Plexus Corp. (PLXS) announced after the bell Wednesday that it is partnering with The Coca-Cola Co. to manufacture Coca-Cola Freestyle, a new fountain dispenser which can dispense more than 100 different branded beverages from a single freestanding unit.
Plexus Corp. gapped up sharply Thursday and spiked higher in early trade. Shares were range-bound for the remainder of the session and closed higher by $2.44 at $22.94 on above average volume. The stock rose above a 2-month range and set nearly a 9-month high.
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