By Katherine Hamilton
BGSF is selling the professional division of its business for $99 million amid an ongoing strategic review process. The staffing company's chief executive, Beth Garvey, is also stepping down. Shares jumped 64% to $6.58 in after-hours trading Monday.
Geospace Technologies inked a permanent reservoir monitoring contract with Petrobras for a seabed off the coast of Brazil. The stock climbed 10% to $7.55 in postmarket trading.
Redwire commenced an underwritten public offering of $200 million of its common stock. Shares fell 10% to $18.55 after the market closed.
Write to Katherine Hamilton at katherine.hamilton@wsj.com
(END) Dow Jones Newswires
June 16, 2025 19:36 ET (23:36 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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