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Bank of America Increases Stake in Spirent Communications

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Bank of America Increases Stake in Spirent Communications

The latest update is out from Spirent Communications ( (GB:SPT) ).

Spirent Communications PLC has announced a change in major holdings, as Bank of America Corporation has increased its financial instrument holdings in the company. This acquisition raises Bank of America’s total voting rights in Spirent to 3.009033%, reflecting a strategic move that could influence Spirent’s market positioning and stakeholder interests.

More about Spirent Communications

Spirent Communications PLC is a UK-based company operating in the telecommunications industry. It specializes in providing testing, assurance, and analytics solutions to ensure the performance and security of networks and connected devices.

YTD Price Performance: 6.84%

Average Trading Volume: 1,833,103

Technical Sentiment Signal: Sell

Current Market Cap: £1.11B

Learn more about SPT stock on TipRanks’ Stock Analysis page.

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