REX American Resources (REX) reported first quarter net income of $0.43 per share Wednesday morning, up from $0.11 per share last year.
REX American Resources gapped up Wednesday and rose sharply in early trade, before settling into a range. The stock closed up by 2.75 at $24.55 and closed challenging the highs of the year, trading at a 3-month high.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.