Cytek Biosciences shares rise 12.0% premarket after TIME's 2026 Growth Leaders recognition boosts investor sentiment.

think> Okay, let's tackle this query. The user wants me to act as a financial analyst explaining a stock's price movement based on recent news. The input is about Cytek Biosciences (CTKB) with a 12% premarket rise. First, I need to parse the stock performance: it's up 12% premarket. The recent news mentions inclusion in TIME's 2026 Growth Leaders list, which is a positive recognition. The article also talks about a 39% jump in the past month, recurring revenue momentum, and a fair value analysis suggesting it's overvalued. But there are risks like weak instrument sales and competition. Now, evaluate the relevance of the news. The main event here is the TIME recognition. The article states that this recognition is driving investor attention. The price increase over the past month and the recent premarket gain likely correlate with this news. The fair value analysis mentions the stock is overvalued, but that might be a different angle. The risks are bearish, but the question is about the cause of the upward movement, so the positive factors are more relevant here. Check if the news is bullish and aligns with the price direction. The TIME listing and recurring revenue are positive, which should lead to a price increase. The 12% premarket rise makes sense with these catalysts. The other points about overvaluation and risks are more about future challenges but aren't the immediate cause of the current movement. Now, structure the summary. Start with the stock movement, mention the premarket session, then the key news. Focus on the TIME recognition and recurring revenue momentum. Avoid mentioning the overvaluation part since it's a separate analysis. Also, the article mentions a 39% gain over the past month, but the user's example only used the specific announcement, so stick to the most direct cause. Need to ensure the summary is concise, under 150 words, and in Bloomberg style. Use the percentage rounded to two decimals, so 12.0% becomes 12.0% but the example shows 4.23% as 4.23, so maybe just 12.0% as given. Wait, the instruction says to round 12.0% to two decimals and remove trailing zeros. So 12.0% becomes 12%. Wait, the example had 4.230769% rounded to 4.23%, so maybe in this case, 12.0% would be 12.0% but if it's exactly .0, then maybe just 12%. Let me check the input. The user says "Round 12.0% to two decimal places and remove trailing zeros." So 12.0% becomes 12.0% rounded to two decimals, but trailing zeros are removed. Wait, 12.0% with two decimals would be 12.00% but removing trailing zeros would make it 12%. Hmm, maybe the example shows that 4.230769% becomes 4.23%, so in this case, 12.0% would be 12.0%. But the user's instruction is to round to two decimal places and remove trailing zeros. So if the percentage is exactly 12.0, then it would be 12.0% but since the trailing zero after decimal is present, maybe it's 12.0%. Wait, the example in the input has "大涨4.230769%" which becomes "4.23%". So in this case, the input is 12.0%, so rounded to two decimals is 12.0%, but trailing zero after decimal is kept? Wait, the example shows "4.23%" as the output. The instruction says to round to two decimals and remove trailing zeros. So for 12.0%, rounding to two decimals is 12.00%, but removing trailing zeros would make it 12%. Wait, maybe the instruction is to round to two decimal places and then remove any trailing zeros after the decimal. For example, if it's 12.0, then it becomes 12%. If it's 12.3, then 12.30% becomes 12.3%, but if the percentage is 12.00%, then it becomes 12%. So in this case, 12.0% would be 12.0% after rounding, but then remove the trailing zero, making it 12%. Therefore, the percentage should be 12%. Now, the key news is the TIME recognition and recurring revenue momentum. The summary should mention that. Also, the article mentions that the share price jumped 39% over the past month, but the user.