Great Elm Group shares rise 20.70% intraday after reporting a profit in Q4.

Great Elm Group, Inc. rose 20.70% intraday, with the company reporting a significant turnaround in its fourth quarter earnings. The company reported a net income of USD 13.57 million compared to a net loss of USD 0.712 million a year ago, with basic earnings per share from continuing operations at USD 0.51 compared to a basic loss per share of USD 0.02 a year ago. This positive earnings report likely contributed to the stock's intraday surge.