Broadwind Shares Climb 8% as Traders Return to Small Manufacturer
Broadwind Inc. shares gained 8.1% Tuesday to finish at $4.02 on Nasdaq, with the Illinois-based manufacturer picking up trading interest following its big shift away from wind tower production. After hours, the stock slipped to $3.98. Broadwind is trading more as a niche precision manufacturer than a pure wind-market player now. The company’s market value stood at around $94 million, putting it in micro-cap territory. About 442,000 shares changed hands in recent trade, the data show.