Kornit Digital shares climb 7%, with Thursday’s test ahead
Kornit Digital Ltd. surged 7.0% on Wednesday, ending at $16.57 on Nasdaq. The digital textile-printing firm’s market cap now sits around $768 million. Trading volume reached 296,387 shares, and shares closed just below the session high of $16.64 after trading between $15.62 and $16.64. S&P 500 and Nasdaq barely moved in the afternoon, with traders pausing following recent gains from AI names. The Dow ticked up. The rally caught attention because the rest of the market was quieter, Reuters said.