Motorola Deal Lifts Irvine Sensors Stock 10%
<i> Bloomberg News</i>
Irvine Sensors Corp. stock moved up 10% Thursday after the Costa Mesa maker of sensing devices and high-density electronic packages said Motorola Inc. selected a product made by Irvine Sensors subsidiary Novalog Inc. for use in a two-way Motorola pager that’s to go into production soon.
The stock closed at $1.66, up 16 cents a share. Earlier in the day, it traded as high as $2.31.
