Ducommun Receives Unsolicited Bid from Albion River, Stock Price Surges
Monday, 8 April 2024, 10:51
Ducommun's Offer from Albion River
Ducommun has recently received an unsolicited bid from Albion River at a rate of $60 per share. This unexpected offer has sparked significant interest and anticipation in the financial markets.
Market Reaction
The news of the bid resulted in a 15% surge in Ducommun's stock price during pre-market trading, showcasing the market's positive response to the development.
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