Posted at 4:22 p.m., Tuesday, June 26, 2007
Hoku Scientific shares hit 52-week high of $12.08
Advertiser Staff
Shares of Kapolei-based Hoku Scientific Inc. closed at a 52-week high of $12.08 today on the Nasdaq Stock Market. That's up $1.34, or 12.5 percent, a share.The company's stock has been rising since the announcement last week of a definitive agreement with a division of Solar-Fabrik AG for the sale and delivery of polysilicon, a material used in computer chips and solar panels. The contract was announced last year and has been expanded and now calls for up to $185 million over a seven-year period.
