Hoku Scientific shares up on contract
Shares of Hoku Scientific Inc. rose before the opening bell on Thursday after the supplier of silicon used in electricity-generating solar panels said its unit, Hoku Materials, received a 10-year contract worth about $678 million to supply polysilicon to Chinese solar panel maker Suntech Power Holdings Co. Ltd.
Hoku shares jumped 64.6 percent to $7.57 in electronic composite trading.
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