Stocks

Granite Point Mortgage Trust Inc. Experiences Pre-Market Uptick Following Dividend Announcement; Spotlight on Multiple Stocks

Published September 24, 2024

In today's pre-market trading, shares of Granite Point Mortgage Trust Inc. GPMT saw a sharp increase following the company's announcement of third-quarter common and preferred stock dividends post-Friday's market close. Granite Point Mortgage Trust disclosed a quarterly cash dividend of $0.05 per share, capturing investors' attention and contributing to the stock's upward movement. The pre-market also witnessed activity in several other stocks, some of which are mentioned below.

Stock Movements in the Spotlight

With the markets always in flux, several companies aside from Granite Point Mortgage Trust are worth watching due to recent developments or anticipated announcements. Among them are Chijet Motor Company, Inc. CJET, which is involved in new energy vehicles, Maxeon Solar Technologies, Ltd. MAXN, a solar panel solutions provider, and Jin Medical International Ltd. ZJYL, a manufacturer of wheelchairs and living aids.

Similarly, Stem, Inc. STEM, an energy technology firm in the U.S., AC Immune SA ACIU, specializing in neurodegenerative disease treatments, and SolarMax Technology, Inc. SMXT, an integrated solar energy company, are among the stocks that have been subject to investor scrutiny. These companies, due to their diverse geographic locations and industries, provide opportunities for investors seeking various market exposures.

Moreover, PainReform Ltd. PRFX, an Israel-based pharmaceutical company focused on post-surgical pain relief, Gogoro Inc. GGR, involved in electric scooters, and NUVVE Corporation NVVE, a V2G technology developer, are other notable stocks that have shown pre-market activity and may hold investor interest as trading progresses.

Lastly, James Hardie Industries plc JHX, known for its construction materials and building products, along with other firms, will be on the radar of many as the market opens and investors look to capitalize on potential dividends, earnings reports, or technological breakthroughs.

GranitePoint, PreMarket, Dividends