Rafael Holdings Soars 14.69% on Subscription Rights, Acquisition

On May 6, 2025, Rafael Holdings saw a significant rise of 14.69% in pre-market trading, indicating strong investor interest and potential market momentum.

Rafael Holdings recently announced revised subscription rights, which could be a key factor driving the stock's recent surge. This move is part of the company's strategic efforts to enhance shareholder value and optimize its capital structure.

Additionally, Rafael Holdings completed the acquisition of the remaining 33.3% stake in Cyclo Therapeutics, Inc. This acquisition is expected to bolster Rafael Holdings' portfolio and potentially open new revenue streams, further contributing to the positive market sentiment.