Strength Seen in Agiliti (AGTI): Can Its 29.1% Jump Turn into More Strength?
AGTIAgiliti(AGTI) Zacks Investment Research·2024-02-27 22:31

Agiliti (AGTI) shares soared 29.1% in the last trading session to close at $9.86. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 3.8% gain over the past four weeks.Agility scored a strong price increase, on investors’ optimism driven by the announcement that the company has entered into a merger agreement with an affiliate of its majority shareholder, Thomas H. Lee Partners, L.P. (“THL”). THL will acquire all outstanding shares ...