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Vicor Stock Surges as Royalty Revenue Boosts Growth Outlook

요약

Another upgrade for Vicor revenue guidance made its stock enticing to investors on Thursday. Shares of Vicor rose 12% to $322.55, while the added 0.4%. The power electronics company raised its sequential revenue guidance for the fiscal third quarter to more than 30%, up from prior guidance of more than 20%, Vicor said in a news release on Wednesday.