Innovex to Acquire TCO Group for $95M, Expects 13% Accretion
Tom Rudovsky · Reported by Dow Jones Newswires
More coverage: Oil & Gas Stocks · Energy
Sentiment
Positive
Importance
8
Price
$29.45
Mkt Cap
$2.025B
52W Low
$14.65
52W High
$32.25
52W Position
101% above low
Off High
8.7% below high
Rel. Volume
0.7× avg
Market data snapshot near publication time
INVX has more than doubled off its 52-week low of $14.65.
Summary
Innovex International has agreed to acquire TCO Group for $95 million, a deal announced via an 8-K minutes before this news. The acquisition is expected to be 13% accretive, signaling a positive financial impact for Innovex. This represents a material expansion for the company, which has a market capitalization of approximately $2 billion.
At the time of this announcement, INVX was trading at $29.45 on NYSE in the Industrial Applications And Services sector, with a market capitalization of approximately $2B. The 52-week trading range was $14.65 to $32.25. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Dow Jones Newswires.
Price Chart
INVX - Latest Insights
INVX
Jul 01, 2026, 5:00 PM EDT
Price at Filing:
$24.29
Real-time Price:
$33.33
Change:
+$9.04 (+37%)
Market Cap:
$1.796B
INVX
Jun 15, 2026, 7:30 AM EDT
Price at Filing:
$29.45
Real-time Price:
$33.33
Change:
+$3.88 (+13%)
Market Cap:
$1.796B
INVX
May 05, 2026, 4:29 PM EDT
Price at Filing:
$26.50
Real-time Price:
$33.33
Change:
+$6.83 (+26%)
Market Cap:
$1.796B
INVX
May 04, 2026, 4:38 PM EDT
Price at Filing:
$29.53
Real-time Price:
$33.33
Change:
+$3.80 (+13%)
Market Cap:
$1.796B
INVX
May 04, 2026, 4:30 PM EDT
Price at Filing:
$29.53
Real-time Price:
$33.33
Change:
+$3.80 (+13%)
Market Cap:
$1.796B