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Harmonic Inc. (NASDAQ: HLIT) Highlighted for Surprising Price Action

Harmonic Inc. (NASDAQ: HLIT) has caught the attention of the investment community today with its bullish price action. The company’s shares are currently up 7.45% on the day to $14.06.

Harmonic Inc., together with its subsidiaries, provide video delivery software, products, system solutions, and services worldwide. The company operates in two segments, Video and Cable Access. The Video segment sells video processing, production, and playout solutions and services to cable operators, and satellite and telecommunications Pay-TV service providers, as well as to broadcast and media, including streaming media companies.

So far today, approximately 1.7M shares of Harmonic Inc. have been exchanged, as compared to an average 30-day volume of 1.07M shares.

Harmonic Inc. share prices have moved between a 52-week high of $15.8 and a 52-week low of $8.25. The stock has moved 4.39% over the past week.

To learn more about Harmonic Inc., visit the company’s website at https://www.harmonicinc.com.

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