Barnwell Industries shares rise 1.32% after-hours despite Sherwood Group's concerns over financial health.

Barnwell Industries, Inc. rose 1.32% in after-hours trading, following a letter from The Sherwood Group to shareholders expressing concerns over the company's financial health and management decisions. The letter highlighted negative cash flow for three consecutive quarters, a significant decline in cash balances, and negative working capital as of June 30, 2025. Additionally, the letter accused board members Ken Grossman and Josh Horowitz of spending nearly $2 million in six months, which may have contributed to the stock's movement.