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Aebi Schmidt's Nasdaq Debut Sees 47% Surge in After-Hours Trading
ByAinvest
Thursday, Jul 3, 2025 3:21 am ET1min read
Aebi Schmidt Holding AG, a Swiss manufacturer of agricultural machinery, began trading on the Nasdaq after a $2 billion merger with the US-based Shyft Group. The company's stock dropped 86.57% during regular trading but surged 46.78% in after-hours trading. The merger was a strategic move for both companies to expand their global presence and strengthen their market position.
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