Premarket Movers | Crypto Stocks and Chinese ADRs Drop; Revolution Medicines Plunges as Merck Ends Takeover Talks

TigerJan 26, 2026 9:35 AM

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Crypto stocks fell in premarket trading. BitMine fell 4%; IREN, Strategy, Cipher Mining, American Bitcoin, Coinbase, MARA Holdings, SharpLink Gaming, CleanSpark, and Riot Platforms fell 2%; Robinhood fell 1%.

Chinese ADRs dropped in premarket trading. Alibaba, XPeng, Pony AI, Bilibili, and Baidu fell 2%; NIO fell 1%.

Revolution Medicines shares tumbled 24.3% in premarket trading. Merck is no longer in discussions to buy cancer drug developer Revolution Medicines, the Wall Street Journal reported on Sunday.

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