Cardinal Infrastructure Shares Jump 30%
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Shares of Cardinal Infrastructure Group Inc. (CDNL) surged by about 30% during Thursday morning trading, influenced by the company's announcement of acquiring A.L. Grading Contractors. The stock is currently trading at $32.00, up 30.29% from the previous close of $24.56. The company also provided a financial outlook for fiscal year 2026, expecting revenue between $664.9 million and $678.3 million.
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