Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Shares in “designer and manufacturer of products and sub-systems for the aerospace & defence, telecommunications infrastructure and space markets” Filtronic (FTC) have in recent months risen from 11p to above 17p. Now what of them back towards 15p on a results announcement for the company’s year ended 31st May 2023?
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