Liquidmetal Technologies Continues to Skyrocket (LQMT)

Liquidmetal Technologies Inc. LQMT continues to surge Thursday after disclosing a mysterious deal with Apple AAPL earlier in the week. Liquidmetal granted Apple an exclusive license to commercialize intellectual property for consumer electronic products in exchange for a license fee. According to StreetInsider.com, "Liquidmetal is an elastic-like material that stores energy much better than stainless steel or Titanium, so the news could suggest some type of bounceable or unbreakable iPhone." Financial terms weren't disclosed, but speculation has the deal exceeding $10 million. Liquidmetal is up more than 70% today, to $1.72. The stock has skyrocketed since last Friday, when it was trading at $0.28.
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