Here is the reason why MDC Partners Inc. (MDCA) stock boomed in the after-hours session

CEI Stock

MDC Partners Inc. (NASDAQ: MDCA) shares spiked 31.29% t0 $2.39 in the late-hours after the announcement by the company that MDCA and Stagwell Media LP have entered into a definitive merger arrangement to incorporate their respective businesses, merging MDC’s award-winning expertise with Stagwell’s innovative technological infrastructure to build the business demands of today’s disruptive marketing […]