Premarket Movers: BYAH, GMM, EDHL, HSPT Swing Early

Four stocks are drawing attention in premarket trading Friday, with price swings that suggest positioning ahead of the open.

BYAH led the early action, rising 4.2% by 7:35 a.m. ET. The move came without a company-specific catalyst in the premarket news feed, which traders said pointed to short covering or algorithmic rebalancing. Volume was roughly three times the 20-day average for the same time window.

GMM slipped 2.8% in the same period. The decline followed a 6% drop Thursday, extending a week-long slide that has erased roughly half the stock's March gains. No earnings or filings hit the wire overnight, leaving the move tied to continued selling pressure from momentum-driven accounts, several traders said.

EDHL gained 3.1%, recovering a portion of Wednesday's 7% loss. The bounce was thin – about 40% of normal premarket volume – suggesting limited conviction behind the reversal.

HSPT fell 1.9%, adding to a 12% decline over the prior three sessions. The stock has not traded above its 50-day moving average since mid-February, and Friday's early action kept it below that level.

None of the four stocks had corporate announcements or analyst notes before the open. The moves reflect positioning and liquidity dynamics in a low-volume window, not fresh fundamental news. Traders watching the open will look for whether the early direction holds through the first 30 minutes of cash trading, when institutional flow typically sets the session's tone.