Innovate Corp. shares rise 1.85% premarket after Mitsubishi UFJ Financial Group - MUFG Bank, MUFG Innovation Partners made investment in Layerx Inc, AI-centered software startup.
ByAinvest
Tuesday, Sep 2, 2025 5:24 am ET1min read
VATE--
Innovate Corp. rose 1.85% in premarket trading. The company's stock price increase may be attributed to the recent investment by Mitsubishi UFJ Financial Group - MUFG Bank, MUFG Innovation Partners in Layerx Inc, an AI-centered software startup. This investment could potentially benefit Innovate Corp. as it aligns with the growing trend of AI innovation and technology advancements.
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