US Geothermal (HTM) Stock: Gains Big On Acquisition News

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What We’re Seeing From The Stock

As investors, one of the first things that we learn is that the news moves the market. In this particular case, the news released by HTM was overwhelmingly positive. After all, not only is an acquisition happening, it’s happening at a strong premium. As a result, we’re seeing strong gains in the value of the stock. Of course, our partners at Trade Ideas were the first to alert us to the gains. Currently (10:59), HTM is trading at $5.39 per share after a gain of $1.17 per share or 27.73% thus far today.

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What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will continue to keep a close eye on HTM. In particular, we’re interested in following the story surrounding the acquisition. While the transaction has been approved by both Boards of Directors, it is still subject to customary closing conditions and regulatory approval. Nonetheless, we’ll continue to follow the story closely and bring the news to you as it breaks!

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Hey, Im Joshua, the founder of CNA Finance. I enjoy following the trends in the market and finding the catalysts that are making the moves. If you want to get in contact with me, leave a comment below or email me at CNAFinanceHelp@gmail.com Please keep in mind that I am not an investment advisor and nor is CNA Finance. This is a news and information gathering outlet. We may work directly with some of the companies that we write about. If we have a business relationship with an issuer, we will mention that in the articles. We also have various affiliate relationships with advertisers and may be paid if you sign up for a service that you were referred to through our website.

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