Shares of Multi-Fineline Electronix Inc. (NASDAQ:
MFLX) are seeing a huge rally in trading today after the Anaheim,
California-based company announced higher than expected preliminary fiscal 2012
first-quarter net sales of $239 million.
Multi-Fineline shares rose to an intra-day high of
$25.40 in trading today, and at last check, the stock was up more than 14% on
above average volume. The rally has pushed Multi-Fineline shares above their
50-day and 200-day moving averages.
To get more information on Multi-Fineline Electronix
Inc. please click here…
