Strength Seen in Helios Technologies (HLIO): Can Its 5.1% Jump Turn into More Strength?
HLIOHelios Technologies(HLIO) ZACKS·2024-07-11 17:55

Helios Technologies, Inc. (HLIO) shares soared 5.1% in the last trading session to close at $43.38. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 13.6% loss over the past four weeks.Helios Technologies’ growth is primarily driven by optimism about the strong momentum in its electronics business. Strength across the company’s health & wellness and off-road vehicle markets and the acquisition of i3 Product Development bode well.T ...