I/OMagic Shares Rise on News of Sales Deal
<i> Bloomberg News</i>
I/OMagic Corp.’s shares on Monday climbed 36%, or 63 cents, to $2.38 as the Irvine company said Circuit City Group, the No. 2 consumer-electronics chain, will begin selling such I/OMagic products as modems, CD-ROM drives and other personal-computer peripherals. The stock is traded over the counter.
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