Shares of Richardson Electronics, Ltd. (NASDAQ:RELL) rose sharply in pre-market trading after the company reported better-than-expected first-quarter financial results.
Richardson Electronics reported quarterly earnings of 13 cents per share which beat the analyst consensus estimate of 1 cent per share. The company reported quarterly sales of $54.607 million which beat the analyst consensus estimate of $51.510 million.
Richardson Electronics shares jumped 20.2% to $12.76 in the pre-market trading session.
Here are some other stocks moving in pre-market trading.
Gainers Turn Therapeutics Inc. (NASDAQ:TTRX) gained 226.3% to $22.84 in pre-market trading. The clinical-stage biotechnology company commenced trading on the Nasdaq Capital Market on Wednesday. Baosheng Media Group Holdings Limited (NASDAQ:BAOS) surged 107.7% to $6.88 in pre-market trading. Alaunos Therapeutics, Inc. (NASDAQ:TCRT) rose 61.5% to $5.99 in pre-market trading after surging 23% on Wednesday. Ambow Education Holding Ltd. (NYSE:AMBO) surged 53.2% to $5.22 in pre-market trading. AiRWA Inc. (NASDAQ:YYAI) gained 45.7% to $0.2809 in pre-market trading after announcing plans for a corporate overhaul and new blockchain investments. Telomir Pharmaceuticals, Inc. (NASDAQ:TELO) gained 29.7% to $2.14 in pre-market trading after the company announced new findings for Telomir-1. Diginex Ltd (NASDAQ:DGNX) rose 23.8% to $38.39 in pre-market trading after jumping 28% on Wednesday. GoldMining Inc. (NYSE:GLDG) jumped 11.6% to $1.83 in pre-market trading after jumping 15% on Wednesday. Wolfspeed, Inc. (NYSE:WOLF) gained 9.2% to $33.25 in pre-market trading after jumping around 14% on Wednesday. Losers Vantage Corp (NYSE:VNTG) shares dipped 59.6% to $2.63 in pre-market trading after dipping 16% on Wednesday. Universe Pharmaceuticals INC (NASDAQ:UPC) fell 39.2% to $5.75 in pre-market trading after surging 83% on Wednesday. AlphaTON Capital Corp. (NASDAQ:ATON) fell 25.5% to $8.10 in pre-market trading. AlphaTON Capital shares jumped 96% on Wednesday after the company announced a LOI to evaluate tokenization of single-indication economics for TT-4 in mesothelioma. Nexalin Technology, Inc. (NASDAQ:NXL) fell 21.5% to $1.46 in pre-market trading. Nexalin Technology shares jumped 98% on Wednesday after the company announced additional results in alzheimer’s disease with the Gen-2 SYNC neurostimulation device. Zhongchao Inc. (NASDAQ:ZCMD) dipped 21.8% to $0.9104 in pre-market trading after falling 5% on Wednesday. Xenetic Biosciences, Inc. (NASDAQ:XBIO) dipped 20.8% to $8.20 in pre-market trading after gaining 141% on Wednesday. GT Biopharma, Inc. (NASDAQ:GTBP) fell 16.6% to $0.9000. GT Biopharma shares jumped 44% on Wednesday after the company announced that enrollment in the dose escalation cohorts of the Phase 1 trial, evaluating GTB-3650 for the treatment of relapsed or refractory CD33 expressing hematologic malignancies, is on track. InnSuites Hospitality Trust (NYSE:IHT) declined 14.5% to $1.52 in pre-market trading after gaining 4% on Wednesday. Apogee Therapeutics, Inc. (NASDAQ:APGE) tumbled 9.6% to $42.70 in pre-market trading after the company announced the pricing of $300 million underwritten public offering. Plug Power Inc. (NASDAQ:PLUG) fell 7.8% to $3.37 in pre-market trading after declining more than 5% on Wednesday. The company raised $370 million from immediate exercise of 185.4 million warrants at $2 per share.
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AMBOAmbow Education Holding Ltd$5.0040.1%OverviewAPGEApogee Therapeutics Inc$42.11-10.9%ATONAlphaTON Capital Corp$8.02-26.5OSBaosheng Media Group Holdings Ltd$6.2889.7%DGNXDiginex Ltd$38.5024.2%GLDGGoldMining Inc$1.8412.2%GTBPGT Biopharma Inc$0.8808-18.4%IHTInnSuites Hospitality Trust$1.44-19.1%NXLNexalin Technology Inc$1.46-21.5%PLUGPlug Power Inc$3.38-7.66%RELLRichardson Electronics Ltd$12.5017.8%TCRTAlaunos Therapeutics Inc$6.5777.6%TELOTelomir Pharmaceuticals Inc$2.1731.5%TTRXTurn Therapeutics Inc.$21.04200.6%UPCUniverse Pharmaceuticals Inc$5.66-40.2%VNTGVantage Corp$2.66-58.4%WOLFWolfspeed Inc$33.028.76%XBIOXenetic Biosciences Inc$8.15-21.3%YYAIAirwa Inc$0.283146.7%ZCMDZHONGCHAO Inc$0.9104-19.4%Market News and Data brought to you by Benzinga APIs
