What's Going On With Sigma Additive Solutions Stock?

Zinger Key Points
  • Sigma Additive Solutions announces that its acquisition of NextTrip closed on Dec. 29.
  • Bill Kerby, CEO of NextTrip, was appointed as the new CEO of Sigma.

Sigma Additive Solutions, Inc. SASI shares are soaring higher Wednesday. The company announced the closing of the acquisition of NextTrip Holdings and a new chief executive officer. The stock was among this mornings largest movers

What To Know:

Sigma Additive Solutions announced that its acquisition of NextTrip closed on Dec. 29 at which time NextTrip became a wholly owned subsidiary of Sigma. Additionally, Jacob Brunsberg, former president and CEO of Sigma, resigned from such roles, and Bill Kerby, CEO of NextTrip, was appointed as the new CEO of Sigma.

On Tuesday, Sigma was granted a U.S. patent for defect detection for additive manufacturing systems.

Related News: What's Going On With Palantir Technologies Stock?

SASI Price Action: According to Benzinga Pro, Sigma Additive Solutions shares are up 51.9% at $4.40 at the time of publication.

Image: Gerd Altmann from Pixabay

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