Shares of Bullish BLSH experienced a significant surge in pre-market trading, climbing 12.3% to reach $60.90 following the company’s announcement of a profitable second quarter after the closing bell on Wednesday. The financial report showcased that Bullish achieved quarterly earnings of 93 cents per share, a notable turnaround from a loss of $1.03 per share a year prior. The company’s revenue for the quarter stood at $58.63 million, an increase from $49.57 million in the same period last year.
In the broader market, several other stocks also witnessed notable movements during pre-market trading. 89bio, Inc. ETNB saw its shares soar by 82.9% to $14.78 as the company entered into an acquisition agreement with Roche at a price of $14.50 per share in cash, providing a substantial premium of approximately 79% over its closing stock price from September 17.
Psyence Biomedical Ltd. PBM experienced a remarkable increase of 70.8%, reaching $6.33, while Aptevo Therapeutics Inc. APVO also enjoyed a notable rise of 58.5% to $2.24 following breakthrough clinical results that suggest its drug could redefine frontline treatment for acute myeloid leukemia (AML). AquaBounty Technologies, Inc. AQB gained 57.1% to reach $1.79 after announcing its compliance with Nasdaq listing requirements.
On the other hand, Rocky Mountain Chocolate Factory, Inc. RMCF surged by 35.4% to $2.33 after falling 6% the previous day. Datavault AI Inc. DVLT climbed 29.3% to $0.4428 despite a 23% dip on Wednesday, while Nanobiotix S.A. NBTX also saw a solid gain of 25.2%, reaching $12.78 after a 5% increase the day before. InnSuites Hospitality Trust IHT rose by 20.5% to $2.45, rebounding from a 12% downturn.
Conversely, several stocks faced declines in pre-market trading. Wheeler Real Estate Investment Trust, Inc. WHLR plummeted 23.1% to $1.60 after announcing a 1-for-5 reverse stock split, along with plans to issue 253,000 shares to unrelated holders of its securities. Office Properties Income Trust OPI saw its shares drop 18.8% to $0.46 after a 32% decline on Wednesday.
Presidio Property Trust, Inc. SQFT declined 15.1% to $7.54, reversing its 46% increase from the previous day. Educational Development Corporation EDUC fell 13.9% to $1.55, reflecting a bounce-back from a 32% rise. Curanex Pharmaceuticals Inc CURX decreased by 12.2% to $1.33 after a staggering 83% downturn the day before.
Cracker Barrel Old Country Store, Inc. CBRL fell 9.3% to $45.00 following the release of disappointing fourth-quarter earnings and a FY2026 sales forecast that fell short of analysts’ expectations. Similarly, bioAffinity Technologies, Inc. BIAF declined by 9.3% to $0.1650 after announcing a 1-for-30 reverse stock split, which had already led to a 30% drop the previous day.
Other notable declines included Red Cat Holdings, Inc. RCAT, which dipped 8.7% to $10.29 due to a proposed public offering, and Vision Marine Technologies Inc. VMAR, falling 8.1% to $1.37 after a gain of over 3% the previous day. Angel Studios, Inc. ANGX also witnessed a decline of 5.8%, settling at $8.30 after a 32% dip on Wednesday.
These fluctuations highlight the dynamic nature of the market, as companies navigate both challenges and opportunities during this fast-paced trading environment.
