Why Friedman Industries Shares Are Trading Higher By Around 10%; Here Are 20 Stocks Moving Premarket

Shares of Friedman Industries Inc (NASDAQ:FRD) rose sharply in pre-market trading after the company posted a sharp increase in earnings per share in fourth-quarter results.

Friedman reported fourth-quarter net earnings of $9.2 million, or $1.30 diluted EPS, on sales of $191.8 million, up from $5.3 million, or $0.76 EPS, on $129.2 million a year prior.

Friedman shares jumped 10.1% to $29.04 in pre-market trading.

Here are some other stocks moving in pre-market trading.

Gainers

• Park Ha Biological Technology Co Ltd (NASDAQ:BYAH) gained 185.8% to $3.00 in pre-market trading after falling 15% on Thursday.
• VS Media Holdings Ltd (NASDAQ:VSME) gained 117% to $2.41 in pre-market trading after dipping 46% on Thursday.
• Aditxt Inc (NASDAQ:ADTX) jumped 58.4% to $0.021 in pre-market trading. The move came alongside a Securities and Exchange Commission filing Thursday from New York-based HRT Financial LP. According to the SEC filing, on Wednesday, the firm re-accumulated 725,330 shares at $0.019 after trimming 878,659 shares at $0.033 on Tuesday. It initially purchased 1.42 million shares at $0.049 on Monday.
• Everbright Digital Holding Ltd (NASDAQ:EDHL) gained 40.3% to $8.39 in pre-market trading after jumping more than 70% on Thursday.
• Global Mofy AI Ltd (NASDAQ:GMM) rose 37.8% to $3.97 in pre-market trading.
• Hitek Global Inc (NASDAQ:HKIT) rose 18.3% to $0.66 in pre-market trading after jumping 28% on Thursday.
• Rocket One Inc (NASDAQ:RKTO) gained 18.3% to $1.75 in pre-market trading after the New Jersey-based company announced the appointment of retired NASA astronaut Col. Robert "Shane" Kimbrough to its Space Advisory Board.
• Amtech Systems Inc (NASDAQ:ASYS) rose 15.4% to $26.08 in pre-market trading. Amtech Systems shares jumped 17% on Thursday after the company announced it will join the Russell 3000 and Russell 2000 Indexes from June 29.
• Powerlaw (NASDAQ:PWRL) gained 14.7% to $25.25 in pre-market trading. The rally came as PWRL's move is directly tied to SpaceX‘s historic Nasdaq debut on Friday. Powerlaw last week announced its SpaceX stake carried a fair value of approximately $117.0 million, roughly 19.37% of net assets, making it the fund's single largest position.

Losers

• Gelteq Ltd (NASDAQ:GELS) tumbled 36% to $0.98 in pre-market trading after jumping 197% on Thursday.
• NetClass Technology Inc (NASDAQ:NTCL) fell 26.7% to $0.29 in pre-market trading after declining over 86% on Thursday.
• Zeta Network Group (NASDAQ:ZNB) fell 26.5% to $0.89 in pre-market trading after declining 6% on Thursday.
• Smith Micro Software Inc (NASDAQ:SMSI) declined 19.7% to $3.65 in pre-market trading after surging over 26% on Thursday.
• ChowChow Cloud International HLDG Ltd (NYSE:CHOW) fell 19.4% to $0.43 in pre-market trading. ChowChow Cloud confirmed no new business developments behind recent share price activity.
• Pop Culture Group Co Ltd (NASDAQ:CPOP) declined 19.3% to $0.85 in pre-market trading after falling over 30% on Thursday. The Xiamen, China-based entertainment and marketing enterprise recently reported a 65% year-over-year revenue surge for the six months ended Dec. 31, 2025.
• Propanc Biopharma Inc (NASDAQ:PPCB) fell 17.7% to $2.00 in pre-market trading. Propanc Biopharma shares jumped 80% on Thursday after the company announced a $5 million share repurchase program.
• Elmet Group Co (NASDAQ:ELMT) fell 10.1% to $17.47 in pre-market trading after gaining 5% on Thursday.
• Alamar Biosciences Inc (NASDAQ:ALMR) fell 9.8% to $20.00 in pre-market trading after gaining 3% on Thursday.
• Adobe Inc (NASDAQ:ADBE) shares dipped 4.7% to $208.61 in pre-market trading. The company posted upbeat financial results for the second quarter and raised its guidance for the full year after the closing bell on Thursday, according to data from Benzinga Pro. Adobe announced that CFO and Executive VP Dan Durn will depart the company on June 15. Steve Day, Senior VP of Corporate Finance and CFO of Adobe’s Customer Experience Orchestration business unit, will serve as interim CFO.

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