BUUU Stock Jumps After Holiday Reopen, But One Margin Number Still Bites
BUUU Group Limited rose on Tuesday as U.S. trading resumed after the Memorial Day break, though the close was well short of the day’s high. The Nasdaq-listed shares ended regular trading at $16.15, up 30 cents, or 1.9%, after swinging between $15.71 and $19.78 on volume of 13,238 shares. That matters now because the gain came in a strong market tape, rather than on a new operating announcement from the company. Nasdaq’s calendar showed U.S. equity markets were closed on Monday, May 25, for Memorial Day, putting Tuesday’s session in the role of the first full read after the long weekend.