Micware Shares Swing Pre-Market After 26% Drop on Nasdaq Debut
Micware Co. Ltd. U.S. shares surged almost 100% in early premarket action Wednesday, swinging higher after a dive Tuesday. The Japanese automotive software firm, which started trading on Nasdaq less than a week ago, closed Tuesday at $4.72, down 25.7%. Early premarket quotes showed the stock at $9.33 as of 6:08 a.m. EDT. Regular U.S. trading hadn’t started yet when the move happened. Nasdaq’s pre-market session is open from 4:00 a.m. until 9:30 a.m. ET, ahead of the regular 9:30 a.m. to 4:00 p.m. hours. Early action before the main session is usually thinner and sees more swings.