Ebola Fever Hits Versar; Shares Surges More Than 25 Percent In Two Trading Days - Lakeland Industries (NASDAQ:LAKE)

Shares of

VersarVSR

continues to surge on Monday, rising nearly 25 percent over the previous two trading days as Ebola concerns remain in focus. Versar is a construction management firm that provides environmental and construction management services. Investors and traders appear to be betting that the company may see a surge in demand for its protective gears. Shares of

Lakeland Industries

LAKE

more than doubled in recent trading days, reaching a 52-week high of $33.10 as investors similarly bet that the hazmat suit maker may see a surge in demand for its protective suits. In a

press release on September 12, Lakeland Industries stated “In response to the increasing demand for specialty protective suits to be worm by healthcare workers and others being exposed to Ebola, Lakeland is increasing its manufacturing capacity for these garments and includes proprietary processes for specialized seam sealing, a far superior technology for protecting against viral hazards than non-sealed products. Versar's exposure as an "Ebola-play" is not as clear. A

on the company's website for “Ebola” yielded no results. The company's fourth quarter results and subsequent conference call also contained no mention of “Ebola. Shares of Versar traded as low as $3.70 on Tuesday after peaking at $5.20 on significantly heavy volume.

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