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Why Harmonic Stock Soared on Tuesday

TheMotleyFool

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Shares of Harmonic (NASDAQ: HLIT), a telecommunications infrastructure specialist, soared on Tuesday. The tech stock was up about 27% as of 12:25 p.m. EDT.

The stock's gain followed the company's better-than-expected second-quarter report and management's strong guidance for the rest of the year.

Image source: Getty Images.

Source Fool.com

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