ICF Stock Jumps Before Shareholder Vote as Rebound Case Gets Put to Test
ICF International shares rose 3.3% to $71.09 in late-morning Nasdaq trading on Monday, putting the government-services consultant ahead of its virtual annual meeting scheduled for Tuesday. The stock opened at $68.84, touched $71.73 and had traded 101,433 shares at the latest available quote, valuing the company at about $1.30 billion. Why now is simple enough: investors have one more trading session before the June 2 meeting, and online votes submitted before the meeting must be in by 11:59 p.m. ET on June 1. ICF says the meeting will be held online at 8:00 a.m. ET on Tuesday.