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Resources Connection Shares Soar, Pre-Market Gainers and Losers Resources Connection Shares Soar; Pre-Market Gainers and Losers

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Shares of Resources Connection, Inc. RGP saw a sharp rise in pre-market trading following better-than-expected results for its second quarter.

Resources Connection posted quarterly adjusted earnings of 28 cents per share, exceeding market estimates of 18 cents per share. The company’s quarterly sales came in at $163.1 million versus expectations of $161.936 million.

The surge saw Resources Connection shares climb 6.5% to $14.58 in pre-market trading.

Here is a list of other stocks making moves in pre-market trading.

Winners

  • Jeffs’ Brands LtdJFBR gained 60.6% to $5.06 in pre-market trading following a 25% surge on Wednesday. Last month, Jeffs’ Brands 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. KTRA rose 41% to $0.1984 in pre-market trading after a decline of over 11% on Wednesday. Last month, Kintara Therapeutics announced a review of strategic alternatives focused on maximizing stockholder value.
  • The Arena Group Holdings, Inc. AREN saw its shares rise 26.8% to $2.65 in pre-market trading after a drop of over 9% on Wednesday. In the previous month, the Arena Group Board terminated the employment of CEO Ross Levinsohn.
  • 180 Life Sciences Corp. ATNF saw its shares gain 24.4% to $0.2550 in pre-market trading. Last month, 180 Life Sciences engaged a financial advisor to explore strategic alternatives.
  • Advent Technologies Holdings, Inc. ADN saw its shares climb 10.2% to $0.2259 in pre-market trading after a decline of over 6% on Wednesday. Advent Technologies recently announced a $2 million registered direct offering of common stock.
  • BRF S.A. BRFS saw its shares rise 9.8% to $2.80 in pre-market trading. JP Morgan analyst Lucas Ferreira downgraded BRF from Overweight to Neutral in the previous month.
  • Affimed N.V. AFMD saw its shares gain 9.3% to $0.6426 in pre-market trading after a decline of 6% on Wednesday. Affimed announced the sale of its wholly-owned subsidiary AbCheck for $6 million.
  • SCYNEXIS, Inc. SCYX saw its shares rise 8.7% to $2.13 in pre-market trading after a fall of 11% on Wednesday.
  • Brooge Energy Limited BROG saw its shares gain 8.4% to $4.01 in pre-market trading after a decline of 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.

Losers

  • SELLAS Life Sciences Group, Inc. SLS saw its shares fall 26.3% to $0.6674 in pre-market trading after announcing a proposed public offering.
  • Hallmark Financial Services, Inc. HALL saw its shares fall 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. FWBI saw its shares fall 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. ABVC saw its shares fall 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 EJH saw its shares fall 14.8% to $1.26 in pre-market trading after dipping 61% on Wednesday.
  • MMTec, Inc. MTC saw its shares fall 13.8% to $1.56 in pre-market trading after surging over 86% on Wednesday.
  • Evotec SE EVO saw its shares fall 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. ROI saw its shares fall 10.4% to $0.2631 in pre-market trading after dipping around 35% on Wednesday.
  • NexImmune, Inc. NEXI saw its shares fall 8.9% to $5.65 in pre-market trading after jumping around 153% on Wednesday.
  • Cal-Maine Foods, Inc. CALM saw its shares fall 5.3% to $51.94 in pre-market trading after the company reported downbeat results for its second quarter.

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