Why Sypris shares jumped 11% on Tuesday

//Why Sypris shares jumped 11% on Tuesday

Why Sypris shares jumped 11% on Tuesday

Shares of Louisville-based Sypris Solutions Inc. were up more than 11% Tuesday afternoon on news that it has landed a contract. Around 1 p.m. Tuesday Sypris shares were trading at $1.04. Sypris Electronics LLC, a subsidiary of Sypris Solutions Inc. received a contract award from BAE Systems’ Electronic Systems sector to manufacture and test electronic power supply modules for a large mission-critical military program. Production will begin in 2020, Sypris said in a news release. Terms of the…

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By | 2020-02-18T18:27:45+00:00 February 18th, 2020|Budget and Tax|

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