Shares of WMS Industries Inc. (NYSE: WMS) are
soaring in trading today after the Waukegan, Illinois-based company announced
its second-quarter fiscal 2012 financial results. The company reported
second-quarter revenue of $162.2 million and net income of $16.1 million.
WMS Industries shares rose to an intra-day high of
$24.17 in trading today. At last check, the stock was trading up more than 14%
on above average volume. The rally has pushed WMS shares above their 50-day
moving average.
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