Microsoft Corp MSFT:NASDAQ

Last Price$239.00NASDAQ Closing Price as of 3:59PM ET 5/12/21

Today's Change-7.23(2.94%)
Bid (Size)$239.50 (1)
Ask (Size)$239.55 (2)
Day Low / High$238.07 - 244.38
Volume36.7 M

Perma-Pipe International Raises $8.7 Million from Sale, Leaseback Deal for Plant

3:08PM ET 4/19/2021 MT Newswires
Perma-Pipe International Holdings (PPIH) said Monday it has completed a sale and leaseback deal with Nash88, raising $8.7 million for reinvestment into its business.

The company said it will continue to use the facility in Lebanon, Tenn., under a 15-year lease with an option to renew for up to 20 additional years. Perma-Pipe use the plant to make and coat heating and cooling piping systems.

The stock was up almost 3% in afternoon trading.

Price: 6.37, Change: +0.17, Percent Change: +2.76