Precise Biometrics Gains on Apple IPhone Sensor: Stockholm Mover
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Precise Biometrics AB, a Swedish maker of fingerprint identification technology, advanced the most in almost two weeks in Stockholm trading after Apple Inc. said its latest iPhone 5S model has a fingerprint sensor.
The shares jumped as much as 14 percent to 5.1 kronor, their steepest intraday advance since Aug. 29 and highest price since Sept. 5. The stock rose 6.7 percent to 4.77 kronor as of 12:32 p.m. local time, with trading volume at 262 percent of the daily average in the past three months.