Kraken Robotics (CVE:PNG) lags after bumping 2026 forecast on Covelya deal close
Kraken Robotics Inc. traded higher Friday after it closed the C$615 million Covelya Group acquisition. Shares were up 4.71% to C$6.67 at 12:49 p.m. EDT. Market cap sat at C$2.05 billion, according to Google Finance. Volume was 745,380 shares against an average of 1.41 million. Canadian markets traded as usual, not on holiday hours. Activity data on TMX Money was still updating at 12:53 p.m. ET.