Leap Wireless Climbs After Janco Raises Rating to Strong Buy
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Leap Wireless International Inc., the San Diego-based pay-as-you-go wireless carrier, climbed the most in three weeks after Janco Partners Inc. raised its rating on the stock to strong buy.
The shares rose 4.2 percent to $6.02 at the close in New York. The stock had fallen 28 percent in 2012, its sixth straight year with a decline of at least 20 percent.