Benzinga - by Avi Kapoor, Benzinga Staff Writer.
Shares of Resources Connection, Inc. (NASDAQ: RGP) rose sharply in pre-market trading following better-than-expected results for its second quarter.
Resources Connection posted quarterly adjusted earnings of 28 cents per share, beating market estimates of 18 cents per share. The company’s quarterly sales came in at $163.1 million versus expectations of $161.936 million.
Resources Connection shares jumped 6.5% to $14.58 in pre-market trading.
Here are some other stocks moving in pre-market trading.
Gainers
- Jeffs' Brands Ltd(NASDAQ: JFBR) gained 60.6% to $5.06 in pre-market trading after surging 25% on Wednesday. Jeffs' Brands, last month, signed non-binding letters of intent with Sky Growth Partners to invest in a DLP laser-based system for counter-drone solutions and laser-based wireless charging technology.
- Kintara Therapeutics, Inc. (NASDAQ: KTRA) rose 41% to $0.1984 in pre-market trading after falling over 11% on Wednesday. Kintara Therapeutics, last month, announced a review of strategic alternatives focused on maximizing stockholder value.
- The Arena Group Holdings, Inc. (NYSE: AREN) shares rose 26.8% to $2.65 in pre-market trading after falling over 9% on Wednesday. Arena Group Board, last month, terminated employment of CEO Ross Levinsohn.
- 180 Life Sciences Corp. (NASDAQ: ATNF) shares gained 24.4% to $0.2550 in pre-market trading. 180 Life Sciences, last month, engaged financial advisor to explore strategic alternatives.
- Advent Technologies Holdings, Inc. (NASDAQ: ADN) shares climbed 10.2% to $0.2259 in pre-market trading after falling over 6% on Wednesday. Advent Technologies recently announced a $2 million registered direct offering of common stock.
- BRF S.A. (NYSE: BRFS) shares rose 9.8% to $2.80 in pre-market trading. JP Morgan analyst Lucas Ferreira, last month, downgraded BRF from Overweight to Neutral.
- Affimed N.V. (NASDAQ: AFMD) shares gained 9.3% to $0.6426 in pre-market trading after declining 6% on Wednesday. Affimed announced sale of wholly-owned subsidiary AbCheck for $6 million.
- SCYNEXIS, Inc. (NASDAQ: SCYX) gained 8.7% to $2.13 in pre-market trading after falling 11% on Wednesday.
- Brooge Energy Limited (NASDAQ: BROG) gained 8.4% to $4.01 in pre-market trading after falling 8% on Wednesday. Brooge Energy recently reached a settlement with the SEC where it agreed to pay a $5 million penalty and cease any future violations.
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Losers- SELLAS Life Sciences Group, Inc. (NASDAQ: SLS) shares fell 26.3% to $0.6674 in pre-market trading after announcing a proposed public offering.
- Hallmark Financial Services, Inc. (NASDAQ: HALL) shares fell 20.5% to $0.74 in pre-market trading after declining around 25% on Wednesday. Hallmark Financial Services, on Dec. 26, announced that it intends to voluntary delist from the Nasdaq.
- First Wave BioPharma, Inc. (NASDAQ: FWBI) shares fell 15.3% to $4.62 in pre-market trading. First Wave BioPharma shares jumped 43% on Wednesday after Roth MKM maintained a Buy rating on the stock and adjusted its target from $11 to $40.
- ABVC BioPharma, Inc. (NASDAQ: ABVC) shares fell 15.1% to $1.64 in pre-market trading. ABVC BioPharma shares jumped over 60% on Wednesday after the company and its subsidiary received a milestone payment of 46 million shares from AiBtl BioPharma under a global licensing payment.
- E-Home Household Service Holdings Limited (NASDAQ: EJH) shares fell 14.8% to $1.26 in pre-market trading after dipping 61% on Wednesday.
- MMTec, Inc. (NASDAQ: MTC) shares fell 13.8% to $1.56 in pre-market trading after surging over 86% on Wednesday.
- Evotec SE (NASDAQ: EVO) shares fell 11.4% to $9.37 in pre-market trading. Evotec and Owkin announced an A.I.-powered integrated multi-target collaboration in oncology, immunology and inflammation.
- RiskOn International, Inc. (NASDAQ: ROI) shares fell 10.4% to $0.2631 in pre-market trading after dipping around 35% on Wednesday.
- NexImmune, Inc. (NASDAQ: NEXI) fell 8.9% to $5.65 in pre-market trading after jumping around 153% on Wednesday.
- Cal-Maine Foods, Inc. (NASDAQ: CALM) fell 5.3% to $51.94 in pre-market trading after the company reported downbeat results for its second quarter.
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