Sometimes a company just puts up numbers that make the market sit up and pay attention. That's exactly what happened with RF Industries Ltd (RFIL) this morning, as shares rocketed 21.4% to $8.76 in premarket trading after the company delivered a fourth-quarter performance that handily beat expectations.
The San Diego-based interconnect products manufacturer reported fourth-quarter net sales of $22.7 million, representing a 23% jump from $18.5 million a year earlier and a solid 15% sequential increase from the third quarter's $19.8 million. But the real story was profitability: non-GAAP net income came in at $2.1 million, or 20 cents per diluted share, compared with just $394,000, or 4 cents per share, in the same quarter last year. That's the kind of earnings acceleration that gets investors excited.
Of course, RF Industries wasn't alone in making waves before the opening bell. Here's a look at the other notable movers in premarket trading.
The Big Winners
Agape ATP Corp (ATPC) led the gainers with a massive 65.6% surge to $0.12. The company had previously issued a statement back in December 2025 addressing trading volatility, confirming that business operations were continuing as usual. Apparently, some investors are betting on that stability.
Mingteng International Corp Inc (MTEN) climbed 38% to $0.049, building on Wednesday's approximate 5% gain. The momentum appears to be building for the micro-cap stock.
BRC Group Holdings Inc (RILY) jumped 31.2% to $9.89 after reporting a year-over-year increase in its third-quarter financial results. When earnings come in stronger than expected, the market tends to reward you quickly.
High Roller Technologies Inc (ROLR) added another 30.8% to reach $24.70, extending what has been an absolutely wild run. The stock already skyrocketed approximately 437% on Wednesday after announcing it entered into a binding Letter of Intent with Crypto.com to launch an event-based prediction markets product in the United States. This is the kind of volatility that makes day traders dream and risk managers sweat.
Applied Therapeutics Inc (APLT) gained 23.1% to $0.12 in premarket action, though no specific catalyst was immediately apparent for the move.
Picocela Inc (PCLA) bounced back with an 18.2% rise to $0.26 after dropping 10% on Wednesday. Sometimes stocks just need a breather before finding support.
Axe Compute Inc (POAI) recovered 17.3% to $8.09 after Wednesday's 5% decline, suggesting buyers stepped in at lower levels.
Soho House & Co Inc (SHCO) rose 12.7% to $8.93, continuing its recent upward trajectory.
Datavault AI Inc (DVLT) gained 10.7% to $0.80 after announcing a new partnership with Fintech.TV to launch its patented AI media-rating technology. In today's market, any credible AI-related announcement tends to catch investor attention.
The Decliners
Not everyone had a good morning, of course. Inspire Veterinary Partners Inc (IVP) fell 26.7% to $0.060, giving back a chunk of Wednesday's stunning 256% surge. That earlier rally came after the company announced it filed a Certificate of Amendment to increase its authorized Class A common stock from 100 million to 700 million shares. The euphoria appears to be wearing off as investors digest what that dilution might mean.
DevvStream Corp (DEVS) dropped 14% to $1.17 after jumping 10% on Wednesday, another case of profit-taking after a strong run.
Planet Image International Ltd (YIBO) fell 14% to $0.93, reversing Wednesday's 38% gain. The volatility in these smaller names continues to be extreme.
TryHard Holdings Ltd (THH) dipped 11.8% to $28.20 despite signing a Memorandum of Cooperation for the Japanese market "Star Party." Sometimes even positive news can't overcome broader selling pressure.
Farmmi Inc (FAMI) declined 11.6% to $1.21 after jumping 6% on Wednesday, continuing its pattern of volatile swings.
VCI Global Ltd (VCIG) shares dipped 9.8% to $0.95 after surging over 36% on Wednesday. That's a classic case of what goes up quickly sometimes comes down just as fast.
Caledonia Mining Corporation PLC (CMCL) tumbled 9.9% to $29.20 after announcing the pricing of an upsized $125 million offering of 5.875% convertible senior notes due 2033. Convertible debt offerings can dilute existing shareholders, and the market appears to be pricing in that risk.
Buckle Inc (BKE) fell 7.4% to $51.30 in premarket trading, though no specific news appeared to drive the decline.
NovaBay Pharmaceuticals Inc (NBY) dropped 5.6% to $12.02, joining the ranks of morning decliners without an obvious catalyst.
Trip.com Group Ltd (TCOM) dipped another 4.1% to $60.20, extending Wednesday's brutal 17% decline. The Chinese travel giant is dealing with the fallout from China's State Administration for Market Regulation investigating the company for potential anti-monopoly violations. When regulators come knocking with antitrust concerns, investors tend to head for the exits first and ask questions later.
The premarket session continues to offer a preview of where investor sentiment is heading, with earnings beats, partnership announcements, and regulatory concerns all playing their part in driving dramatic price swings before most people have finished their morning coffee.
