Why Ascent Industries Shares Are Trading Higher By 7%; Here Are 20 Stocks Moving Premarket - Ascent Industries (NASDAQ:ACNT), ARB IOT Group (NASDAQ:ARBB)

Shares of Ascent Industries Co. (NASDAQ: ACNT) rose sharply in pre-market trading as the company reported the sale of the business of Specialty Pipe & Tube for around $55 million in an all-cash deal. Ascent Industries shares surged 7.4% to $8.69 in pre-market trading.

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