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Why R. R. Donnelley (RRD) Stock Trading Higher In Pre-Market Trades? Here Is The Reason

INDP Stock

INDP Stock

R.R. Donnelley & Sons Company (RRD) stock has been surging 37.92% pre-market to $3.31 as of 08:18 a.m. EST, following the release of the report for Q4 and full-year 2020 results.

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In the last session, the stock faced a fall of -12.09% to close the trading at $2.40. Looking at stock’s recent trend shows that within the last five business days and within the last thirty business days, shares of the firm have fallen -7.34 percent and -4.00 percent respectively.

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What happened?

RRD delivers digital business communications solutions and multi-channel marketing services around the world. A comprehensive offering of solutions designed by RRD provides solutions that optimize customer engagement and streamline business operations across the complete customer journey. Additionally, RRD provides an extensive portfolio of services, expertise, and scale which enable organizations to design, manage, deliver, and optimize their business communications and marketing strategies.

What happened?

RRD came beating the income and revenue estimates for the Q4 2020 announced after ring of the bell yesterday, which has been causing the company’s stock rising in pre-market trades today. Brief highlights of the results are as follows:

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