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Posted by
Two Blokes Jul 7 -
Filed in
Stock
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Dnow Inc. (NYSE: DNOW), a prominent provider of energy and industrial products, has risen 11% year-to-date, surpassing the S&P 500's 5% increase. Following the company's announcement of a $1.5 billion all-stock acquisition of energy infrastructure counterpart MRC Global Inc. (NYSE: MRC), investor interest has intensified, a move that could potentially transform the energy supply chain sector.