BITS had a strong day on Tuesday, trading up over 38% to close at $8.05 in extremely heavy trading (1.8 million shares traded versus normal daily average of 68,500). The stock soared through its previous 52 week high of $6.60, easily eclipsing the old mark. BITS was up on optimism relating to its Q4 earnings report. BITS reported Q4 earnings of 8 cents per share on sales of $4.6 million dollars, and reported strong sales across all product lines.
Sorry, the comment form is closed at this time.