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Here’s why the Electro Optic (ASX:EOS) share price jumped 19% today
Nikhil Gangaram | March 1, 2021 4:47pm |
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Electro Optic Systems Holdings Ltd(ASX: EOS) share price has surged nearly 19% in today’s trading session. By the market’s close, the Electro Optic share price was trading at $5.29.
Let’s take a look at what’s been happening for the defence and aerospace company.
What fuelled the Electro Optic share price today?
Apart from a Change of Directors Interest notice, Electro Optic did not release any highly sensitive news today. As a result, we can only posit that investors are reinterpreting the company’s financial results or regarding the fall in its share price as a buying opportunity.