Mid-Day Market Movers (IFLG, NLST, GFC, CRNT)
InfoLogix Inc (NASDAQ: IFLG) climbed 34.63% to $4.86 by 10:32 am. IFLG’s shares fell 59.89% over the past 52-weeks, while the S&P 500 index gained 15.37%.
Netlist Inc (NASDAQ: NLST) soared 23.67% to $3.03. NLST’s HyperCloud memory module has been selected by the UK-based IT solutions provider Viglen to run on its servers.
Gerova Financial Group Ltd (AMEX: GFC) jumped 22.33% to $16.98. Bermuda Monetary Authority has given approval to GFC to be registered as a Long Term Insurer.
Ceragon Networks Ltd (NASDAQ: CRNT) shares advanced 17.24% to $8.50. Digitel Mobile Philippines has decided to invest an extra $9 million in CRNT’s mobile backhaul network equipment.
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