Mobix Labs, Inc. (MOBX) shares surged 17.97%, gaining $0.3999 to $2.6299 on Thursday after the company announced it had signed a binding Letter of Intent to acquire Vision Aerial, Inc., a Montana-based manufacturer of American-built drones.
The stock is currently trading at $2.6299, compared with its previous close of $2.2300. During the session, it opened at $3.0200 and traded between $2.4300 and $3.0599. Trading volume reached 37.87 million shares, significantly above its average volume of 5.62 million shares.
Mobix Labs shares have traded between $1.3100 and $14.4000 over the past 52 weeks.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.