Rectitude Shares Jump in Pre-Market Trading as Little-Known Nasdaq Listed Stock Eyes Construction Angle
Rectitude Holdings Ltd stock pointed up ahead of the U.S. open Wednesday, clawing back some of Tuesday’s fall. The small Singapore safety-gear outfit, listed on Nasdaq, traded thinly in premarket. Rectitude shares gained 5.47% to $1.35 in premarket trading, according to Google Finance, compared with Tuesday’s $1.28 finish. The stock dropped 2.29% in regular trade on June 2 and was last valued at roughly $18.6 million with average volume near 45,000 shares.