MDA Space Stock Nears All-Time High in Busy Space Trade
MDA Space Ltd. shares in Toronto moved up 0.2% to C$59.64 at 10:54 a.m. EDT on Monday, close to their all-time high after hitting C$60.96 earlier in the session. The Canadian space contractor is coming off a strong run last week. Volume reached 241,428 shares. Previous close was C$59.51. MDA’s move is in focus now as it stands out as one of the clearer public plays on satellite manufacturing and space infrastructure while investors shift how they value the sector. Shares climbed about 14% last week, with the price moving from C$52.16 at the May 15 close to C$59.51 at the May 22 close.
