Why RenX Enterprises (RENX) Stock Soared 70% After Hours

Bullish 61.8
RenX Enterprises Corp. (NASDAQ:RENX) shares rose 69.86% in after-hours trading on Tuesday, reaching $0.24.
According to Benzinga Pro data, the stock of the real estate development and environmental solutions company closed at $0.14, down 2.64% during the regular session.
Zimmer Equipment Secures Hauling Services Deal
RenX announced on Tuesday that its wholly owned subsidiary, Zimmer Equipment, Inc., secured a hauling services contract with a Florida waste transfer operator. Under the agreement, Zimmer will provide dedicated hauling services to transport construction and demolition materials from a high-volume transfer facility to downstream disposal and processing sites.
The contract is expected to generate recurring revenue and improve fleet utilization, according to ...Full story availab
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