Stock Investing

Early Morning Gains: Byrna Technologies (BYRN) On The Rise

A 2.58% increase to $13.58 in early trading today for Byrna Technologies Inc. (NASDAQ: BYRN) follows a significant 17.86% jump in the previous session, closing at $13.00. BYRN’s stock value recently spiked coincides with the release of its preliminary fiscal first-quarter results. According to preliminary data for Byrna’s fiscal first quarter ending February 29, 2024 (“Q1 2024”), the company is on track to deliver promising results. In the first quarter of 2023, the company anticipates revenues of approximately $16.7 million, a 98% increase over last year’s first quarter ($8.4 million). This growth is impressive since the first quarter is typically