Morning Market Movers
FiberTower Corporation (NASDAQ: FTWR) climbed 20.30% to $1.60 at 9:55 am. FTWR shares have dropped 64.15% over the past 52 weeks, while the S&P 500 index has gained 21.21% in the same period.
Trunkbow International Holdings Ltd (NASDAQ: TBOW) shares advanced 17.20% to $2.93. TBOW's trailing-twelve-month operating margin is 57.91%.
China BAK Battery Inc (NASDAQ: CBAK) shares surged 17.12% to $1.30. CBAK is seeing a surge in customer demand for its e-bike battery business at its Tianjin facility.
Coffee Holding Co Inc (NASDAQ: JVA) jumped 14.94% to $9.77. JVA reported sales growth of 87% for the three months ended April 30, 2011, versus 11.4%, in the year-ago period.
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