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NEW YORK (AP) - Metrologic Instruments Inc. stock rose Wednesday after the maker of bar-code scanners reported stronger-than-expected fourth-quarter earnings.
Shares of Blackwood, N.J.-based Metrologic rose $3.41, or 17 percent, to close at $23.57 Wednesday on the Nasdaq Stock Market.
The company said after the bell Tuesday it earned $8.95 million, or 39 cents a share, on sales of $61 million in the fourth quarter.
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