REX American Resources Corp. (REX)
REX American Resources Corp. is a diversified holding company that primarily focuses on the production and sale of ethanol and related products. Founded in 2006 and headquartered in West Chester, Ohio, the company owns and operates ethanol manufacturing facilities, utilizing corn as its primary feedstock. REX also invests in other agricultural and energy-related businesses, aiming to capitalize on the renewable fuels market.
Company News
REX American Resources reported lower profitability in Q2 2025 due to decreased dried distiller grains pricing and higher shipping costs, despite volume growth in ethanol and co-product markets. The company remains optimistic about future performance, supported by favorable corn supply trends, rising ethanol exports, and recent legislative tax cr...
REX (REX) delivered earnings and revenue surprises of 87.10% and 15.17%, respectively, for the quarter ended April 2024. Do the numbers hold clues to what lies ahead for the stock?
Shares of Kodiak Sciences Inc. (NASDAQ: KOD) fell sharply during Thursday’s session after the company reported a wider-than-expected fourth-quarter loss. Kodiak Sciences posted a quarterly loss of $1.13 per share, compared to market expectations for a loss of 77 cents per share. Kodiak Sciences shares dipped 19.9% to $5.97 on Thursday. Here a...