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CommScope: More Upside For COMM Stock?
CommScopeCommScope(US:COMM) Forbes·2025-08-05 19:45

LONDON, ENGLAND - MARCH 12: The company logo for Commscope is displayed during the Tech Show at ExCel London on March 12, 2025 in London, England. (Photo by John Keeble/Getty Images)Getty ImagesCommScope (NASDAQ: COMM) has undertaken a transformative 10.5billiondivestitureofitsconnectivityandcablesolutionsbusinesstoAmphenol,signifyingacrucialmilestoneinthecompanysstrategicrestructuring.Themarketreacteddramaticallywithan8610.5 billion divestiture of its connectivity and cable solutions business to Amphenol, signifying a crucial milestone in the company’s strategic restructuring. The market reacted dramatically with an 86% stock increase to roughly 15 per share, reflecting inve ...