SunEdison (SUNE) Recovery Signals; Upside Visualized In Newell Rubbermaid (NWL)
Shares of SunEdison, Inc. (NYSE:SUNE) climbed $0.56 (or +12.76%) to $4.95 on Tuesday’s market activity, continuing the positive momentum generated on solar stocks by the Paris Agreement – which was reached on Saturday – to reduce global greenhouse gas emissions.
70,756,746 shares of the company exchanged hands during the day, increased activity versus its average volume (3m) of 46,500,700
SUNE stock was up an extra 9% in the after-hours session.
SunEdison, which develops, manufactures, and sells silicon wafers to the semiconductor industry, has 316.72M Shares Outstanding, Market Capitalization (intraday) of $1.57B and SUNE stock 52-week range is from $2.55 to $33.45 per share
Brokerage firm RBC Capital Markets upgraded Newell Rubbermaid Inc. (NYSE:NWL) stock from an Outperform to a Top Pick rating and raised its price target from $51.00 to $60.00
NWL stock closed at $44.13, up $1.98 (or +4.70%) with a total volume of 20,325,173 shares traded on Tuesday
Newell Rubbermaid, a global marketer of consumer and commercial products, has 267.10M Shares Outstanding, Market Capitalization (intraday) of $11.79B and NWL one-year range is between $34.64 and $50.90 per share
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