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29.10.2020 10:52:51
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Stock Alert: Universal Security Instruments Soars In Premarket
(RTTNews) - Shares of Universal Security Instruments, Inc. (UUU) are surging more than 80% in the premarket hours on Thursday at $3.69.
Universal Security Instruments said in its filing that it had been in discussions with various candidates for a possible merger and one company has come up with a proposal. "Management intends to present the draft Proposed Merger Agreement to USI's Board for consideration within the next few days," the filing showed.
UUU stock closed at $2.01 on Wednesday's regular trading.
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