Get all your news in one place.
100's of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Melanie Schaffer

Recent Laser IPO Nearly Triples After Timed Announcements: Here's The Bull And Bear Case

Laser Photonics Corporation (NASDAQ:LASE) gapped up for the second day in a row Friday before falling to fill most of the second empty trading range. The stock also gapped up to open the Oct. 11 session.

The higher open on Oct. 11 came after Laser Photonics announced it received an order from the U.S. Navy for its LPC-1000CTH CleanTech Laser Blasting System. On Thursday, news that Coca Cola Co (NYSE:KO) has started to use Laser Photonics’ CleanTech Handheld Laser Blasting system in the beverage giant's manufacturing facilities further boosted the stock.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.