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CVD Equipment Corp Stock Jumps 30% Over $16.9 Mln Deal To Sell Stainless Design Concepts Business
RTTNews· 2026-03-24 14:49
Shares of CVD Equipment Corporation (CVV) are climbing about 30 percent on Tuesday morning trading after the company announced a definitive agreement to sell its Stainless Design Concepts division to Atlas Copco Group for approximately $16.9 million in cash.The company's shares are currently trading at $4.86 on the Nasdaq, up 30.60 percent. The stock opened at $4.03 and has climbed as high as $5.15 so far in today's session. Over the past year, it has traded in a range of $2.46 to $5.86. The transaction, ...