Star Equity’s Digirad Health Sale Fetches 3x Friday’s Closing Price
Star Equity Holdings Inc (NASDAQ:STRR) rocketed 28% higher in trading on Friday after announcing that it had completed the sale of its imaging business, Digirad Health Inc. That has some investors wondering if the shares have further to rally? Health Phase-outStar Equity is a diversified investment holding company that operates three segments of construction, health and investments. The health segment will be removed as part of the sale with the equity interest in buyer TTG Imaging Solutions likely rolled into the investment segment. The business was sold to privately held TTG for a total valu...