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Benzinga
Benzinga
Business
Alex Perry

LightPath Technologies Stock Is Rallying Wednesday: What's Going On?

Lightpath LightPath Technologies LPTH Orlando
Tornado,Cash,Torn,Crypto,Currency,Banner,And,Background.,Futuristic,Technology

Shares of Orlando-based optics and imaging company LightPath Technologies Inc (NASDAQ:LPTH) are trading higher Wednesday after the company announced it secured a $22.1 million follow-on order of infrared camera systems from a global technology company. The company’s stock jumped following the news, continuing an upward trend buoyed by recent order announcements.

What To Know: LightPath shares rose Wednesday morning after the company secured another multimillion dollar order for infrared camera systems, its second in two weeks, according to Benzinga Pro. The stock was up about 6% at the time of writing.

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