<div id="readability-page-1">DMC Global (BOOM) shares surged nearly 10% on Monday after the company confirmed it had received a non-binding buyout proposal from Steel Connect. The company said that Steel Connect, its largest shareholder, has agreed to pay $10.18 per share in cash for the rest of DMC’s shares. DMC said that the proposal is subject to further due diligence by St...</div>

STCN

BOOM

<p>DMC Global's stock rose nearly 10% following a non-binding buyout proposal from its largest shareholder, Steel Connect, offering $10.18 per share in cash for the remaining shares. The proposal is pending further due diligence.</p>

DMC Global Stock Rises After Receiving Non-Binding Buyout Proposal From Steel Connect: Retail Turns Bullish