Enerflex Ltd. (EFXT) shares surged 15.66 percent to $22.97, up $3.11 on Thursday, after announcing that INNIO Group agreed to acquire its aftermarket business operations in Australia, Thailand and Indonesia.
The stock is currently trading at $22.97, compared with a previous close of $19.86. It opened at $21.63 and has traded between $20.19 and $23.41 during the session on the New York Stock Exchange. Trading volume stands at 0.32 million shares, compared with an average volume of 0.46 million shares.
The transaction strengthens INNIO's presence in the Asia-Pacific region and is expected to close in the second half of 2026.
The stock has traded in a 52-week range of $6.18 to $23.41.
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Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.