June 17:
NEW YORK (TheStreet) -- Quantum Fuel Systems Technologies (QTWW_) stock is gaining Tuesday after the company announced it had received a large order for a lightweight back-of-cab natural gas storage system from Dillon Transport. By early afternoon, shares had spiked 25% to $5.40.
"We are excited about adding Dillon Transport as a customer and recognize them as an industry leader with strong commercialization interests in natural gas trucks," Quantum CEO Brian Olson said in a statement.
"We selected Quantum's highly innovative Back-of-Cab storage system due to the weight savings and the cost-effective aspect of this system," added Dillon Transport president Jeff Dillon.
Source: http://www.thestreet.com/story/12747465/1/why-quantum-fuel-systems-technologies-qtww-stock-is-up-today.html?
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