Ceragon Networks Ltd. (NASDAQ: CRNT) is trading at $8.51 up $1.26 or 17% on heavy volume of 212k
The Tel Aviv provider of wireless solutions for operators of both fixed and mobile networks, said it received an additional $9 million of orders for equipment from Digitel Mobile Philippines.
Netlist Inc. (NASDAQ: NLST) is trading at $3.05 up $0.60 or 24% on heavy volume of 4.1M
Shares of NLST continue to rally, after the company on Friday said its HyperCloud memory module has been selected to run on British IT solutions provider Viglen's servers to support High Performance Computing (HPC) applications. Netlist shares rallied nearly 30% on Friday following the announcement, combine that with today's move and the company has seen a 50%+ swing to the upside in the past two days.
Motorcar Parts of America Inc. (NASDAQ: MPAA) is trading at $6.74 up $0.46 or 7% on heavy volume 60k
Today the company reported strong results for its year ended March 31, 2010, reflecting record fourth quarter and full-year sales and a significant jump in net income for fiscal 2010. Net sales for fiscal 2010 climbed 9.2% to a record $147.2M, compared with $134.9M a year ago. Gross profit for fiscal 2010 was $41.3M, compared with $39.5M a year earlier.
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