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home / articles / CMTL - Why Comtech Telecommunications (CMTL) Shares Are Skyrocketing | Benzinga


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 ...

CMTL) Shares Are Skyrocketing>Full story available on Benzinga.com

Stock Information

Company Name: Comtech Telecommunications Corp.
Stock Symbol: CMTL
Market: NASDAQ
Website: comtechtel.com

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