QLGN - Why Richardson Electronics Shares Are Trading Lower By 13%; Here Are 20 Stocks Moving Premarket | Benzinga
Shares of Richardson Electronics, Ltd. (NASDAQ: RELL) fell sharply in today’s pre-market trading after the company posted weaker-than-expected results for its second quarter.
Richardson Electronics posted a quarterly loss of 13 cents per share, compared to market estimates for earnings of 1 cent per share. The company’s quarterly sales came in at $44.13 million versus estimates of $52.00 million, according to data from Benzinga Pro.
Richardson Electronics shares dipped 13.2% to $10.85 in pre-market trading
Here are some other stocks moving in pre-market trading.
Gainers
- Atreca, Inc. (NASDAQ: BCEL) shares rose 53.2% to $0.1641 in pre-market trading after falling around 7% on Wednesday. Atreca, last month, announced the sale of a collection of antibody-related assets and materials to Immunome consisting of a $5.5 million upfront payment and up to $7.0 million in clinical development milestones.
- Bitcoin Depot Inc. (NASDAQ: BTM) shares jumped 31.8% to $3.48 in pre-market trading amid strength in the price of Bitcoin. U.S. regulators gave the green light to Bitcoin ETFs.
- Transphorm, Inc. (NASDAQ: TGAN) surged 30.6% to $4.95 in pre-market trading. after ...