Identiv Inc. (INVE) announced after the bell Wednesday that it has entered into an agreement with Cisco Systems Inc. (CSCO) to provide solutions for the Internet of Everything.
Identiv gapped up sharply Thursday and rose steadily during the first half of the morning. The stock finished higher by 3.45 at $12.40, on the highest volume in 7 months. Identiv surged to a 2 1/2 month high and re-crossed its 50 and 200-day moving averages.
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