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.
Shares of The Elmet Group rose after a $450 million investment from the U.S. Department of Defense intended to expand the company’s manufacturing capabilities in the country. The stock was up 34% at $21.73 in premarket trading on Monday. As of Friday’s close, the shares were down 2…