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Why Mohawk Group's Stock Is Trading Higher Today

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Mohawk Group (NASDAQ: MWK) shares are trading higher on Wednesday after the company announced it would acquire four E-commerce brands and issued fiscal year 2021 sales guidance.

MicroPort is a medical device developer and manufacturer that is headquartered in Shanghai, China. It designs and produces products for a range of medical fields including cardiology, interventional radiology, orthopedics, electrophysiology, and surgical management.

Merrimack Pharmaceuticals shares were trading up 14.51% at $7.89 on Wednesday. The stock has a 52-week high of $9.68 and a 52-week low of $1.42.

 

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