Kornit Digital shares climb 7%, with Thursday’s test ahead
Kornit Digital jumped 7.0% to $16.57 Wednesday on Nasdaq, with trading volume at 296,387 shares and a market cap near $768 million. The Israeli digital textile-printing firm meets investors Thursday at the Craig-Hallum conference in Minneapolis. Q1 revenue rose to $48.5 million, but net loss widened to $8.2 million. Analyst targets range from $22 to $27.50, with some cautious Hold ratings.