Core Insights - Premarket trading is showing notable activity with significant price movements indicating potential trading opportunities before the market opens [1] Premarket Gainers - 89bio, Inc. (ETNB) increased by 83% to $14.84 [3] - Aptevo Therapeutics Inc. (APVO) rose by 75% to $2.47 [3] - Psyence Biomedical Ltd. (PBM) saw a 29% increase to $4.82 [3] - Beam Global (BEEM) gained 27% reaching $3.23 [3] - MicroAlgo Inc. (MLGO) was up 14% at $13.06 [3] - Akero Therapeutics, Inc. (AKRO) increased by 12% to $47.50 [3] - Hyperion DeFi, Inc. (HYPD) rose by 11% to $13.69 [3] - Sonnet BioTherapeutics Holdings, Inc. (SONN) increased by 11% to $7.85 [3] - FuelCell Energy, Inc. (FCEL) was up 9% at $8.34 [3] - Robo.ai Inc. (AIIO) gained 6% to $2.05 [3] Premarket Losers - Presidio Property Trust, Inc. (SQFT) decreased by 14% to $7.58 [4] - Aeluma, Inc. (ALMU) fell by 10% to $15.18 [4] - FGI Industries Ltd. (FGI) dropped 10% to $7.65 [4] - Lazydays Holdings, Inc. (GORV) was down 9% at $2.26 [4] - StableX Technologies, Inc. (SBLX) decreased by 8% to $5.40 [4] - Artelo Biosciences, Inc. (ARTL) fell by 8% to $4.48 [4] - SciSparc Ltd. (SPRC) decreased by 8% to $4.10 [4] - Cracker Barrel Old Country Store, Inc. (CBRL) was down 7% at $45.75 [4] - Columbus Circle Capital Corp I (BRR) fell by 7% to $9.42 [4] - Visionary Holdings Inc. (GV) decreased by 7% to $2.58 [4]

At 7:55 a.m. ET on Wednesday, premarket trading is seeing notable activity in several stocks, with early price movements signaling potential opportunities before the opening bell.For active traders, premarket trading offers a head start in spotting potential breakouts, reversals, or sharp price swings. These early moves often indicate where momentum may carry into the regular session, making premarket analysis a key part of the trading day.In the Green - Premarket GainersThe following stocks are trading hi ...

Group 1 - New Fortress Energy Inc. shares rose 41% to $2.82 in pre-market trading after announcing a long-term gas supply agreement with the Puerto Rican government [1] - The agreement involves the long-term supply of liquefied natural gas to Puerto Rico, reached with the Third-Party Procurement Office and the Puerto Rico Public-Private Partnerships Authority [1] Group 2 - SciSparc Ltd. shares gained 186.2% to $5.27 following a court-granted stay in merger proceedings with AutoMax Motors Ltd. [5] - Educational Development Corporation shares increased by 47.8% to $2.02 after gaining 8% on the previous day [5] - Presidio Property Trust, Inc. shares rose 47.5% to $9.00 after an 8% gain on Tuesday [5] - Oruka Therapeutics, Inc. shares gained 18.6% to $17.68 after disclosing positive interim Phase 1 results and announcing a $180 million private placement [5] - Baidu Inc. shares rose 8.5% to $134.31 after an 8% increase on Tuesday [5] Group 3 - Kindly MD, Inc. shares fell 6.7% to $1.60 as the company will redeem $203 million convertible debenture with a 1.5% payment premium [5] - Co-Diagnostics, Inc. shares dipped 29.2% to $0.4501 after an 80% jump on Tuesday due to a memorandum of understanding with a partner in Saudi Arabia [5] - FGI Industries Ltd. shares declined 25.7% to $7.05 after a 139% increase on Tuesday [5] - Turbo Energy, S.A. shares fell 24.1% to $9.41 after surging 359% on Tuesday due to a $53 million contract for energy storage projects in Spain [5]

