TODAY'S PAPER
64° Good Afternoon
64° Good Afternoon
Business

Long Island stocks on move

Stock traders

Stock traders Photo Credit: AP

Two Long Island companies whose stocks moved significantly during the week ending Nov. 19, 2010.

Fonar
(FONR)
Melville
$1.64 (week's change: +60.8%) 
52-week return: -31.4%

Shares zoomed after the maker of upright MRIs swung to a profit from a loss in the same quarter a year ago. Fonar said its quarterly profit "has largely been done by cutting costs."

CVD Equipment
(CVV)
Ronkonkoma
$6.99 (week's change: -10.8%) 
52-week return: +110.5%

High-flying shares pulled back a bit after the manufacturer of equipment used by chip makers said recent strong order levels are "perhaps not sustainable continuously in the short term."

Above left, two stock traders this week.

--------------------
Read more of Inside Long Island Business

 

Comments

We're revamping our Comments section. Learn more and share your input.

More news