Rectitude Shares Jump in Pre-Market Trading as Little-Known Nasdaq Listed Stock Eyes Construction Angle
Rectitude Holdings shares rose 5.47% to $1.35 in U.S. premarket trading Wednesday after closing at $1.28 Tuesday. The Singapore-based safety-gear supplier reported a 32% increase in imports from January to April, citing higher construction demand. Nasdaq regular trading had not yet opened. The company’s market cap stands near $18.6 million.