LJ International (LJI) ended 2007 on a high as strong first half results helped the company’s shares rebound 64 percent on the NASDAQ Monday (December 31.) The shares recently plunged  from $12.47 a share on July 16 to a low of $2.20 on November 21.

The jewelry manufacturer and retailer reported that net profits rose 92 percent to $1.82 million in the six months ending June 30, 2007, boosted by revenue growth at its ENZO retail division in China. Total company revenues increased 34 percent to $67.15 million. LJI shares climbed $2.25 to close Monday trading in New York at $5.72.

Read Full Story