Scott Tech shares rebound ahead of update

Mon, 20 Apr 2020

Scott Technology shares continued their resurgence on Friday, closing up 3.5 percent at $1.76 as shareholders wait for an imminent update on operations and earnings guidance.The movement reflects a sharp uplift since the global robotics company shares bottomed at 86 cents on March 24, following guidance on the 18th that Scott expected earnings to be "materially impacted" by covid-19 restrictions and it would have trouble servicing projects in Europe, North America and Australia in particular. Its New...

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