Why did BOWX move higher pre-market on 05 Jan 2026?

BOWX rose pre-market largely on heavy volume and a technical rebound from a year low of USD 8.85. The surge to USD 10.38 came with 3,408,386 shares traded, suggesting short-covering and bargain hunting around cash-per-share support

What are the main fundamentals supporting BOWX?

Key fundamentals are strong liquidity metrics for a SPAC: cash per share USD 8.02, book value per share USD 7.74 and a current ratio of 6.12. Traditional earnings metrics are not applicable because BOWX is a shell company

How should traders manage risk in an oversold bounce trade on BOWX?

Use scaled entries between USD 9.50 and USD 10.40, set a protective stop near USD 9.00 given ATR USD 1.42, and size positions so risk per trade is limited to 1.0% to 2.0% of portfolio value

What does Meyka AI forecast for BOWX?

Meyka AI's forecast model projects a monthly price near USD 10.07 and a 12-month projection of USD 8.30 versus the current USD 10.38. These are model-based projections and not guarantees

US Stocks

BOWX rises 10.78% pre-market 05 Jan 2026: oversold bounce strengthens support

ByDanny Kontos January 5, 2026January 5, 2026

BOWX (BowX Acquisition Corp.) trades at USD 10.38 in pre-market activity on 05 Jan 2026, up 10.78% on a 24-hour basis. Volume is elevated at 3,408,386 shares versus an average 903,658, a 3.77x relative surge that supports an oversold bounce thesis. The move follows a slide to a year low of USD 8.85 and leaves the stock above its 50-day average of USD 9.99 but below the 200-day average of USD 10.98. For traders focused on short-term recoveries, BOWX stock offers a clear entry/reward setup tied to SPAC-specific catalysts and cash-per-share fundamentals