Top Midday Gainers

MT Newswires Live10-03

StandardAero (SARO) shares soared 33% amid heavy trading after the provider of aerospace engine aftermarket services debuted on the New York Stock Exchange on Wednesday.

More than 16.1 million shares traded intraday.

Fangdd Network (DUO) said Tuesday it struck an agreement to sell about 1.6 million class A ordinary shares at $1.55 apiece in a registered direct offering.

Shares advanced 18%, with intraday trading volume at 71.9 million versus the stock's daily average of about 11.3 million.

iCoreConnect (ICCT) said late Tuesday that it signed an agreement to divest its managed service provider division to The 20, through an asset sale.

The company expects the move will generate capital that will reduce debt and allow reinvesting in core areas. It also expects the decision to result in an improvement in its profit margins.

Shares surged 57% as intraday trading volume soared to over 87.8 million from a daily average of about 124,000.

Price: 31.83, Change: +7.83, Percent Change: +32.63

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