Elmet Group shares jump after $450 million DoD investment
Shares of Elmet Group rose 34% to $21.73 in premarket following a $450 million U.S. Department of Defense investment to boost the company’s U.S. manufacturing capabilities.
S. Department of Defense intended to expand the company’s manufacturing capabilities in the country. 73 in premarket trading on Monday. As of Friday’s close, the shares were down 2…