NLST Surges On Receiving OEM qualification

Netlist (NASDAQ: NLST) shares have surged by over 15% as the company received OEM qualification.

The Irvine, California-based producer of memory subsystems said that Dell (NASDAQ: DELL) has qualified NLST’s NetVault cache subsystems to support DELL’s servers and storage solutions.
NLST’s shares have dipped 55.68% so far this year, and declined 10.85% over the past week.

NLST jumped 16.96% to $2.69 at 9:54 am EDT.

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