US stocks are powering higher at the moment, with several stocks in focus in pre-market trade on Friday.
The company reported the resignation of its chief financial officer Thomas Liguori with effect from January 26 this year, while it named Tom McGimpsey as interim CFO.
Elsewhere though, Schmitt Industries Inc (NASDAQ:SMIT) added over 5% in after hours trade after Teton Advisors reported a 17.45% stake in the company, or in other words, 697,000 shares, up from 94,500 shares previously.
Private start-up tech firm Uber is also likely to be in focus on the day after reports emerged that the US group had been valued at US$48bn, as represented by a consortium led by Japanese giant SoftBank Group Corp, which has successfully bought a stake in Uber of around 17.5%.
Last but not least, Applied DNA Sciences Inc (NASDAQ:APDN) saw shares nudge 0.59% higher after the bell, despite it reporting a fourth quarter loss of US$0.10 per share on revenues of US $1.1 million.