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Hazmat suit maker's stock up 50% on Ebola fears
The stock market was tanking again Thursday. But one tiny company was escaping the carnage. And that's an understatement.
Lakeland Industries (LAKE), a maker of hazmat suits with sealed seaming, soared more than 50% due to growing Ebola fears.
The stock is up 160% so far this month. The trading volume has been, to put it mildly, insane. More than 47 million shares exchanged hands Thursday. The average daily volume for the stock over the past three months is just 616,000 shares.
So investors (or more likely traders) thinking about buying now need to be extremely careful.
http://money.cnn.com/2014/10/09/investing/lakeland-hazmat-suits-ebola/
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