Why Richardson Electronics Shares Are Trading Higher By Over 20%; Here Are 20 Stocks Moving Premarket - Apogee Therapeutics (NASDAQ:APGE), Ambow Education Holding (AMEX:AMBO)
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 ...