Business
Here’s why the Electro Optic (ASX:EOS) share price jumped 19% today
The Electro Optic Systems Holdings Ltd (ASX: EOS) share price has surged nearly 19% in today’s trading session. By the market’s close, the Electro Optic share price was trading at $5.29.
Let’s take a look at what’s been happening for the defence and aerospace company.
What fuelled the Electro Optic share price today?
The Electro Optic share price has bounced strongly in today’s trading session. The company’s shares were under pressure late last week after it reported its full-year financial results for FY20.
Apart from a Change of Directors Interest notice, Electro Optic did not release any highly sensitive news today. As a result, we can only posit that investors are reinterpreting the company’s financial results…
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