Why Brooks Automation Shot Nearly 9% Higher Today

·2-min read
Why Brooks Automation Shot Nearly 9% Higher Today

Sprawling engineering company Brooks Automation (NASDAQ: BRKS) will become a little less sprawling with an upcoming asset sale. It announced its deal on Monday and was rewarded with an almost 9% improvement in its stock price from satisfied shareholders. Brooks has signed a definitive agreement to unload its legacy semiconductor solutions business, the company revealed that morning.

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting