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Orion Energy Systems jumps 16% on data-center LED order

Orion Energy Systems said it deployed another MPHL2 LED Lighting solution for a large data-center operator, driving shares up 16% to $29 Tuesday. The stock has nearly doubled year to date.

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Shares of Orion Energy Systems rose after the company said it deployed another of its MPHL2 LED lighting solution for a large data-center operator. The stock climbed 16% to $29 Tuesday. Shares have nearly doubled in value year to date. Orion didn't disclose the name of the customer.