SWAG Overview

Market Performance: Semiconductors shares are lagging the market, down approximately 4.3% overall on Thursday.

Notable Declines: SkyWater Technology and SolarEdge Technologies are leading the decline, with drops of about 16.1% and 13.6%, respectively.

Sector Laggards: The article also mentions advertising and semiconductors as sectors underperforming on Thursday.

Author's Perspective: The views expressed in the article are those of the author and do not necessarily represent Nasdaq, Inc.

Cisco's Financial Performance: Cisco Systems, Inc. reported strong first-quarter fiscal 2026 results with revenue of $14.88 billion and adjusted earnings of $1.00 per share, leading to a 6.9% increase in share price during pre-market trading.

Notable Gainers: Several stocks saw significant pre-market gains, including Nuvve Holding Corp (+112%), Sonder Holdings Inc (+64.2%), and Firefly Aerospace Inc (+23.8%), following positive announcements and financial results.

Significant Losers: Korro Bio, Inc. experienced a drastic drop of 79.2% after announcing workforce reductions, while Ardent Health, Inc. fell 30.5% due to disappointing earnings and lowered guidance.

Market Overview: The pre-market trading session showed a mix of gains and losses across various stocks, with notable fluctuations in share prices following recent financial disclosures and corporate announcements.

Sales Growth: Stran & Company reported a 56.7% increase in sales to $87.3 million for the nine months ending September 30, 2025, driven by higher spending from existing customers and the acquisition of Gander Group assets.

Financial Performance: The company reduced its net loss to $1.0 million from $3.6 million in the previous year, with EBITDA improving to $(0.4) million, indicating progress towards sustainable profitability.

Share Repurchase Program: Stran repurchased approximately 267,000 shares of common stock for a total of $408,000, reflecting confidence in the company's long-term outlook and maintaining a strong cash position of $11.8 million.

Recognition and Future Plans: The company was recognized as one of the "Greatest Companies to Work For" by PPAI, and plans to focus on deepening client relationships and pursuing growth through both organic means and acquisitions as it approaches 2026.