Rimon
Found 3 recent publications
Celebration for Harel Wiesel: Fox shares soar, while Rimon stock plummets by nearly 15%
The Tel Aviv Stock Exchange closed with gains in the two main indices. The TA-35 index rose by 0.11% to 4,145.38 points, and the TA-125 index climbed by 0.28% to 4,042.96 points.
Controlling shareholder of Rimon is worth 720 million shekels and requests a retention bonus of 1.3 million
Since its IPO in 2021, the shares of infrastructure company Rimon have jumped over 300%, reaching a market cap of 5.3 billion shekels. CEO and controlling shareholder Yossi Almalem, who holds 13.6% of the shares, has requested an update to his compensation terms, including a retention bonus.
Jumping by 21%: The hot stock on the stock exchange today and the reason it is leaping
The infrastructure company Rimon is acquiring control of Inter Industries at a value of about 169 million shekels, a premium of about 17% over the market price. But the stock is jumping even more - what does this mean for investors and what is behind the move?