Comtech shares surge 10.18% premarket on potential $300–600M S&S segment sale and M&A catalysts.

Comtech Telecommunications surged 10.18% in premarket trading following a report highlighting its potential sale of the Space & Satellite (S&S) segment for $300–600 million. The article emphasized that the divestiture would unlock value by clearing debt and transforming the capital structure, positioning the company for a turnaround. Additional signals, including transaction bonuses, deferred equity grants, and recent board appointments, were cited as indicators of an imminent M&A event. Post-sale, the company is expected to retain Allerium, a high-margin NG911 platform with recurring revenue and public safety growth potential, further reinforcing the stock’s strong buy thesis. These catalysts align with the sharp premarket gain, as the market reacted to the prospect of substantial shareholder value realization.