US Stock Movement: Atkore surges 26% premarket after agreeing to be acquired by Prysmian in an all-cash deal
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Golden Ten Data, August 3rd｜Atkore surged 26% pre-market, trading at $92.11. On Monday, Atkore announced it has reached a definitive agreement with Prysmian, under which Prysmian will acquire Atkore for $95 per share in an all-cash transaction. Atkore stated that the deal has received unanimous approval from both companies’ boards of directors and is expected to be completed by the end of 2026.
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