Kraken Robotics Shares Climb as PNG Recovers After TSXV Holiday
Kraken Robotics shares closed up 2.2% at C$7.44 Tuesday, outperforming the TSX Composite’s 0.3% drop. The move followed no new company disclosures, with investors focusing on the pending C$615 million Covelya acquisition and 2026 guidance. Trading volume reached 1.48 million shares. Kraken recently reported 2025 revenue of C$102.2 million and guided 2026 revenue to C$165–175 million.