Dril-Quip, Innovex complete merger
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 06 2024
0mins
Should l Buy ?
Merger Completion: Dril-Quip has successfully completed its merger with Innovex Downhole Solutions, resulting in the formation of a new company named Innovex International (INVX).
Stock Trading Changes: The newly formed company will begin trading on the New York Stock Exchange under the ticker symbol "INVX" on September 9, while Dril-Quip's stock ceased trading under "DRQ" as of September 6.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
