The Elmet Group Co. is trading 7.1% up today at $20.81 as momentum from a major U.S. Department of Defense contract for its Elmet Technologies subsidiary fuels a rebound.
- The move extends a recovery following a sharp pullback on June 5, with traders buying back in after earlier profit-taking.
- The defense-contract-driven rally remains a primary focus for investors as the stock regains ground this week.