CompoSecure stock (CMPO) rallies into Monday as Husky deal nears — what to watch next
CompoSecure shares rose 3.6% to $22.17 Friday, extending a two-day rally ahead of its planned business combination with Husky Technologies. Shareholders approved the share issuance for the deal, which is expected to close in January pending regulatory sign-off. Fitch rated the company’s planned debt “BB+,” while Moody’s assigned a “B1” rating. The combined company is valued at about $7.4 billion.