Gainers
Hitek Global Inc. (NASDAQ: HKIT) jumped 25.5% to $6.98 in pre-market trading after gaining 11% on Friday. Hitek Global priced its initial public offering of 3,200,000 ordinary shares at a price of $5.00 per ordinary share.
U.S. stocks traded higher toward the end of trading, with the Dow Jones jumping more than 200 points on Friday.
The Dow traded up 0.72% to 33,095.32 while the NASDAQ rose 1.09% to 12,144.31. The S&P 500, also rose, gaining, 0.79% to 4,082.66.
U.S. stocks traded higher midway through trading, with the Nasdaq Composite jumping more than 100 points on Friday.
The Dow traded up 0.69% to 33,086.43 while the NASDAQ rose 1.01% to 12,134.43. The S&P 500, also rose, gaining, 0.78% to 4,082.51.
Gainers
Ault Alliance, Inc. (NASDAQ: AULT) jumped 34.8% to $0.1265 in pre-market trading. Ault Alliance plans share buyback of up to 333.33 million shares of common stock at $0.15 per share through exchange offer for new class of preferred stock.
Financial Results
Revenues for the year ended December 31, 2022 were $19.4 million compared to $16.0 million for the comparable period in the prior year for an increase of