Tuesday, April 5, 2016

Today In SunEdison: Stock Gets To UP 99.57% On the Day, Before Reversing (SUNE)

$.4191 is the top tick we're showing although some data providers are saying someone was able to procure some at $0.42, a beautiful symmetry from yesterday's $0.21 close, if true.

Some of today's headlines driving the move:

Barron's Tech Trader Daily
SunEdison: Assets Likely to Sell for Pennies, Says Needham

Credit Suisse drops SunEdison coverage, warns of technical default

USA Today
SunEdison subsidiary sues over 'diverted' funds

Wall Street Journal MoneyBeat
SunEdison CEO Cancels Wharton Graduation Speech

Well there you go.

Today In SunEdison: Down 50% But Still Trading (SUNE)

The stock is now only up 43.13% at 0.3020 but that will change, I'm sure.