HOKU had a strong session on Thursday, trading up over 37% to close the regular session at $5.17 after the company announced that the Navy has officially accepted the first two of 10 planned fuel-cell power plants incorporating its technology. The stock opened strong and continued higher throughout the day on the news, opening at $4.08 and hitting an intraday high of $5.40 before pulling back slightly and closing at $5.17. Volume was very heavy, with over 2.2 million shares of the stock changing hands, compared to a normal daily average volume of just over 230k shares traded. As of Thursday’s close, HOKU had a market cap of just under $85 million dollars. HOKU is continuing higher in the afterhours session, currently up another 1.55%.
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