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The Markets
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Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
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Market movers: Oklo, Rumble, Ocean Power Technologies...

GameStop Corp (NYSE:GME) shares moved higher afterhours as the video game retailer posted a fourth quarter earnings beat.

For the quarter, which ended on February 1, GameStop saw its adjusted earnings per share increase to $0.30 from $0.22 in the year-ago quarter, far exceeding the $0.08 expected by analysts.

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Ocean Power Technologies Inc (NYSE-A:OPTT) announced the sale of a Wave Adaptive Modular Vessel (WAM-V) to a Latin American customer for use in the onshore mining industry.

This transaction marks a significant step in the company's expansion into new sectors, the company said on Tuesday.

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Northern Superior Resources Inc. (TSX-V:SUP, OTCQX:NSUPF) announced the release of additional positive results from its 20,000-metre expansion drilling campaign at the Philibert gold property in Quebec.

One hole returned 1.94 grams per ton (g/t) of gold over 31 metres and 1.73 g/t over 6.1 metres, both located beneath the current resource pit.

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KB Home (NYSE:KBH) shares moved lower after the US homebuilder reported an earnings miss for the first quarter and lowered its 2025 sales guidance.

For fiscal 2025, the company now expects housing revenue in the range of $6.6 billion to $7 billion, down from its previous forecast of $7 billion to $7.5 billion. This is below the Street consensus of $7.07 billion.

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Trump Media & Technology Group Corp (NASDAQ:DJT), US president Donald Trump’s social media firm, announced an agreement with cryptocurrency trading platform Crypto.com to launch exchange-traded funds (ETFs).

Shares of Trump Media jumped almost 8% to about $23 on Tuesday morning.

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Oklo (NYSE:OKLO) shares fell in early trade on Tuesday after the Santa Clara, California-based nuclear energy company reported widening losses and warned of additional losses ahead.

The company reported a year-over-year increase in losses, with a loss per share of $0.74, compared to a loss per share of $0.47 in 2023.

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Rumble ended 2024 on a strong note, posting record revenue as the video-sharing platform expanded its user base and secured a major investment to fuel its growth.

The company posted record fourth-quarter revenue of $30.2 million, a 48% increase from the previous year.

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