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Business

Long Island stocks on move

Guy holding chart

Guy holding chart Credit: Photos.com

FalconStor Software
(FALC)
Melville
$4.78 (week's change: +29.9%) 
52-week return: +39.4%
The maker of data-protection products had its best weekly gain since November 2008 after posting an 18 percent increase in fourth-quarter sales compared to the same period a year ago.

Globecomm Systems
(GCOM)
Hauppauge
$10.39 (week's change: +13.3%) 
52-week return: +41.2%
Shares hit a 30-month high after the satellite communications provider reported an increase in sales and profit and said it received a contract extension from NATO worth $8.5 million.

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