Why Did RYTHM (RYM) Stock Jump Over 23% Overnight?

fidelity
2025.11.12 05:15
portai
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RYTHM Inc. (RYM) shares jumped 23.3% in after-hours trading, closing at $30, following a 21.52% drop during regular trading. The company reported Q3 revenue of $4 million, a 98% increase from the previous quarter, despite an $8.9 million operating loss. RYTHM's expansion of its THC beverage, Señorita THC Margaritas, into over 1,000 Circle K stores has fueled investor optimism. The company, formerly Agrify Corporation, aims to capitalize on the growing acceptance of THC beverages among younger consumers.