{"id":33083,"date":"2014-10-07T15:36:51","date_gmt":"2014-10-07T19:36:51","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/?p=33083"},"modified":"2014-10-07T15:51:26","modified_gmt":"2014-10-07T19:51:26","slug":"the-run-on-lakeland-industries-inc-nasdaqlake-will-not-persist","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/the-run-on-lakeland-industries-inc-nasdaqlake-will-not-persist-33083","title":{"rendered":"The Run On Lakeland Industries, Inc. (NASDAQ:LAKE) Will Not Persist"},"content":{"rendered":"<p style=\"text-align: justify;\"><span style=\"color: #000000;\">Boston, MA 10\/07\/2014 (<\/span>wallstreetpr<span style=\"color: #000000;\">) \u2013\u00a0<strong>Lakeland Industries, Inc. (NASDAQ:LAKE)<\/strong> has gained 14% in today\u2019s trading session. The surge is from the news of disease Ebola detected in a patient in the U.S.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #000000;\">The disease came from a person who visited on September 20his family in Dallas, Texas. He was discharged from the hospital when his symptoms were similar to the common viruses. On further <\/span>tests<span style=\"color: #000000;\"> it was confirmed that the patient was suffering from Ebola.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #000000;\">The Ebola outbreak in West Africa has engulfed 3,000\u00a0lives\u00a0of the 6,000 infected people. This is a deadly virus and now it has travelled to the U.S.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #000000;\">There is no approved treatment for Ebola currently. As a precautionary measure the infected person and the people who came in contact with that patient, needs to be quarantined.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #000000;\">Lakeland Industries, Inc. <\/span>(NASDAQ:LAKE)<span style=\"color: #000000;\"> manufactures personal protective clothing.\u00a0<\/span><span style=\"color: #000000;\">The market is anticipating the hazmat suits manufactured by Lakeland Industries, Inc. <\/span>(NASDAQ:LAKE)<span style=\"color: #000000;\"> will have a great demand with increasing cases of Ebola. The hazmat suits are\u00a0<\/span><span style=\"color: #000000;\">used by health workers who treat the patient suffering from Ebola. The U.S. State Department has bid for approximately 160,000 hazmat suits, following the news of the first case of Ebola in the U.S.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #000000;\">The run on the stock of Lakeland Industries, Inc. <\/span>(NASDAQ:LAKE)<span style=\"color: #000000;\"> will not persist since the patient and the people who came in contact with the patient have been quarantined.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #000000;\">Recently, Lakeland Industries, Inc. <\/span>(NASDAQ:LAKE)<span style=\"color: #000000;\"> had announced the expansion of its facilities in China and Mexico. It also announced the availability of its protective apparel across the globe which will be used in taking care of patients infected with Ebola virus.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #000000;\">Lakeland Industries, Inc. <\/span>(NASDAQ:LAKE)\u2019s<span style=\"color: #000000;\"> competitor <strong>E I Du Pont De Nemours And Co (NYSE:DD)<\/strong> is trading down by 1.47% to $69.13. E I Du Pont De Nemours And Co <\/span>(NYSE:DD)<span style=\"color: #000000;\"> has also tripled its production or Ebola protection items.\u00a0<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #000000;\">Another competitor <strong>Kimberly Clark Corp (NYSE:KMB)<\/strong> is up by meagre 0.46% to $107.32.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Boston, MA 10\/07\/2014 (wallstreetpr) \u2013\u00a0Lakeland Industries, Inc. (NASDAQ:LAKE) has gained 14% in today\u2019s trading session. The surge is from the news of disease Ebola detected [&hellip;]<\/p>\n","protected":false},"author":15,"featured_media":33084,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[2236],"tags":[3811,8479,10314,9221,9223,1488,10315],"stock_ticker":[],"class_list":["post-33083","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-e-i-du-pont-de-nemours-and-co-nysedd","tag-ebola","tag-kimberly-clark-corp-nysekmb","tag-lakeland-industries-inc-nasdaqlake","tag-nasdaqlake","tag-nysedd","tag-nysekmb","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>The Run On Lakeland Industries, Inc. 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