Intevac jumps after receiving $10 mln in orders

Intevac

14/06/2021 19:29

** Shares of Intevac Inc  IVAC.O  jumping almost 8% on Mon after
the thin-film processing component maker said it received $10
mln in new orders from hard disk customers
    ** IVAC said the orders had been anticipated and are already
reflected in the co's 2021 thin-film equipment forecast provided
May 3  urn:newsml:reuters.com:*:nBw5hLcPza
    ** With a market cap of about $160 mln, IVAC down ~7% YTD vs
Nasdaq's  .IXIC  ~10% increase

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