Ametek, Inc. shares rise 1.54% intraday after AMETEK Programmable Power wins Innovation Award.

Ametek, Inc. rose 1.54% in intraday trading, with the company's Programmable Power division receiving an Innovation Award for its Mi-BEAM Bidirectional DC Product Series. This advanced solution is designed to test and simulate complex, high-power electronics used in various sectors, including energy generation, grid modernization, and automotive. The award highlights the team's global collaboration and customer-focused innovation, which likely contributed to the positive market sentiment.