Small Cap Gainers: BTU, SGH, XYF
2:06 pm Wednesday, July 07th, 2021
Peabody Energy Corporation (NYSE:BTU): Sees strength, trading on heavy volume, alongside various peers in the thermal coal space; reaches 52-week highs. The stock is up 4% to $9.95. Peabody Energy, headquartered in St. Louis, Missouri, is the largest private sector coal company in the world. Its primary business consists of the mining, sale, and distribution of coal, which is purchased for use in electricity generation and steelmaking.
Smart Global Holdings Inc (NASDAQ:SGH) surged 19.36% to $56.71 after the company posted upside Q3 results; co set a quarterly revenue record and surpassed its non-GAAP gross margin and EPS guidance, supported by strong results from the recently-acquired Cree LED and from top-line growth in co’s Intelligent Platform Solutions Group, among other factors. Adj. EBITDA increased +102.3% yr/yr to $51.4 mln. Issued upside Q4 EPS and revs guidance. At record highs.
X Financial (NYSE:XYF): Continued volatility; the stock pushed back toward recent two-year highs after recording a pullback through most of last week. XYF stock moved up 14.50% to $13.30. X Financial is a leading online personal finance company in China. The Company is committed to connecting borrowers on its platform with its institutional funding partners. With its proprietary big data-driven technology, the Company has established strategic partnerships with financial institutions across multiple areas of its business operations, enabling it to facilitate loans to prime borrowers under a robust risk assessment and control system.
