Why Brooks Automation Shot Nearly 9% Higher Today

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.