Laser Photonics Shares Rise 18% After New Distribution Agreement

Dow Jones03-21

By Chris Wack

Laser Photonics shares were up 18% to $1.82 after the company signed a distribution agreement with Incredible Supply & Logistics, a third-party logistics company specializing in supporting federal government customers and defense contractors.

The stock hit its 52-week low of 67 cents on Nov. 20, and is down 61% in the past 12 months.

The industrial laser company said the partnership will increase its customer base and expand its distributor network.

Incredible Supply & Logistics is a federal subcontractor supporting, among others, the U.S. Air Force, Army, Navy, Coast Guard and Department of State.

Write to Chris Wack at chris.wack@wsj.com

(END) Dow Jones Newswires

March 21, 2024 11:18 ET (15:18 GMT)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2421040227?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-03-21 23:18","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2421040227","market":"other","top_or_hot":-1,"title":"Laser Photonics Shares Rise 18% After New Distribution Agreement","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Chris Wack \n</p>\n<pre>\n \n</pre>\n<p>\n   Laser Photonics shares were up 18% to $1.82 after the company signed a distribution agreement with <a href=\"https://laohu8.com/S/RDR.SI\">Incredible</a> Supply &amp; Logistics, a third-party logistics company specializing in supporting federal government customers and defense contractors. \n</p>\n<p>\n  The stock hit its 52-week low of 67 cents on Nov. 20, and is down 61% in the past 12 months. \n</p>\n<p>\n  The industrial laser company said the partnership will increase its customer base and expand its distributor network. \n</p>\n<p>\n  Incredible Supply &amp; Logistics is a federal subcontractor supporting, among others, the U.S. Air Force, Army, Navy, Coast Guard and Department of State. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Chris Wack at chris.wack@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 21, 2024 11:18 ET (15:18 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Laser Photonics Shares Rise 18% After New Distribution Agreement</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLaser Photonics Shares Rise 18% After New Distribution Agreement\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-03-21 23:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://dowjonesnews.com/newdjn/logon.aspx?AL=N><strong>Dow Jones</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>By Chris Wack \n\n\n \n\n\n   Laser Photonics shares were up 18% to $1.82 after the company signed a distribution agreement with Incredible Supply & Logistics, a third-party logistics company specializing ...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK6027","symbol_name":"贸易公司与经销商","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2421040227","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2421040227","pubTimestamp":1711034280,"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Laser Photonics shares were up 18% to $1.82 after the company signed a distribution agreement with Incredible Supply & Logistics, a third-party logistics company specializing in supporting federal government customers and defense contractors.The stock hit its 52-week low of 67 cents on Nov. 20, and is down 61% in the past 12 months.The industrial laser company said the partnership will increase its customer base and expand its distributor network.Incredible Supply & Logistics is a federal subcontractor supporting, among others, the U.S. Air Force, Army, Navy, Coast Guard and Department of State.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK6027":"贸易公司与经销商","RDR.SI":"Incredible","BK6515":"技术设备股","BK4161":"工业机械","LASE":"Laser Photonics Corp."},"translate_title":"新分销协议后，激光光子学股价上涨18%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"LASE":0.9,"RDR.SI":0.8},"content_text":"By Chris Wack \n\n\n \n\n\n   Laser Photonics shares were up 18% to $1.82 after the company signed a distribution agreement with Incredible Supply & Logistics, a third-party logistics company specializing in supporting federal government customers and defense contractors. \n\n\n  The stock hit its 52-week low of 67 cents on Nov. 20, and is down 61% in the past 12 months. \n\n\n  The industrial laser company said the partnership will increase its customer base and expand its distributor network. \n\n\n  Incredible Supply & Logistics is a federal subcontractor supporting, among others, the U.S. Air Force, Army, Navy, Coast Guard and Department of State. \n\n\n \n\n\n  Write to Chris Wack at chris.wack@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 21, 2024 11:18 ET (15:18 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.24.2","shortVersion":"4.24.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2421040227"}