Optical Cable Jumps After Profit Surprise, Sends OCC Shares Up on Nasdaq
Optical Cable Corporation jumped 64% on Monday after the company posted a second-quarter profit and higher sales. The Roanoke, Virginia cabling maker climbed to $20.22, up $7.92, by 2:46 p.m. Eastern on Nasdaq. Shares hit $22.92 earlier in the session. Trading volume reached 17.8 million shares.