Emcore up 6% in pre-market: Appoints new CEO, will separate business lines
Shares of Emcore Corp. (Nasdaq:EMKR) are up 6% in pre-market trading this morning after the provider of semiconductor-based components and subsystems said after Friday’s close that it elected a new chairman and chief executive officer and authorized plans to separate its fiber optics and photovoltaic businesses into separate corporations.
Shares gained 6.9%, or $0.47, to $7.25 in pre-market trading. For detailed price information and recent news stories about Emcore, click EMKR.
