Tech stocks fell broadly Tuesday as the S&P 500 index headed down 3% and the Nasdaq almost as much amid worries about slowing growth in China, Europe and the U.S. Apple (AAPL) stock was, as usual, one of the top techs in the volume of shares trading hands, almost 77 million, while solar company SunEdison (SUNE) traded 51 million shares and Microsoft (MSFT) 49.7 million. Apple stock fell 4.47% and Microsoft 3.91%, while SunEdison stock gained
Solar company SunEdison (SUNE), Sprint (S) and Apple (AAPL) made up the market’s most active tech stocks Tuesday. Micron Technology (MU) and Cisco Systems (CSCO) also moved in high volume, as didMicrosoft (MSFT) and Facebook (FB), with the latter up more than 1% after an analyst price target hike. Solar Shares Fly Trading in SunEdison stock neared 66 million shares in the stock market today, more than triple its average volume. SunEdison fell a
SunEdison (SUNE) stock rose more than 4% in after-hours trading Monday following the announcement of a $1 billion facility to benefit its yieldco, TerraForm Power (TERP). The company shortly thereafter also announced plans to raise up to $500 million to sell preferred stock that can be perpetually converted to common shares, and SunEdison stock later was up 1.5% after hours. West Street Infrastructure Partners III, an infrastructure fund managed