Sarcos Tech Shares Continue to Rise After Hours Following 40% Gain Tuesday

Dow Jones03-20
 

By Stephen Nakrosis

 

Shares of Sarcos Technology & Robotics, which gained 40% in the day's regular trading session to close at $1.82, continued their positive momentum in the after-hours market.

On Monday, the company reported after the bell that it had regained compliance with the Nasdaq Stock Market's continued listing requirements, as the closing bid price of its stock finished above $1 per share for 10 consecutive business days.

After the bell Tuesday, the company's stock rose 12% to trade at $2.05 per share.

Year to date, the stock is up by better than 153%.

 

Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

 

(END) Dow Jones Newswires

March 19, 2024 17:43 ET (21:43 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment