Sigma Additive Solutions shares are trading higher after the company announced to acquire NextTrip for around $48 million and sell assets of quality assurance software To strategic buyer.
Portfolio Pulse from Benzinga Newsdesk
Sigma Additive Solutions is set to acquire NextTrip for approximately $48 million and plans to sell its quality assurance software assets to a strategic buyer. The company's shares are trading higher following the announcement.
September 07, 2023 | 1:30 pm
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Sigma Additive Solutions' stock is trading higher after the company announced its plans to acquire NextTrip and sell its software assets.
The acquisition of NextTrip and the sale of software assets are significant strategic moves for Sigma Additive Solutions. These actions are likely to strengthen the company's market position and financial stability, which is reflected in the increase in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100