Today's Biggest Technology Stock Gainers were ADI, MVIS, ALSK : by Penny Stock Pick Alert
November 25, 2009
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EMAILWIRE.COM, November 25, 2009 ) Dallas, TX - Analog Devices, Inc. (NYSE:ADI) climbed 6.44% to $29.74 after it reported fourth quarter revenue of $572 million, and diluted EPS of $0.36 per share, beating estimates by 10 cents. Gross margins were 56.3% and operating margin was 22.5%. Following the announcement, Analog Devices received upgrades from GC Research and Broadpoint AmTech Research.
Microvision, Inc. (NASDAQ:MVIS) surged 7.87% to $3.70.Today, Microvision, Inc. (NASDAQ: MVIS), a global leader in light scanning technologies, today announced the closing of its public offering of 7,705,000 shares of its common stock at a price to the public of $3.00 per share, which includes 1,005,000 shares sold upon exercise by the underwriters of their option to purchase additional shares.
Alaska Communications Systems Group, Inc (NASDAQ:ALSK) rose 7.04% to $7.45. In the past six months , the stock is up over 14%. Alaska Communications Systems Group, Inc. (ACS Group) is an integrated telecommunications services provider.
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