FCC Ban Triggers Overdue NetGear Stock Surge

Wi-Fi router manufacturer NetGear Inc (NASDAQ:NTGR) is surging 9.8% higher this morning, last seen at $24.23, headed for its best daily pop since August. Driving today's gains is news the Federal Communications Commission (FCC) has banned all imports of foreign routers, citing national security risks.Today's bull gap has NTGR contending with its year-to-date breakeven mark, trading at levels not seen since December. Gains could be capped by the 260-day moving average, however, which sits just overhead.Short ...