The stock price of SigmaTron International Inc (NASDAQ: SGMA) increased by 84.67% in the previous trading session. This is why it happened.

Sun, Dec. 12, 2021

SGMA stock is soaring after SigmaTron reported strong earnings for the quarter, despite numerous supply chain issues. The post SGMA Stock: What Is Going on With Red-Hot SigmaTron Today?

Fri, Dec. 10, 2021

ELK GROVE VILLAGE, Ill., Oct. 13, 2021 (GLOBE NEWSWIRE) -- SigmaTron International, Inc. (NASDAQ: SGMA), an electronic manufacturing services (“EMS”) company (the “Company”), today announced that Gary R. Fairhead, Chairman of the Board, Chief Executive Officer and President of SigmaTron International, Inc. stepped down as President effective October 13, 2021. He plans to remain active in his positions as Chairman of the Board and Chief Executive Officer. The Company's Board of Directors has appointed James E. Barnes as President of the Company, also effective October 13, 2021. Mr. Barnes has been with the Company since October 2004 and has risen through the ranks, most recently holding the position of Executive Vice President, Operations and Global Accounts. His experience at SigmaTron has ranged from manufacturing operations to program management to business development. Through his business development activities he has worked with all seven manufacturing locations as well as the Company's international purchasing office in Taiwan. He holds a BA in Business Administration from Illinois State University in 2004 and a MBA from DePaul University in 2010 in Operations Management.

Wed, Oct. 13, 2021

ELK GROVE VILLAGE, Ill., Sept. 30, 2021 (GLOBE NEWSWIRE) -- SigmaTron International, Inc. (NASDAQ: SGMA), an electronic manufacturing services company, today announced that due to insufficient stockholder votes represented by proxy or in person to constitute a quorum of the Company's outstanding shares of common stock for the transaction of business, it has adjourned, without conducting any business, its special meeting of stockholders (the “Special Meeting”) that was scheduled to occur at 10:00 a.m., Central Daylight Time, on September 29, 2021, and will reconvene at 10:00 a.m., Central Daylight Time, on October 22, 2021, to vote on the proposals described in the proxy statement filed with the Securities and Exchange Commission (the “SEC”) on September 8, 2021 (the “Proxy Statement”). The Company did not change the record date for the Special Meeting. Only stockholders of record at the close of business on August 24, 2021 are entitled to vote at the reconvened Special Meeting.

Thu, Sep. 30, 2021

In just one week, SigmaTron's shares soared >58%. The growth was driven primarily by a strong quarterly report - SGMA's pre-tax net income turned out to be ~45% of market capitalization.

Sat, Sep. 18, 2021