VATE Company Profile and Key Details
INNOVATE Corp.
VATE Stock Price Chart
Stock Price Today
INNOVATE Corp. (VATE) stock surged +86.30%, trading at $9.52 on NYSE, up from the previous close of $5.11. The stock opened at $7.43, fluctuating between $6.55 and $10.95 in the recent session.
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About Company
INNOVATE Corp., through its subsidiaries, operates in infrastructure, life sciences, and spectrum areas in the United States. It provides industrial construction, structural steel, and facility maintenance services for use in commercial, industrial, and infrastructure construction projects, such as buildings and office complexes, hotels and casinos, convention centers, sports arenas and stadiums, shopping malls, hospitals, dams, bridges, mines, metal processing, refineries, pulp and paper mills, and power plants. The company also fabricates trusses and girders; and fabricates and erects water pipe, water storage tanks, tunnel liners, pressure vessels, strainers, filters, separators, and other customized products. In addition, it offers integrated solutions for digital engineering, modeling and detailing, construction, heavy equipment installation, and facility services; and steel and rebar detailing, and BIM modeling and management services, as well as equipment used in the oil, gas, petrochemical, and pipeline industries. Further, the company develops products for early osteoarthritis of the knee, and aesthetic and medical technologies for the skin. Additionally, it operates over-the-air broadcasting stations and Azteca America, a Spanish-language broadcast network. The company was formerly known as HC2 Holdings, Inc. and changed its name to INNOVATE Corp. in September 2021. The company was incorporated in 1994 and is headquartered in New York, New York.
Company Information
| Employees | 3946 |
| Beta | 2.07 |
| Sales or Revenue | $1.42B |
| 5Y Sales Change% | -0.561% |
| Fiscal Year Ends | December |
| Sector | Industrials |
| Industry | Engineering & Construction |
Frequently Asked Questions
INNOVATE Corp. (NYSE: VATE) stock price is $9.52 in the last trading session. During the trading session, VATE stock reached the peak price of $10.95 while $6.55 was the lowest point it dropped to. The percentage change in VATE stock occurred in the recent session was 86.3% while the dollar amount for the price change in VATE stock was $4.41.
The NYSE listed VATE is part of Engineering & Construction industry that operates in the broader Industrials sector. INNOVATE Corp. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide.
Mr. Wayne Barr Jr.
Chief Executive Officer, Pres & Director
Anthony Rozmus
Investor Relations Officer
Mr. Michael J. Sena
Chief Financial Officer
Mr. Paul Kenneth Voigt
Interim Chief Executive Officer
Ms. Suzi Raftery Herbst
Chief Operating Officer & Corporation Sec.
VATE's closing price is 192.92% higher than its 52-week low of $3.25 where as its distance from 52-week high of $10.95 is -13.06%.
Number of VATE employees currently stands at 3,946.
Official Website of VATE is: https://www.innovatecorp.com
VATE could be contacted at phone 212 235 2690 and can also be accessed through its website. VATE operates from 295 Madison Avenue, New York, NY 10017, United States.
VATE stock volume for the day was 30.84M shares. The average number of VATE shares traded daily for last 3 months was 43.11K.
The market value of VATE currently stands at $126.25M with its latest stock price at $9.52 and 13.26M of its shares outstanding.
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