Filtronic stock rallies as SpaceX supplier trades at levels citing order conversion
LONDON, June 30 - Filtronic plc shares moved higher on Tuesday. But the bigger point for investors is the disconnect between the radio-frequency equipment firm's valuation and the profits it has posted to date. Filtronic was bid at 270p and offered at 280p on Barclays’ delayed feed at 12:02 BST, putting the shares up 10.6% from the prior close. AJ Bell recorded the last trade at 274.9p with 1.86 million shares exchanged by 11:39 BST. The London Stock Exchange holds regular trading from 8:00 a.m. to 4:30 p.m. on weekdays.