Gainers
CAI International, Inc. (NYSE: CAI) shares jumped 46.4% to $55.86 after the company agreed to a $1.1 billion takeover by Mitsubishi HC Capital Inc.
After pulling data from Benzinga Pro it seems like during Q4, Smith & Wesson Brands (NASDAQ:SWBI) earned $116.13 million, a 44.48% increase from the preceding quarter.
Gainers
CAI International, Inc. (NYSE: CAI) rose 45.1% to $55.35 in pre-market trading after the company agreed to a $1.1 billion takeover by Mitsubishi HC Capital Inc.
Pre-open movers
U.S. stock futures traded slightly higher in early pre-market trade after the Wall Street closed mixed in the previous session. Initial jobless claims increased to 412 thousand last week, recording the first rise in more than one month.
Shares of Smith & Wesson Brands (NASDAQ:SWBI) rose in after-market trading after the company reported Q4 results.
Quarterly Results
Earnings per share rose 200.00% over the past year to $1.71, which beat the estimate of $1.02.
Companies Reporting Before The Bell
• Commercial Metals (NYSE:CMC) is estimated to report quarterly earnings at $0.83 per share on revenue of $1.72 billion.
Today's 5 Stock Ideas
DraftKings (DKNG) - ARK Invest's Cathie Wood purchased $42 million in the stock Tuesday as shares fell 4% amid a short seller report from Hindenburg Research.
Ideanomics