Hot Movers: Tesla Motors Inc (NASDAQ:TSLA), Ford Motor Company (NYSE:F), Canadian Solar Inc. (NASDAQ:CSIQ), SolarCity Corp (NASDAQ:SCTY)

Technology Stocks News 4

Tesla Motors Inc (NASDAQ:TSLA) and Facebook (NASDAQ:FB) – became radioactive on Monday as “high beta” stocks appeared no more trendy than leisure suits. Although the major tech sector ETFs made relatively moderate declines (as seen at the conclusion of this piece), the “momentum” stocks had a major distribution day, dragging the Nasdaq lower. Tesla Motors Inc (NASDAQ:TSLA) stock performance was 0.12% in last session and finished the day at $220.44. Traded volume was 7.87million shares in the last session and the average volume of the stock remained 9.26million shares. The beta of the stock remained 0.34. Tesla Motors Inc (NASDAQ:TSLA) insider ownership is 0.20%.

Ford Motor Company (NYSE:F)’s turnaround in the U.S. has been strong — so strong that the profits from the automaker’s North American division have carried the company while it continues to work on its operations in other parts of the world. Ford Motor Company (NYSE:F) dropped -0.39 percent to $15.33 Tuesday on volume of 24.66million shares. The intra-day range of the stock was $15.29 to $15.46. Ford Motor Company (NYSE:F) has a market capitalization of $59.99billion.

Canadian Solar Inc (NASDAQ:CSIQ), the most oversold Chinese stock last week, continued to advance on Tuesday. Canadian Solar Inc (NASDAQ:CSIQ) is not extremely oversold as a result. More upside is now speculation, according to the oversold monitor below. Canadian Solar Inc. (NASDAQ:CSIQ)’s stock on Mar 25, 2014 reported a increase of 2.12% to the closing price of $33.72. Its fifty two weeks range is $3.16 -$44.50. The total market capitalization recorded $1.81billion. The overall volume in the last trading session was 3.02million shares. In its share capital, CSIQ has 50.50million outstanding shares.

SolarCity Corp (NASDAQ:SCTY) has announced via a press release today that it has entered into its largest ever rooftop solar aggregation facility agreement. The company also said it has received all of the necessary commitments for the project, which amount to $250 million. On Tuesday, shares of SolarCity Corp (NASDAQ:SCTY) advanced 1.09% to close the day at $63.26. Company return on investment (ROI) is -13.70% and its monthly performance is recorded as -19.47%. SolarCity Corp (NASDAQ:SCTY) quarterly revenue growth is 13.37%.

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