REIT Performance Overview - In June, REITs achieved an average total return of +2.56%, but underperformed compared to broader market indices such as NASDAQ (+6.6%), S&P 500 (+5.1%), and Dow Jones (+4.5%) [1] - The Vanguard Real Estate ETF (VNQ) underperformed the average REIT in June (+0.69% vs. +2.56%) but has outperformed year-to-date (+2.01% vs. -5.65%) [1] - The spread between 2025 FFO multiples of large cap REITs (17.6x) and small cap REITs (13.3x) narrowed, with large caps contracting by 0.2 turns and small caps expanding by 0.4 turns [1] Property Type Performance - 72.22% of REIT property types averaged positive returns in June, with an 11.07% total return spread between the best (Office +7.60%) and worst (Self-Storage -3.47%) performing property types [5][6] - Over the first half of 2025, large cap REITs outperformed small caps by 581 basis points, while micro cap REITs (+7.19%) outperformed larger peers in June [3] Year-to-Date Performance - The average year-to-date total return for REITs in 2025 is -5.65%, which is worse than the -3.86% return for the REIT sector in the first half of 2024 [12] - Health Care (+8.98%) and Casinos (+7.35%) were the top performers over the first half of the year, while Hotel (-15.35%), Office (-15.27%), and Shopping Center REITs (-13.66%) struggled with double-digit declines [7][10] Price/FFO Metrics - The average P/FFO for the REIT sector increased from 13.6x to 13.7x in June, with 50% of property types experiencing multiple expansion [8] - Data Centers (27.6x), Land (24x), and Multifamily (23x) currently trade at the highest average multiples among REIT property types, while Hotels (6.3x), Offices (8.9x), and Malls (9.1x) have single-digit FFO multiples [8][9] Individual Securities Performance - Wheeler REIT (WHLR) led the sector in June with a return of +52.26%, but has the worst total return in the first half of 2025 at -98.72% [10] - Presidio Property Trust (SQFT) closed the first half of the year with a -34.62% year-to-date total return, having regained compliance with NASDAQ's minimum bid price requirement through a reverse stock split [11] Dividend Yield Insights - High dividend yields are a significant attraction for investors in the REIT sector, with many REITs trading below their NAV, resulting in attractive yields [15]

Group 1 - U.S. stock futures are higher, with Nasdaq futures gaining approximately 100 points [1] - Simulations Plus, Inc. reported quarterly earnings of 45 cents per share, exceeding the analyst consensus estimate of 7 cents per share [2] - Simulations Plus reported quarterly sales of $20.363 million, which fell short of the analyst consensus estimate of $20.878 million [2] - Keybanc analyst downgraded Simulations Plus from Overweight to Sector Weight, leading to a 6.3% dip in shares to $16.37 in pre-market trading [2] Group 2 - Presidio Property Trust, Inc. shares fell 29.9% to $9.55 after a significant 166% increase on Monday, following a $2.05 million registered direct offering [4] - MiNK Therapeutics, Inc. shares declined 27.5% to $29.45 after a 37% drop on Monday, with an analyst downgrade from Outperform to Market Perform [4] - Organogenesis Holdings Inc. shares dropped 26.7% to $3.29 after gaining over 4% on Monday [4] - MiMedx Group, Inc. shares fell 20.7% to $5.38 in pre-market trading [4] - Sequans Communications S.A. shares declined 10.8% to $5.01 after a 20% increase on Monday due to Bitcoin acquisition news [4] - Iovance Biotherapeutics, Inc. shares decreased 5.5% to $1.8990 in pre-market trading [4] - FB Financial Corporation shares fell 5.4% to $46.50 following disappointing quarterly sales [4] - ProKidney Corp. shares dropped 4.6% to $3.52 after filing for a common stock offering of up to $200 million [4] - Blue Gold Limited shares declined 4.5% to $26.60 after a 30% surge on Monday [4]

Core Insights - Presidio Property Trust reported a net loss of approximately $27.9 million for the year ended December 31, 2024, compared to a net gain of approximately $8.0 million for 2023, reflecting a significant decline in profitability [4][29] - Total revenue increased by approximately $1.3 million or 7.3%, reaching approximately $18.9 million in 2024, driven by strong rent collections and new commercial leases [4][29] - The company successfully renewed 83% of expiring leases during the fourth quarter of 2024, indicating a positive leasing outlook for 2025 [2] Financial Performance - The company recorded general and administrative expenses of approximately $7.5 million for 2024, an increase of approximately $0.7 million or 10.8% compared to 2023 [4] - Funds from Operations (FFO) improved by approximately $2.8 million, moving from $(6.2 million) in 2023 to approximately $(3.4 million) in 2024 [6] - Core FFO also showed improvement, increasing by about $3.2 million from approximately $(5.2 million) in 2023 to approximately $(2.0 million) in 2024 [7] Asset Management - The company acquired 19 model home properties for $9.7 million in 2024, financed through cash payments of $3.0 million and mortgage notes of $6.7 million [8] - Presidio sold 51 model homes for approximately $24.8 million in 2024, recognizing a gain of approximately $3.4 million [10][29] - As of December 31, 2024, the company had approximately $12.3 million in net real estate assets, a decrease from approximately $144.2 million in 2023 [4] Impairments and Charges - A non-cash impairment charge of approximately $2.0 million was recognized in 2024, primarily related to goodwill and real estate assets [4][5] - The impairment on commercial properties was attributed to a loan maturity and inability to reach an agreement with lenders, leading to a decision to impair the property’s book value [4][5] Dividends - No distributions were declared for Series A Common Stock in 2024, while Series D Preferred Stock maintained a consistent distribution of $0.19531 per month [18][19]