Dolphin shares surge 15.75% premarket as coalition led by dolphin experts and Clay County couple bids for Marineland.

Dolphin surged 15.75% in premarket trading following news that a coalition led by dolphin experts and backed by a Clay County couple submitted a $6.5 million qualified bid for Marineland Dolphin Adventure, a property owned by The Dolphin Company. The group’s revised offer, which includes plans to keep the attraction operational and provide $1.5 million in start-up capital, prompted the bankruptcy court to reopen the auction process, creating uncertainty around the prior $7.1 million bid from Delightful Developments LLC. The renewed competition and potential for a higher valuation likely fueled investor optimism, driving the sharp premarket increase. Other news events, including updates on a wild dolphin in Venice and unrelated sports injuries, were deemed irrelevant to the stock’s movement.