ON Technology Rises on Home Depot Contract

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ON Technology

(ONTC)

shot up in the premarket session after receiving a software pact from

Home Depot

(HD) - Get Report

.

ON Technology said Home Depot will use its ON Command CCM customer-tracking product to manage more than 150,000 retail workstations in 1,300 stores.

On Instinet, ON Technology was recently up 75 cents, or 37.5%, to $2.75 a share.