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Astrotech Corp. (ASTC) Is Spiking Higher After CEO Invests

Astrotech Corp. (ASTC) announced after the bell Tuesday that Thomas B. Pickens III, its Chairman and Chief Executive Officer, has purchased 866,950 shares of its Series B convertible preferred stock for $2.35 per share.

Astrotech gapped up at the open Wednesday and has spiked higher in early trade. The stock is now up 0.76 at $3.09 and has jumped to a 2-week high.

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