Globecomm Systems Inc. (GCOM) announced after the bell Monday that it has retained Needham & Co. to act as its financial advisor to review potential strategic alternatives to enhance shareholder value. The stock is now up 0.87 on 4K shares.
Globecomm Systems drifted gradually lower throughout Monday's session and finished down by 0.31 at $11.61. The stock closed near the middle of a month and a half long range.
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