Equity News
Digirad Corporation (DRAD) Spikes Above 25% on Sale of Asset for $18.75 Million
Digirad intends to use its net proceeds from the sale to repay its debt and finance HoldCo growth strategy. Shares of Digirad Corporation (DRAD) made a strong move making it one of the leading volume stocks in the market today. The stock pushed higher after the company announced to sell its DMS Health Technologies, Inc. business unit for a purchase price of $18.75 million. Digirad shares traded higher in the premarket soaring up to 25%. DRAD began the session at $3.10 compared to the previous close of $2.55. The trading volume is up by 40 million as it continues to
