PowerFleet, Inc. (AIOT) experienced a significant pre-market surge of 9.72% on Monday, indicating strong investor interest ahead of the trading session.
The stock movement appears to be driven by anticipation of the company's upcoming earnings report. PowerFleet is expected to report its latest financial results before the market opens, with forecasts showing improvement to 0 cents EPS compared to a loss of 9 cents in the prior-year period.