Superconductor Technologies (SCON) announced Tuesday morning that it has recently received purchase orders from multiple customers for its Conductus 2G HTS wire. The backlog from these purchase orders, along with other wire shipments that STI has committed to as of April 15, are expected to exhaust production capacity until at least the third quarter of 2013.
Superconductor Technologies gapped up sharply Tuesday and has continued to rise on above average volume in early trade. Shares are now up 1.95 at $4.27 and have climbed to a 3 1/2 month high.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.