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Kodiak Gas (KGS) Surges 11.6%: Is This an Indication of Further Gains?
ZACKS· 2026-02-06 20:46
Kodiak Gas Services (KGS) shares soared 11.6% in the last trading session to close at $47.31. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 18% gain over the past four weeks.The surge follows Kodiak Gas’s announcement of its $690 million acquisition of Distributed Power Solutions (DPS). DPS provides highly reliable distributed power solutions across a diverse set of customers and end markets. The deal marks a strategic expansio ...