IN

Innovate

VATE
NYSEIndustrials
$11.99
USD
+0.47(+4.08%)
At close: Apr 30, 20:00 UTC
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Open

$11.94

Prev. Close

$11.94

High

$11.99

Low

$11.94

Market Snapshot

Market Cap

$157.31M

P/E Ratio

-2.5

EPS

-3.67

Revenue

$1.11B

Why VATE moved

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About

INNOVATE Corp. is a diversified holding company, which engages in the acquisition and investment of assets. The company is headquartered in New York City, New York and currently employs 3,135 full-time employees. The company went IPO on 2011-06-23. The firm has a portfolio of subsidiaries in a variety of operating segments. Its segments include Infrastructure (DBMG), Life Sciences (Pansend), and Spectrum. The DBMG segment consists of DBM Global Inc., which is a fully integrated construction company offering both construction and professional services primarily through its core subsidiaries. The company provides services, including design-assist, modularization, fabrication and erection of structural steel, heavy steel plate, trusses and girders, heavy equipment installation, as well as facility services for maintenance and shutdowns. Life Sciences segment consists of Pansend Life Sciences, LLC, which is focused on supporting healthcare and biotechnology product development. Spectrum segment consists of HC2 Broadcasting Holdings Inc. and its subsidiaries. The company owns and operates broadcast television stations throughout the United States.

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