Why MTS Systems Stock Soared on Wednesday
Shares of MTS Systems (NASDAQ: MTSC), a supplier of test systems, motion simulators, and sensors, skyrocketed on Wednesday. The stock had jumped more than 50% as of 10:50 a.m. EST.
The stock's gain follows news that Amphenol (NYSE: APH), a provider of high-technology interconnect, antenna, and sensor solutions, agreed to acquire MTS Systems.
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Source Fool.com
