Tech Stock Gainers (FFN, ALVR, PULS, WPCS, AONE)
NEW YORK, September 24, 2012 (MESHPRESS) – Beststocksdaily.com, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on the following stocks:-
FriendFinder Networks Inc(NASDAQ:FFN) shares soared 26.32% and closed at $0.960 in the previous trading session. FriendFinder, on Sept. 13, reported adjusted EBITDA of $8.0 million for July 2012. The company’s CEO Anthony Previte said the company undertook an aggressive effort to streamline its cost structure and optimize business. Those efforts led to “significant” operational improvements.
Can FFN Continue To Move Higher? Find Out Here
Alvarion Ltd (USA)(NASDAQ:ALVR) shares jumped 14.73% and closed at $0.424 in the last trading session. The company, on Sept. 12, installed a private wireless network for public safety connectivity reducing the costs associated with the use of wireless broadband cards and delivering better performance. The network uses Alvarion’s BreezeMAX Extreme base stations in the secure 4.9 GHz band connected to BreezeMAX Vehicular Subscriber Units installed in the City’s police vehicles allowing officers to seamlessly and securely perform their duties in the field.
Can ALVR Extend Rally? Find Out Here
Pulse Electronics Corp(NYSE:PULS) shares climbed 14.72% and closed at $0.780 in the previous trading session. The 52 week trading range for the company is $0.64 – $3.76. The shares of the company plunged 76% in the last one year. PULS is a producer of precision-engineered electronic components and modules. The Company operates its business in three segments: its Network product group (Network), its Power product group (Power) and its Wireless product group (Wireless).
Can PULS Extend Rally? Find Out Here
WPCS International Incorporated(NASDAQ:WPCS) shares gained 12.48% and closed at $0.630 in yesterday’s session. The company last week reported net income attributable to the company of approximately $994,000 or $0.14 per share, compared to a net loss of approximately $35,000 or $0.01 per share for the same period a year ago. Revenue for the quarter was $13.4 million compared to $18.6 million for the same period in the prior year.
Can WPCS Continue To Move Higher? Find Out Here
A123 Systems, Inc.(NASDAQ:AONE) shares increased 12.57% and closed at $0.335 in the previous trading session. On Monday before the opening bell, the Nasdaq said A123 would be removed from the Nasdaq Clean Edge Green Energy Index.
Has AONE Found The Bottom? Find Out Here
The company received notice from the Nasdaq last month that its stock price is too low for exchange standards and will be delisted if it does not recover to $1 in the next six months. The company said in a securities filing that it has until February 19 to increase its share price back to $1, which it breached more than a month ago.
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