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Singing Machine Co. Gains 10%

Shares of Singing Machine Company, Inc. (MICS) are gaining nearly 10% on Monday morning.

MICS is currently trading at $6.04, up $0.54 or 9.82%, on the Nasdaq. The stock opened its trading at $6.29 after closing Friday's trading at $5.50. The stock has traded between $2.39 and $10.10 in the past 52-week period.

Singing Machine engages in the development, marketing, and sale of consumer karaoke audio equipment, accessories, and musical recordings in North America, Europe, and Australia.

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