Must-See 20 Second Trading Demo

Larry Benedict's hedge fund went 20 years without a single losing year and was ranked in the top 1% in the entire world by Barron's.

What's Going On With M-Tron Industries Stock Tuesday?

Dylan Berman
January 07, 2025

M-Tron Industries Inc. (AMEX:MPTI) shares are trading higher on Tuesday after the company announced that it received a multi-million dollar contract from a major U.S. defense program.

The Details: The newly received $10 million contract with a U.S. Department of Defense prime contractor supports a major air defense program and includes the order of several products, such as high-performance radio frequency filters and precision clock oscillators.

In addition to these products, M-Tron supplies a broad range of components for other defense systems, including precision-guided munitions, radars, electronic warfare systems, airframes, drones, autonomous vehicles, and space and satellite platforms.

“This award is a testament to MtronPTI’s ability to design and produce in high volume, superior custom products that meet the demanding needs of our customers,” said Michael Ferrantino, CEO of MtronPTI.

“We are proud to be part of this program and the security of our nation.”

The air defense program, which supports both the U.S. and allied nations, is expected to continue production beyond 2029. Work under this contract will take place in Orlando, Florida, through mid-2026.

Related Link: Decoding MicroStrategy’s Options Activity: What’s the Big Picture?

MPTI Price Action: At the time of writing, M-Tron stock is trading 6.83% higher at $52.25, according to data from Benzinga Pro.

Image: via Shutterstock

Continue Reading...

Popular

Malaysia and Singapore agree to launch a special economic zone in a rare move to attract investors

KUALA LUMPUR, Malaysia (AP) — Malaysia and Singapore leaders signed an agreement on Tuesday to create a special economic zone to attract global investment and ease the cross-border flow of goods and people.

"Buffett Indicator" Predicts 62% Stock Market Crash - Ad

The last time the "Buffett Indicator" flashed this red was in 2000 - right before the market crashed 50%. Take these 4 steps to protect your retirement here.

Nvidia founder Jensen Huang unveils new technology for gamers and creators at CES 2025

LAS VEGAS (AP) — In a packed Las Vegas arena, Nvidia founder Jensen Huang stood on stage and marveled over the crisp real-time computer graphics displayed on the screen behind him. He watched as a dark-haired woman walked through ornate gilded double doors and took in the rays of light that poured in through stained glass windows.

Trump's Greenland Gambit: Kalshi Bettors See 21% Chance He'll Seal The Deal Before This Date

Bettors on the federally authorized betting platform Kalshi predicted a 21% chance of Donald Trump buying Greenland, amid the President-elect’s controversial effort to acquire the autonomous Danish region. 

The Single Best Electric Aviation Stock to Keep an Eye On Today - Ad

Looking for the next big EV opportunity? The market is expanding rapidly, and one stock is standing out with its innovative approach and strong industry partnerships. Find out more about this potential game-changer.

Millions of people may get expanded Social Security benefits. Who are they and how would it happen?

ATLANTA (AP) — Nearly 3 million people could receive a boost in payments under legislation set for a final Senate vote in the coming days.

New Tech Breakthrough Threatens to Send Stock Market Tumbling - Ad

Apple, Microsoft, Amazon, Alphabet, Meta, NVIDIA, and Tesla could be in a world of pain because of this new shocking discovery. In this new exposé, Porter Stansberry shares everything you need to know.

US applications for jobless claims fall to 201,000, lowest level in nearly a year

U.S. applications for unemployment benefits fell to their lowest level in nearly a year last week, pointing to a still healthy labor market with historically low layoffs.

Urgent Announcement: 'Magnificent 7' in for a World of Pain - Ad

What does every tech billionaire know that we don't? The tech apocalypse is here... And the insiders know it. Jeff Bezos just sold $3 billion in Amazon stock ... Jensen Huang just sold $713 million of NVIDIA ... Mark Zuckerberg just sold $1.3 billion in Meta stock...

Hillary Clinton, George Soros and Denzel Washington will receive the highest US civilian honor

WASHINGTON (AP) — Former Secretary of State , Democratic philanthropist and actor-director will be awarded the nation's highest civilian honor on Saturday in a White House ceremony.

An Electric Aircraft Company With Potential to Break Out - Ad

If you're watching the electric aviation sector, this is a stock to keep an eye on with a strong market position and cutting-edge technology.

What to know about Apple's $95 million settlement of the snooping Siri case

Apple has agreed to pay $95 million to settle a lawsuit that accused the company of turning its virtual assistant Siri into a snoop that eavesdropped on the users of iPhones and other trendy devices in a betrayal to its long-standing commitment to personal privacy.

Set Your Alarm For 1:59 P.M. on January 31st Because THESE Stocks Set To Rocket Up - Ad

1:59 P.M. on January 31st. Set an alarm for that. Because you need to be prepared for an event that will send a certain group of stocks rocketing upward.

FDA limits toxic lead in some baby foods

The U.S. Food and Drug Administration on Monday set maximum levels for lead in baby foods like jarred fruits and vegetables, yogurts and dry cereal, part of an effort to cut young kids' exposure to that causes developmental and neurological problems.

