CMTL - Why Comtech Telecommunications (CMTL) Shares Are Skyrocketing | Benzinga
Comtech Telecommunications Corp (NASDAQ:CMTL) shares are trading higher by 19.6% to $8.05 Monday afternoon after the company announced a $45 million strategic investment and the exchange of convertible preferred stock.
What Happened?
Comtech Telecommunications secured a $45 million investment from existing shareholders ...
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