Major Price/Volume Spike: SunPower (SPWR)
We are seeing a huge gap up this morning in shares of SunPower Corporation (NASDAQ: SPWR). After the close yesterday we saw an announcement that SunPower and OptiSolar signed an 800MW photovltaic supply contract with PG&E in San Luis Obispo County in California. What is interesting is that OptiSolar’s 550MW Topaz Solar Farm was taken [...]
Price/Volume Spike Alert: Verenium Corp. (VRNM, BP)
Verenium Corp. (NASDAQ: VRNM) is spiking significantly higher in pre-market trading. The company signed a biofuel production pact with BP plc (NYSE: BP). The pact will lead to cellulosic ethanol production using non-food stocks and Verenium will receive $90 Million in funding from BP over the next 18 months. The market cap before today’s spike [...]
Capstone Turbine Active After Open (CPST)
Capstone turbine Corp. (NASDAQ: CPST) is seeing a flurry of volume today after a substantial drop today and after a 35% sell-off from recent highs. Lazard Capital markets just came out defending the stock this morning. Shares are up a little more than 2% at $2.97 at 10:01 AM EST. Shares were up over 4% [...]
Price/Volume Spike: Gushan Environmental Energy (GU)
Gushan Environmental Energy Limited (NYSE: GU) is looking like a worse post-IPO by the day. We are seeing a major drop of over 20% at $9.62 in heavy volume. As of 10:02 we have seen some 550,000 shares trade hands, and average daily volume is only about 1.1 million shares. Despite today being a half [...]
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