Why do some stocks reach ATH only during pre-market hours and dips during regular trading hours?

Im still trying to figure out movement in the pre and post markets. Whats the reason or benefit for a stock to moon during pre-market then come down during regular trading hours and not get back to those pre-market highs? and what does that say about a stock gaining so much during pre-market hours and during regular trading hours? And who exactly are these market makers? Just hedge funds?



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