Intevac (IVAC) Stock Surges Tuesday
Intevac (NASDAQ:IVAC - News) shares rose 23% after the maker of disk-drive manufacturing gear reported better-than-expected third-quarter results. On Monday, Intevac posted a profit of $9 million, or 41 cents a share, on revenue of $54.8 million, figures that were all above Wall Street analysts' estimates. Brean Murray analyst Mark Miller raised his rating on Intevac's stock to hold from sell.
posted by Stock Administrator @ 10:33 PM
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