10/09/2009 | Ceragon stock jumps after WiMax order |
Shares of Ceragon Networks Ltd. got a boost Thursday after the Israel-based wireless equipment maker said it received an equipment order worth several million dollars. The company did not give a more specific value for the order, which is from a North American WiMax operator. WiMax works like Wi-Fi, but over much greater distances. Ceragon's shares rose 82 cents, or 9.9 percent, to $9.07 in midday trading. Earlier, the stock hit a 52-week high of $9.16. |
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