Mid-Day Market Movers (SPEX, ALVR, TRT, EFOI)
Spherix Incorporated (NASDAQ: SPEX) jumped 39.26% to $1.88 at 10:15 am. SPEX reported that its Phase 3 study with D-tagatose in Type 2 diabetes has shown statistically significant results.
Alvarion Ltd (NASDAQ: ALVR) climbed 23.28% to $2.33. ALVR has signed a multiyear accord worth more than $75 million to deploy the 4G network in Canada for Barrett Xplore Inc.
Trio-Tech International (AMEX: TRT) shares advanced 14.83% to $6.35. TRT swung to profit in the fiscal fourth quarter.
Energy Focus Inc (NASDAQ: EFOI) shares surged 6.19% to $1.20. EFOI has received 2 additional lighting energy services contracts worth $1.5 million.
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