BUZZ-Investment bank B. Riley rises after Q4 prelim results
Shares of investment bank B. Riley Financial RILY.O up 5.6% at $5.70 in extended trade
RILY announces prelim Q4 results, expects net profit from discontinued operations to be between $48 million and $68 million
Bank finalized the sale of a majority stake in its liquidation business, Great American, to investment firm Oaktree during Q4
RILY has been in a turmoil since August when it warned of huge losses over its investment in management-led buyout of Vitamin Shoppe-owner Franchise Group
"While we recognize we have work to do, we do believe the worst is behind us and remain confident in the future based on the underlying strength of our core businesses," co-CEO Bryant Riley says
RILY's 2024 annual report is due on March 17
As of last close, RILY stock up 17.7% YTD
Related Articles
Tesla Stock Outlook: Competing With Rivian, Robotaxi Potential, and 2026 Prospects
There is much conversation about the prospect of investing in Tesla (TSLA) as we move closer to 2026. The volatility of its share price in 2025 is leading many investors to consider if they should purchase shares of Tesla given the alternatives available in terms of electric vehicles (Rivian, etc.).
Amazon Stock Predictions for 2026 to 2030: Will They Exceed Expectations and Achieve Major Long-Term Goals?
TradingKey - As we head into 2026, many investors are questioning where Amazon (AMZN) fits into the technology world.
A Crash After a Surge: Why Silver Lost 40% in a Week?
TradingKey - Spot silver (XAGUSD) prices continue to decline. Silver plunged 20% on Thursday, breaking below $71 per ounce, with the sell-off intensifying on Friday as prices fell further below $64. Compared to the all-time high set on January 29, silver prices have retraced more than 40%, wiping out nearly all gains accumulated over the previous month.
Is Bitcoin’s Four-Year Cycle Dead in 2026?
Is the Bitcoin 4-year cycle dead? After 2025 broke historical records with a red post-halving year, institutional analysts explore if the Bitcoin price has decoupled from the halving countdown. Analyze the impact of spot ETFs, global liquidity, and the roadmap to the 2028 halving in this 2026 market
