A small cap video solutions company saw its stock soar over 100% Monday on reports of a merger that could make it the latest stock with ties to Donald Trump to see a soaring valuation.
SeaChange International(NASDAQ:SEAC) stock rose by 3.67% on Tuesday after the company reported its Q2 earnings results on Monday, September 13, 2021 at 04:00 PM.
Here's what investors need to know about the announcement.
Gainers
Neonode (NASDAQ:NEON) shares increased by 10.64% to $6.86 during Monday's after-market session. The market value of their outstanding shares is at $79.0 million.
According to Benzinga Pro data, during Q1, SeaChange International (NASDAQ:SEAC) posted sales of $5.05 million. Earnings were up 14.3%, but SeaChange International still reported an overall loss of $3.81 million.