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AME has been in the news 900% more than usual

May 06, 2025, 2:31 PM
4.83%
What does AME do
AMETEK, headquartered in Berwyn, Pennsylvania, employs 21,500 people and manufactures electronic instruments and electromechanical devices across various industries, including aerospace and medical sectors. Its segments include Electronic Instruments (EIG) and Electromechanical (EMG), providing advanced solutions for multiple markets.
AME has been in the news recently: AMETEK, Inc. plans to acquire FARO Technologies for $44 per share, which totals about $920 million and includes a 40% premium, with the deal expected to close in late 2025. On May 6, 2025, U.S. stocks, including the Nasdaq Composite, experienced declines amid the Federal Reserve's policy meeting.
📡️ Industrials
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