Wave Systems Spikes On Obama’s Plans for a New Internet Identification System
January 10, 2011 at 11:30 AM EST
Wave Systems Corp. (WAVX) jumped 7.98 percent to $4.33 in early Monday trading. Strength being attributed to a Bloomberg story that says the Obama administration plans to announce today plans for an Internet identity system that will limit fraud and streamline online transactions, leading to a surge in Web commerce. The Bberg story was out [...]