Long Island stocks on move

Guy holding chart Credit: Photos.com
Here are two Long Island companies whose stock moved significantly last week.
Fonar
(FONR)
Melville
$2.04 (week's change: +54.5%)
52-week return: +50.0%
Shares received a boost after the manufacturer and servicer of MRI scanners swung to a quarterly profit compared to a net loss in the same three-month period a year ago.
Standard Microsystems
(SMSC)
Hauppauge
$25.90 (week's change: +8.2%)
52-week return: +32.7%
The chip maker will not raise its bid to buy Conexant. SMSC gets a $7.7 million termination fee from Conexant because the rival chip maker accepted a buyout offer from a private-equity firm.
-------------------
Read more of Inside Long Island Business
Boaters feeling pinch at pump ... Weekend weather outlook ... USA 250: Burning of the hay ... FeedMe: Sandbox food trucks ... Get the latest news and more great videos at NewsdayTV
Boaters feeling pinch at pump ... Weekend weather outlook ... USA 250: Burning of the hay ... FeedMe: Sandbox food trucks ... Get the latest news and more great videos at NewsdayTV




