Plantronics Inc. (PLT) Soars 6.6%

Plantronics Inc. (PLT) had a good day on the market for Friday October 11 as shares jumped 6.6% to close at $35.03. About 256,280 shares traded hands on 3,613 trades for the day, compared with an average daily volume of n/a shares out of a total float of 39.58 million. After opening the trading day at $33.67, shares of Plantronics Inc. stayed within a range of $35.41 to $33.20.

With today’s gains, Plantronics Inc. now has a market cap of $1.39 billion. Shares of Plantronics Inc. have been trading within a range of $62.97 and $26.09 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

Plantronics Inc designs and manufactures lightweight communications headsets, telephone headset systems, and other communications endpoints. The firm’s headsets are used for unified communications applications in contact centers, with mobile devices and Internet telephony, for gaming, and for other applications. Its products are shipped through a network of distributors, retailers, wireless carriers, original equipment manufacturers, and other service providers. More than half of the firm’s revenue is generated in the United States, with the rest coming from Europe, Africa, Asia Pacific, and other regions.

Plantronics Inc. is based out of Santa Cruz, CA and has some 7,490 employees. Its CEO is Joseph B. Burton.

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