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
Aug 10, 2026, 6:03 AM EDT
Price at Filing:
$28.10
Real-time Price:
$29.31
Change:
+$1.21 (+4%)
Market Cap:
$2.034B
INVX
Aug 06, 2026, 4:45 PM EDT
Price at Filing:
$30.70
Real-time Price:
$29.31
Change:
-$1.39 (-5%)
Market Cap:
$2.034B
INVX
Aug 04, 2026, 4:34 PM EDT
Price at Filing:
$31.63
Real-time Price:
$29.31
Change:
-$2.32 (-7%)
Market Cap:
$2.034B
INVX
Aug 03, 2026, 4:58 PM EDT
Price at Filing:
$28.64
Real-time Price:
$29.31
Change:
+$0.670 (+2%)
Market Cap:
$2.034B
INVX
Aug 03, 2026, 4:37 PM EDT
Price at Filing:
$30.91
Real-time Price:
$29.31
Change:
-$1.60 (-5%)
Market Cap:
$2.034B