Strength Seen in QuickLogic (QUIK): Can Its 8.4% Jump Turn into More Strength?
QuickLogic (QUIK) shares soared 8.4% in the last trading session to close at $7.26. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 15.3% gain over the past four weeks.QuickLogic is benefiting from its strategic focus on developing rad-hard FPGA technology and Australis 2.0 to address high-density defense and aerospace applications with onshore manufacturing.This maker of chips for mobile and portable electronics manufacturers is ...