Stec Inc. (Nasdaq: STEC) shares are up about 12 percent to $13.95 on more than double the stock’s average volume by about 11:30 a.m. Eastern. the winkle module storage company subscribed a $120 million deal with one of its largest customers to supply solid-state drives in the second half of 2009. The company did not announce the customer name. Stec counts IBM and Hitachi among its largest customers.  – Mike Tarasla
Thursday, July 16, 2009
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