Comtech Telecommunications Corp is trading 6.8% up at $4.58 as the stock extends its rebound from recent post-earnings selling and volatility.
- Investors are conducting an ongoing reassessment of the company’s fiscal third-quarter results and outlook following several days of heavy selling pressure.
- The positive price action coincides with a broader rally in the U.S. equity market, where major indices are currently trading more than 1% higher.