Stran & Co. shares surge 10.09% premarket after securing multimillion-dollar contract extension with a nonprofit running organization.

Stran & Co. surged 10.09% in premarket trading following two key developments. First, the Zacks Analyst Blog highlighted the company’s recent acquisition, which enhanced growth prospects through new vertical exposure and cross-selling potential, alongside outperforming the advertising and marketing industry by 100% year-to-date. Second, the company announced a three-year, multimillion-dollar contract extension with a premier nonprofit running organization, directly cited in news reports as a catalyst for the stock’s premarket rise. These events, emphasizing strategic expansion and new business wins, aligned with the upward price movement, reflecting renewed investor confidence in Stran’s growth trajectory.