US

Up 40% YTD, Will Nova Measuring Instruments Continue to Rally? By StockNews

© Reuters. Up 40% YTD, Will Nova Measuring Instruments Continue to Rally?

Nova Measuring Instruments (NASDAQ:) is rallying along with medical device stocks. The sector is benefitting from pent-up demand, and the economy returning to normal. Find out if NVMI will keep rallying?.Nova Measuring (NVMI) has been in business for nearly 30 years. Based in Rehovot, Israel, NVMI has more than 700 employees. NVMI makes its money through the production of metrology devices. These devices are used for the process controls required to manufacture semiconductors.
&nbsp

NVMI was priced around $70 last June. The stock steadily increased throughout the ensuing six months, breaking through the $100 benchmark a couple of weeks ago. NVMI is up nearly 42% year to date.

&nbsp

Continue reading on StockNews

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.




Source link

Related Articles

Back to top button