This Tech Stock Ripped Following Merger Announcement
Following a trading halt pending this news, traders rushed to snatch up shares of SigmaTron International Inc. (Nasdaq:SGMA), pushing the micro cap to close the day up at $2.97/share (+130.23%).
Sigmatron International Inc is an independent provider of electronic manufacturing services (EMS). It provides printed circuit board assemblies and completely assembled electronic products. In addition, it also provides automatic and manual assembly and testing of products; material sourcing and procurement; manufacturing and test engineering support; warehousing and distribution services. The company primarily serves the industrial electronics, consumer electronics, and medical sciences industries. Geographically, it derives a majority of revenue from Mexico and also has a presence in China and Vietnam.
Copyright © 2025 AllPennyStocks.com. All rights reserved. Republication or redistribution of AllPennyStocks.com's content is expressly prohibited without the prior written consent of AllPennyStocks.com. AllPennyStocks.com shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.
View more of this article on AllPennyStocks.com.
About AllPennyStocks.com Media, Inc.:
Founded in 1999, AllPennyStocks.com is one of North America's leading platforms for micro-cap insights.
Catering to both Canadian and U.S. markets, we provide a wealth of resources and expert content designed for everyone—from beginner investors to seasoned traders.
AllPennyStocks.com is rapidly gaining recognition as a leading authority in the micro-cap space, with our insightful content prominently featured across numerous top-tier financial platforms, reaching a broad audience of investors and industry professionals.
Want to showcase your company's story to a powerful network of investors? We can help you elevate your message and make a lasting impact. Contact us today.
Contact:
AllPennyStocks.com Media, Inc.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Globe and Mail
an hour ago
- Globe and Mail
5-star resort Rosewood Mandarina blends luxury and innovation with SONIFI technology
, July 15, 2025 /CNW/ -- With the opening of the new luxury resort Rosewood Mandarina, guests get five-star accommodations that include best-in-class guest engagement technology from SONIFI. SONIFI's in-room technology is customized to match the thoughtfulness of all touchpoints throughout Rosewood Mandarina Located on the west coast of Mexico in the Riviera Nayarit, Rosewood Mandarina is nestled in a unique landscape of lush mountains, sprawling flatlands and pristine beachfronts. It's the fourth property in Mexico for Rosewood Hotels & Resorts that opened this spring as a sanctuary where nature, culture and adventure converge. With SONIFI's interactive TV platform in each of the 134 suites, guests can not only access thousands of streaming apps via SONIFI's patented STAYCAST solution, they also get an insider's look at everything the resort has to offer. With customized smart on-screen experiences, guests can explore activities like ziplining, surfing, golfing, horseback riding at the Mandarina Polo & Equestrian Club, and dozens of free fitness and wellness videos. They can also get a look at the curated cuisines of the resort's signature restaurants and luxury offerings of the on-site spa, and easily book reservations throughout their stay. "The Rosewood team truly understands the value of an interactive system for guests, and what it can do to elevate experiences at their properties," said Shivan Sihota , Vice President of SONIFI Mexico and International. "It's the entertainment and convenience guests look for, paired seamlessly with the branding and promotions an exquisite getaway like Rosewood Mandarina deserves. We're proud to partner with Rosewood at this property and as they expand their presence in Mexico , redefining what an extraordinary guest experience can be." About SONIFI SONIFI is the largest guest technology provider in hospitality, deployed in more than a million rooms across 5,000 properties around the world. Global brands, ownership and management groups, and hotels of all chain scales trust SONIFI to deliver the best experiences with Wi-Fi, interactive TV, streaming, in-room entertainment and telephony services. Learn more about SONIFI Mexico at
National Post
an hour ago
- National Post
Tetra Tech Awarded $94 Million Emergency Preparedness and Response Services Contract
