Hot stocks alert: Flexsteel, Sealsq, Future FinTech Group – watch out!

TLDR:

• Flexsteel reports Q2 results and predicts sales growth for fiscal 2025
• Sealsq completes second tranche of private placement
• SEC charges Shanchun Huang with inflating Future FinTech Group’s share price

Flexsteel, a furniture manufacturer, has announced its second-quarter results and forecasts continued sales growth for fiscal 2025. As a result, shares have risen 13% in after-market trading. Sealsq, a company involved in electronic components and equipment, has disclosed the close of the second tranche of its private placement, with shares sliding 21% in post-market trading. The Securities and Exchange Commission (SEC) has charged Shanchun Huang with allegedly inflating the share price of Future FinTech Group just before he took over as chief executive, causing shares to retreat 8.5% in after-market trading.