Unusual 11 Mid-Day Movers 9/29: ASTC, LEE, SNR, NVGN Higher; SQNM, RCON, QBAK, SLTM Lower
Astrotech Corp. (Nasdaq: ASTC) 176.7% HIGHER; reported Q4 net income of $2.6 million, or $0.15 per diluted share on revenue of $10.4 million compared with a Q408 net loss of $1.5 million, or $(0.11) per diluted share on revenue of $6.1 million. Astrotech also announced today that its Board of Directors has engaged investment banking firm Lazard Ltd. to advise the Company in exploring strategic financial and business alternatives to enhance shareholder value. The range of alternatives which may be considered could include strategic acquisitions, a sale of some or all of the company’s assets or a variety of other possible transactions.
Lee Enterprises Inc. (NYSE: LEE) 48.6% HIGHER; moving higher ...
