Cheer Holding, Inc. shares fall 3.45% premarket as global markets react to corporate earnings and trade tensions.

Cheer Holding, Inc. fell 3.45% in premarket trading. The decline in stock price may be attributed to the broader market sentiment, as London's main stock indexes were mixed on Wednesday, with the FTSE 100 falling 0.2% and the FTSE 250 index up 0.2%. The automotive and parts stocks led the decline, down 2.1%, as Aston Martin lost 3.7% after issuing a profit warning due to U.S. import tariffs and weak Chinese demand.