STEC Inc. (STEC) reported third quarter EPS of $0.50 after the bell Tuesday, which came in above the consensus estimate of $0.47. The company expects to report fourth quarter EPS of $0.51 to $0.53, compared to the consensus estimate of $0.52. STEC Inc. gapped open sharply lower Wednesday and declined until mid-morning. Shares fell further in the final 90 minutes of the afternoon and closed down by $9.01 at $14.14 on the highest volume of the year. The stock sank to over a 5-month low and fell below its 200-day moving average.
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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.