Microvision (MVIS) Higher On Apple Speculation
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Shares of Microvision Inc. (Nasdaq: MVIS) are on the move today on unsubstantiated rumors the company's projector product could be included in a new Apple iPod.
With Apple's event scheduled for tomorrow, speculation is currently focused on this possibility of a deal between the two.
We would note that a Microvision/Apple partnership has been rumored many times in the past to no avail.
Shares of MVIS are up 15 percent to $2.71 in intra-day action.
Today's rumor sets the stock up for a big letdown or big upside based on tomorrow event.
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With Apple's event scheduled for tomorrow, speculation is currently focused on this possibility of a deal between the two.
We would note that a Microvision/Apple partnership has been rumored many times in the past to no avail.
Shares of MVIS are up 15 percent to $2.71 in intra-day action.
Today's rumor sets the stock up for a big letdown or big upside based on tomorrow event.
Get immediate access to market moving news and alerts with StreetInsider.com Premium - FREE TRIAL!
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