Babcock & Wilcox Enterprises is trading at $9.98 (+5.39%) in pre-market as shares continue to rebound from recent volatility.
- The move follows a 19.27% surge on July 30, as the stock recovers from a sell-off tied to short-seller allegations and a securities fraud lawsuit involving the company’s $2.4 billion Base Electron project.
- A firmer broader market, with major indices and futures trading higher, is providing additional support for small-cap rebound trading.