xG Technology (XGTI) Takes Upward Bounce; Giga-tronics (GIGA) Inks Mega-Deal
xG Technology, Inc. (Nasdaq:XGTI) stock climbed in early trade Tuesday, currently exchanging hands for about $0.0.3249, up $0.0542 (or +20.02%), and 1,442,612 of its shares were traded so far, a large increase in activity versus its average volume (3m) of 764,724
The company recently received an approximately $400,000 order for xMax mobile broadband equipment to be Deployed in Asia Pacific.
xG Technology, a leader in providing critical wireless communications in challenging operating environments, has 14.34M Shares Outstanding and XGTI stock 52-week range is between $0.19 and $13.40 per share
Shares of Giga-tronics Inc. (Nasdaq:GIGA) soared to touch a new 52-week high during Tuesday’s trading session after the company announced a deal with defense giant Lockheed Martin Corp. (NYSE:LMT) to develop and license threat simulation software.
GIGA stock is currently trading for about $3.01, up $1.90 (or +171.16%), and 19,419,755 of its shares exchanged hands so far
Giga-tronics, which produces instruments, subsystems and sophisticated microwave components, has 6.73M Shares Outstanding and GIGA stock one-year range is from $0.86 to $3.85 per share
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