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MASS. MOVERS

Aspen stock hits a nearly 10-year high

    February 02, 2012

Aspen Technology Inc.’s stock rallied 13 percent to close at the highest price since April 2002. The Burlington company, a maker of software for a variety of industries, reported earnings in the second quarter of 6 cents a share, excluding some items. That beat the average analyst estimate of a loss of 5 cents. AspenTech says it provides software to optimize plant and process design, operational performance, and supply chain planning.

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