Article content PASADENA, Calif. — Tetra Tech, Inc. (NASDAQ: TTEK), a leading provider of high-end consulting and engineering services in water, environment, and sustainable infrastructure, announced today that the U.S Environmental Protection Agency (EPA) has awarded the Company a $94 million, single-award contract to provide technical services in EPA Region 7 to support the Superfund Technical Assessment & Response Team (START). Article content Under this seven-year contract, Tetra Tech scientists, engineers, and technical specialists will support preparedness and response activities for a wide range of emergencies, including chemical and hazardous materials releases, oil spills, industrial accidents, and natural disasters. Our teams will oversee time-critical cleanup actions, perform contaminated site assessments, and conduct training and community outreach. Tetra Tech technical specialists will integrate new technologies for collecting, sharing, visualizing, and streaming real-time field data to support decision-making during emergencies. Article content 'Tetra Tech has supported EPA's START program for 30 years, providing technical services in 36 states, Puerto Rico, and the District of Columbia,' said Dan Batrack, Tetra Tech Chairman and CEO. 'We are pleased to continue using our Leading with Science ® approach to support EPA in preparing for and responding to emergencies, protecting human health and the environment, and keeping communities safe and secure.' Article content About Tetra Tech Article content Tetra Tech Article content Leading with Science ® Article content to address the entire water cycle, protect and restore the environment, and design sustainable and resilient infrastructure. For more information about Tetra Tech, please visit Article content Article content LinkedIn Article content and Article content Facebook Article content . Article content Any statements made in this release that are not based on historical fact are forward-looking statements. Any forward-looking statements made in this release represent management's best judgment as to what may occur in the future. However, Tetra Tech's actual outcome and results are not guaranteed and are subject to certain risks, uncertainties and assumptions ('Future Factors'), and may differ materially from what is expressed. For a description of Future Factors that could cause actual results to differ materially from such forward-looking statements, see the discussion under the section 'Risk Factors' included in the Company's Form 10-K and Form 10-Q filings with the Securities and Exchange Commission. Article content Article content Article content Article content Article content Article content
CTV News
3 hours ago
- CTV News
Nvidia's CEO says it has U.S. approval to sell its H20 AI computer chips in China
President and CEO of Nvidia Corporation Jensen Huang delivers a speech during the Computex 2025 exhibition in Taipei, Taiwan, Monday, May 19, 2025. (AP Photo/Chiang Ying-ying, File) BANGKOK — BANGKOK (AP) — Nvidia's CEO Jensen Huang says the technology giant has won approval from the Trump administration to sell its advanced H20 computer chips used to develop artificial intelligence to China. The news came in a company blog post late Monday and Huang also spoke about the coup on China's state-run CGTN television network in remarks shown on X. 'The U.S. government has assured Nvidia that licenses will be granted, and Nvidia hopes to start deliveries soon,' the post said. 'Today, I'm announcing that the U.S. government has approved for us filing licenses to start shipping H20s,' Huang told reporters in Beijing. He noted that half of the world's AI researchers are in China. 'It's so innovative and dynamic here in China that it's really important that American companies are able to compete and serve the market here in China,' he said. Huang recently met with Trump and other U.S. policymakers and this week is in Beijing to attend a supply chain conference and speak with Chinese officials. The broadcast showed Huang meeting with Ren Hongbin, the head of the China Council for Promotion of International Trade, host of the China International Supply Chain Expo, which Huang was attending. Nvidia is an exhibitor. Nvidia has profited enormously from rapid adoption of AI, becoming the first company to have its market value surpass $4 trillion last week. However, the trade rivalry between the U.S. and China has been weighing heavily on the industry. Washington has been tightening controls on exports of advanced technology to China for years, citing concerns that know-how meant for civilian use could be deployed for military purposes. The emergence of China's DeepSeek AI chatbot in January renewed concerns over how China might use the advanced chips to help develop its own AI capabilities. In January, before Trump began his second term in office, the administration of President Joe Biden launched a new framework for exporting advanced computer chips used to develop artificial intelligence, an attempt to balance national security concerns about the technology with the economic interests of producers and other countries. The White House announced in April that it would restrict sales of Nvidia's H20 chips and AMD's MI308 chips to China. Nvidia had said the tighter export controls would cost the company an extra $5.5 billion, and Huang and other technology leaders have been lobbying President Donald Trump to reverse the restrictions. They argue that such limits hinder U.S. competition in a leading edge sector in one of the world's largest markets for technology. They've also warned that U.S. export controls could end up pushing other countries toward China's AI technology. Nvidia's U.S. traded shares jumped nearly 5% before the opening bell. ___ AP researcher Yu Bing in Beijing contributed. Elaine Kurtenbach, The Associated Press
