U.S. Stock Night Market Movements
Rectitude fell 12.79% in the night market. Based on recent key news:
<ol>
<li>
On October 27, Rectitude Holdings Ltd. announced a cooperation agreement with Pansik Technology Pte Ltd. aimed at promoting its Super Sun energy storage system in Southeast Asia, Australia, and the Middle East. This move marks Rectitude's strategic efforts to expand its market influence. However, the market's reaction to this cooperation was below expectations, leading to a decline in stock prices.
</li>
<li>
On October 27, after the details of Rectitude Holdings Ltd.'s cooperation agreement were announced, investors expressed doubts about its future profitability, believing that significant performance improvements might not be achievable in the short term, which further pressured the stock price.
</li>
<li>
Recently, the overall demand expectations for the security equipment industry have declined, coupled with increased macroeconomic uncertainty, affecting Rectitude's stock performance. The demand expectations for the security equipment industry have decreased, and macroeconomic uncertainty has increased.
</li>
</ol>
Stocks with High Trading Volume in the Industry
Steelcase rose 3.49% in the night market. Based on recent news,
<ol>
<li>
On October 27, HNI Corporation announced it would acquire Steelcase through a cash and stock transaction. This news boosted market confidence, driving Steelcase's stock price up by 3.49%.
</li>
<li>
There have been no other significant news recently. Recent merger and acquisition activities have increased, and market sentiment is optimistic
</li>
</ol>

RECT

Rectitude fell 12.79% in the night session; Steelcase rose 3.49% in the night session, with a transaction volume of $1,618

U.S. stock night trading volatility: The cooperation agreement failed to boost the stock price, Rectitude plummeted 12.79% in after-hours trading