Shares of Lakeland Industries, Inc. (LAKE) surged after the company reported first-quarter results that returned to profitability.
The stock is currently trading at $11.25, up $1.71 or 17.92%, on the Nasdaq. It opened at $10.77 after closing the previous session at $9.54. The stock has traded between $7.15 and $18.00 over the past 52 weeks.
Lakeland reported first-quarter net sales of $47.4 million, up 1.4% year-over-year, driven by 11% growth in Fire Services revenue to $23.4 million.
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