VisionChina Media (VISN) Shares Skyrocket for Third Day In A
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VisionChina Media Inc. (Nasdaq:VISN)
The price of VISN stock has surged to a new high for the year on Wednesday's activity.
VISN , one of China's largest out-of-home digital television advertising networks on mass transportation systems, posted total revenues of $26.7 million in the second quarter of 2013, a 56.3% increase from $17.1 million sequentially, in line with VISN ‘s revenue guidance, and gross profit of $4.5 million compared to gross loss of $5.1 million in the previous quarter.
VISN stock is trading for about $7.26, up $1.08 or 17.48%, with more than 3,229,200 shares traded so far.
More about VisionChina Media Inc. (Nasdaq:VISN) at www.visionchina.cn
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