Media, Inc.

All Penny News: AmpliTech Surges over 30% After Reporting Record Results


Mississauga, ON -- (SBWIRE) -- 07/05/2016 -- Media, Inc. ( announces its latest article titled "AmpliTech Surges Over 30% After Reporting Record Results."

Companies mentioned in this article include AmpliTech Group Inc. (OTCQB:AMPG).

Article Excerpt:

The post-Brexit relief rally has faded, with global equities seeing a sharp pullback in trading today. In the U.S., the S&P 500 posted gains in each of the last four trading sessions for last week. The benchmark index closed more than 6% higher. However, as market participants in the U.S. returned on Tuesday following the long weekend, sentiment once again turned sour.

There are renewed worries over Brexit, especially its impact on UK's financial institutions. Meanwhile, there is also a risk of contagion. Not surprisingly, market participants are exiting risk assets such as equities and pouring money into safe-haven government bonds. Earlier today, yields on 50-year Swiss government bond dropped below zero for the first time ever.

In mid-day trading, the S&P 500 was down more than 0.8%. Despite the pullback in the broader market, AmpliTech Group Inc. (OTCQB:AMPG) shares are seeing a huge rally in trading today. Based in Bohemia, New York, AmpliTech Group is engaged in the designing, engineering and assembling of micro-wave component-based amplifiers. The company's products consist of radio frequency (RF) amplifiers and related subsystems, operating at multiple frequencies from 50 kilohertz (kHz) to 44 gigahertz (GHz), including Low Noise Amplifiers, Medium Power Amplifiers, oscillators, filters and custom assembly designs. The Company also offers non-recurring engineering services on a project-by-project basis.

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