STEC (STEC) opened higher after announcing CEO Mark Moshayedi and his brother Manouch, the...

|By:, SA News Editor

STEC (STEC) opened higher after announcing CEO Mark Moshayedi and his brother Manouch, the company's founder, had bought 275K shares in late November, but has since given up its gains. Manouch resigned as chairman and CEO in September after being charged with insider trading by the SEC.