Pyxis Tankers Q2 Beat Triggers Pre-Market Rally for PXS
Pyxis Tankers reported Q2 earnings of $0.27 per share on $12.134 million in revenue, beating estimates of $0.20 and $11.38 million. The stock jumped about 11% in pre-market trading to $5.97 as investors priced in the stronger quarter and potential improvement in tanker rates. If freight conditions remain favorable, PXS could extend its near-term upside beyond the current pre-market move.
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