Highway Holdings (NASDAQ:HIHO) surges on profit recovery; outlook for acquisitions still uncertain
Shares of Highway Holdings Limited finished up 19.7% at $0.93 on Monday. The stock was last seen trading at $1.27 in after-hours dealings as of 18:10 EDT, following the close of the regular U.S. session. Quarterly revenue climbed 29.2%, and the company posted a return to operating profit.