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Cray Inc. (CRAY) Is Surging After $174 Million Contract Award

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Cray Inc. (CRAY: Quote) announced Thursday morning that it was awarded a $174 million deal to provide the National Nuclear Security Administration with a next generation Cray XC supercomputer and a Cray Sonexion storage system.

Cray has spiked sharply to the upside in early trade Thursday and is currently higher by 2.84 at $30.06 on above average volume. The stock has climbed to over a 2-month high.

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by RTT Staff Writer

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