Stocks to Watch: Chord Energy Corporation, Bridgeline Digital, Profound Medical Corp., ReTo Eco-Solutions, AMCON Distributing Company
U.S. stock futures are trading slightly higher on Thursday morning, and investors are keeping an eye on several stocks that may grab their attention throughout the day. Here are some of the notable stocks to watch:
Chord Energy Corporation (NASDAQ: CHRD) has appointed Susan Cunningham as the Independent Chair of its Board of Directors, effective January 1, 2024. Additionally, Darrin Henke has been named as the Executive Vice President and COO, effective January 2, 2024. Chord Energy shares gained 0.4% to $171.49 in after-hours trading.
Bridgeline Digital, Inc. (NASDAQ: BLIN) posted a narrower-than-expected loss for its fourth quarter, although sales fell short of estimates. As a result, Bridgeline Digital shares dipped 13.1% to $0.7805 in the after-hours trading session.
Profound Medical Corp. (NASDAQ: PROF) priced its underwritten public offering of 2,666,667 common shares at $7.50 per share. This news led to a 1.8% gain for Profound Medical shares, which reached $8.45 in after-hours trading.
ReTo Eco-Solutions (NASDAQ: RETO) reported a loss of $8.32 per share for the six months ending June 30, 2023, compared to a loss of $1.65 per share during the same period last year. The company’s revenues also declined by 57% to $1.2 million. As a result, ReTo Eco-Solutions shares fell 4.1% to $0.3884 in after-hours trading.
AMCON Distributing Company (NYSE: DIT) declared a special cash dividend of 28 cents per common share. However, AMCON Distributing shares fell 2.4% to close at $192.79 on Wednesday.
Investors are advised to keep an eye on these stocks as they may experience significant movements throughout the day. As always, conducting thorough research and seeking professional advice is crucial when making investment decisions.
Disclaimer: The information provided here is for informational purposes only and should not be considered as financial advice.