Boeing still needs a culture change to put safety above profits, according to the head of the FAA

A year after a panel blew out of a Boeing 737 Max during flight, the nation’s top aviation regulator says the company needs "a fundamental cultural shift” to put safety and quality above profits.

Elon's New Tech Could Be Bigger Than Tesla & SpaceX... Combined - Ad

Forget rockets or brain implants... Elon's new AI product could be his biggest invention yet. Jeff Brown tried it himself recently and caught his experience on camera. See this footage because according to Tesla Magazine, this new product "could well shape the technological and economic future of our society."

Consumer protection agency sues Walmart, Branch alleging illegal pay practices for gig drivers

NEW YORK (AP) — The Consumer Financial Protection Bureau has sued Walmart and work scheduling platform Branch Messenger for allegedly forcing delivery drivers that are part of the discounter's gig program to use costly deposit accounts to get paid and mispresented how they could access their wages.

Inside Jeff Bezos' $600M Wedding To Lauren Sánchez: Luxe Decor, Stars, And Romance

Jeff Bezos is reportedly set to marry his fiancée Lauren Sanchez next Saturday in a $600 million Winter Wonderland-themed wedding in Aspen, Colorado.

Crypto Stocks Surge Amid Market Boom - Ad

Crypto stocks are on fire as Bitcoin hits all-time highs. One under-the-radar company is leading the charge, managing $2.1 billion in client assets and seeing record trading volumes. With crypto adoption skyrocketing, this could be a game-changing opportunity.

Movie Review: Nicole Kidman commands the erotic office drama 'Babygirl'

The demands of achieving both one-day shipping and a satisfying orgasm collide in Halina Reijn’s a kinky and darkly comic erotic thriller about sex in the Amazon era.

Massive Data Breach Exposes Millions of Credit and Debit Cards--Is Your Account Safe?

Five million credit and debit card numbers, along with customers' financial records and personal details, have been exposed, raising the risk of financial fraud and identity theft for millions of Americans.

What's Going On in This Strange Facility Near Mar-A-Lago? - Ad

Most people have no clue this unassuming facility exists. Yet the minute Donald Trump takes office... This could be the most important building in America. More important than the Capital, the Pentagon... even the White House. Because this may well be the epicenter of Trump's New Manhattan Project.

Former Elizabeth Warren Challenger Offers To Lead Federal Probe Into Government's Attempt To Choke Crypto Banking Access

Pro-cryptocurrency attorney John Deaton expressed his willingness on Sunday to lead a federal investigation into the so-called  "Operation Choke Point 2.0″ without any salary, a task he deemed an “honor and privilege.”

The World's Two Most Powerful Men [Watch Before Jan. 20] - Ad

While everyone is talking about Donald Trump and Elon Musk's plans to overhaul the U.S. federal government with the new Department of Government Efficiency ("D.O.G.E."), almost no one is talking about the biggest story of all. It will change America forever. And it could reap fortunes for investors who make the right moves today.

Ex-OpenAI engineer who raised legal concerns about the technology he helped build has died

Suchir Balaji, a former OpenAI engineer and whistleblower who helped train the artificial intelligence systems behind ChatGPT and later said he believed those practices violated copyright law, has died, according to his parents and San Francisco officials. He was 26.

Elon Musk: Without This Company, "Civilization Will Crumble" - Ad

Did you know that there's an investment that will give you the opportunity to collect "royalties" every time Nvidia makes a chip? Ex-Wall Street CEO Dylan Jovine calls this "the easiest windfall from the AI revolution." Even ChatGPT founder Sam Altman says AI depends on this company's work...

A Melania Trump documentary from director Bruce Ratner will be released by Amazon

LOS ANGELES (AP) — Incoming first lady will be the subject of a new documentary directed by Brett Ratner and distributed by Amazon Prime Video. The streaming arm of the tech giant got exclusive licensing rights for a streaming and theatrical release later this year, the company said Sunday.

Get Your Retirement Plan in Shape in 2025 - Ad

The clock is ticking -- make the most of Q1 to set up a retirement plan that works for you. Datalign Advisory can help you get everything in order before tax time.

Xcel Energy Secures 20-Year License Extension For Monticello Nuclear Plant, Boosting Clean Energy Goals

Xcel Energy extends Monticello Nuclear Plant's license by 20 years, strengthening its clean energy transition and regional economic impact.

Mary Trump Reveals the Worst Christmas Gift She Ever Received from Uncle Donald Trump

President-elect Trump's estranged niece recently shared some of her most peculiar Christmas gift experiences with her uncle.

The IPO Turning Heads - Ad

A groundbreaking IPO has hit the NYSE-A, targeting a $60B market. This company's mission to produce up to 2.4 million tons of potash annually could supply 20% of Brazil's current potash needs. It's a rare chance to explore this IPO opportunity while it's still fresh.

Ethereum Price Surges 4%: What Is Going On With ETH?

Ethereum (CRYPTO: ETH) is surging on Friday, backed by strong ETF inflows and bullish options data.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright traderelite.club
Privacy Policy | Terms of Service