Lyntris is targeting a valuation of up to $2.53 billion in its U.S. initial public offering, the Trive Capital-backed ‌company said on Monday, making it the latest to test strong ‌investor appetite for defense listings. The Falls Church, Virginia-based Lyntris and selling stockholders are seeking up ​to $528 million by offering 24 million shares priced between $19 and $22 apiece. A flurry of defense companies has pressed ahead with their listing plans since April as the U.S.-Israeli war on Iran has boosted investor appetite.

Arxis Inc (ARXS) delivers a stellar Q2 with 25% revenue growth and 38% EBITDA expansion, prompting a full-year guidance increase.

Arxis (NASDAQ:ARXS) reported second-quarter sales of $501 million, up 25% from a year earlier, as organic growth, pricing and acquisitions contributed to broad-based gains across its businesses and end markets. Adjusted EBITDA rose 38% year over year to $211 million, while adjusted EBITDA margin ex

SpaceX stock is down over 50% from a short-lived peak just a few days after it went public. Here's what investors can expect for its future.

Two Wall Street analysts initiated coverage of the newly public aerospace company, Arxis, with a bullish view. On Monday, Arxis rose 8% after the favorable ratings came out.

Investing.com -- Newly entrant to the equities market, Arxis received bullish initiations from multiple Wall Street firms on Monday, with analysts highlighting the aerospace and defense supplier’s acquisition-driven “industrial compounder” model, strong exposure to defense spending growth, and proprietary technology portfolio.

Event context and recent price move Arxis (ARXS) shares edged up about 0.4% in the latest session, with the move coming as investors weigh its role in supplying electronic and mechanical components for defense, aerospace, medical technology, and industrial automation customers. See our latest analysis for Arxis. That small 1 day share price return of 0.37% sits against a year to date share price return decline of 9.34%, which hints that recent momentum is still subdued despite the latest...