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Candela comes into focus: solid technology, earnings lift stock. (Candela Laser Corp.) (Stock Watch)
Candela comes into focus
Increased investor confidence in laser technology and the fiscal operations of Wayland-based Candela Laser Corp. (CLZR-NASDAQ) is propelling the company's stock on Wall Street.
Last week Candela's stock surged to $16.25, a healthy rise over the $13 price level where it hovered throughout June. The company's 52-week high is $16.50, while its low was $5. Candela only gained its entry from the pink sheets onto the NASDAQ national market last December.
This stock market upturn also arrives on the eve of the close of its fourth fiscal quarter, the results of which will be announced last week. Richard Olsen, Candela vice president …
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