceasefire between the United States and Iran.
President Donald Trump criticized Iran late night on Thursday for reportedly collecting toll from tankers trying to pass through the Strait of Hormuz, while adding that the country is doing a “very poor job” of allowing the flow of vessels through the waterway.
“There are reports that Iran is charging fees to tankers going through the Hormuz Strait — They better not be and, if they are, they better stop now!” President Trump said in a post on Truth Social.

At the time of writing, the SPDR S&P 500 ETF (SPY), which tracks the S&P 500 index, was down 0.01%; the Invesco QQQ Trust ETF (QQQ) fell 0.02%; and the SPDR Dow Jones Industrial Average ETF Trust (DIA) declined 0.04%. Retail sentiment on Stocktwits regarding the S&P 500 ETF was in the ‘extremely bearish’ territory.
iSpecimen shares soared more than 69% in Friday’s pre-market session after the company announced a streamlined shipping model that reduces the transit times for biospecimen shipments by up to 85%.
ISPC stock is down 50% year-to-date.
Wellgistics Health Inc. (WGRX)
Wellgistics shares soared nearly 45% pre-market on Friday after the company announced that it had terminated a share settlement agreement with Silverback Capital. Prior to the termination, Wellgistics had issued 6.8 million shares to Silverback.
WGRX stock is down 74% year-to-date.
Erayak Power Solution Group Inc. (RAYA)
Erayak Power shares surged 34% pre-market after the company raised $400,000 from the sale of shares of its common stock to investors.
RAYA stock is down 88% year-to-date.
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