Why Amphenol Stock Beat the Market Today
At a stroke, the company has become notably larger and more powerful in scope.The stock of electronic components specialist Amphenol (APH +3.67%) received quite a charge from investors on Monday. Juiced by the news that the company has completed its latest buyout, they sent the share price almost 4% higher that trading session, a rate that easily bettered the 0.2% gain of the bellwether S&P 500 index.A $10.5 billion developmentWell before market open that day, Amphenol announced its purchase of CommScope's ...