Emcore shares surge on acquisition of Velocity One: Investors cheer buyout deal
Shares of Emcore Corporation (NASDAQ: EMKR) surged sharply on the news of its acquisition of Velocity One, a strategic move aimed at enhancing its product portfolio and market position. Investors were quick to react positively to the buyout announcement, driving up Emcore’s share price by over 15% in the last trading session. The acquisition signals […]