API Group's Acquisition Boosts Stock, Revenue
Update: 2025-12-10
Description
Api Groups stock surged by over three percent following its acquisition of CertaSite, a fire and life safety provider, and a positive financial outlook for 2025. The deal, valued at approximately ninety million dollars, is expected to close in the first quarter of 2026. Api also raised its net revenue and adjusted earnings guidance for 2025, indicating a robust financial position. Despite a slight dip, the stock closed over four percent higher than its previous closing price, reflecting market optimism.
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