Hitek Global Rallies Before Hours as Traders Watch HKIT $8 Million Offer
Hitek Global Inc. shares jumped in premarket action Wednesday after falling on Tuesday, with HKIT showing a strong early gain after closing at $0.273, down 13.25%. The stock was quoted around $0.428 as of 5:51 a.m. EDT. Traders weren’t reacting to earnings, but are moving on the Nasdaq microcap after last week’s financing deal, two recent reverse splits and big volume.