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Frequency Electronics Shares Rise 15% After Contract Announcement

By Stephen Nakrosis

Shares of Frequency Electronics were trading at its highest levels in over a year in Monday’s after-hours market, following news the company was awarded a contract valued at about $19 million from a U.S. aerospace contractor.

The company’s stock had risen 15% to trade at $9.53 per share in after-hours trading. The stock…


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