June 7, 2017 / 3:08 PM / in 6 months

BUZZ-DragonWave Inc: Surges 52 pct on contract win from SmartSky Networks

** U.S. listed shares of Canadian wireless networking equipment maker surge 52 pct to 99 cents

** Co’s Canadian-listed stock jump nearly 51 pct to $1.31 - on track for biggest one-day pct gain in nearly 3 months

** Co gets contract to supply and install products for SmartSky Networks, an in-flight internet services provider

** Co recently clinched deals with companies like Sprint Corp, Ingram Micro Australia and Canada’s Corridor Communication

** More than 115 mln DragonWave shares traded; 57x 25-day moving avg

** Up to Tuesday’s close, shares have fallen 61.5 pct YTD

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below