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Melville MRI maker's stock soars on profit report
Fonar Corp. of Melville, a maker of magnetic imaging machines that allow patients to sit upright instead of lying down in a tunnel, had a breakthrough on earnings Tuesday that sent its stock price up 30 percent in the first hour of trading.
Fonar shares rose to $2.53, up 59 cents, with 2.1 million shares changing hands in the first hour of trading Tuesday. The stock's 3-month average daily...
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