DOOO - REX American Resources Reports Upbeat Earnings Joins Avalo Therapeutics RH And Other Big Stocks Moving Higher On Thursday | Benzinga
U.S. stocks were slightly higher, with the S&P 500 gaining around 0.1% on Thursday.
Shares of REX American Resources Corporation (NYSE: REX) rose sharply during Thursday’s session following upbeat quarterly earnings.
REX American Resources posted quarterly GAAP earnings of $1.16 per share, versus market estimates of 68 cents per share, according to data from Benzinga Pro.
REX American Resources shares jumped 23.2% to $54.15 on Thursday.
Here are some other big stocks recording gains in today’s session.
- Avalo Therapeutics, Inc. (NASDAQ: AVTX) shares gained 430% to $25.35 after the company announced it acquired a Phase 2-ready anti-IL-1β mAb, which it refers to as AVTX-009, through the acquisition of privately held AlmataBio. The company also announced a private placement financing of up to $185 million.
- Hut 8 ...