Why These Stocks Gained: Apple Inc. (NASDAQ:AAPL), Boeing Company (NYSE:BA), American Apparel (NYSEMKT:APP), PetSmart (NASDAQ:PETM)

Technology Stocks News 14

The City of Claremont approved Monday night a development agreement with Apple Inc. (NASDAQ:AAPL) to annex land into the city for a new solar farm. Apple Inc. (NASDAQ:AAPL) stock performance was 2.06% in last session and finished the day at $95.97. Traded volume was 54.64million shares in the last session and the average volume of the stock remained 66.71million shares. The beta of the stock remained 0.88. Apple Inc. (NASDAQ:AAPL) insider ownership is 0.04%.

Aerospace giant The Boeing Company (NYSE:BA) finds itself in a fishy fight against Native Americans and environmentalists over pollution in the waterways — a disagreement that could affect where Washington state’s largest employer builds the next generation of planes.  The Boeing Company (NYSE:BA) rose 0.45 percent to $129.09 Monday on volume of 3.16million shares. The intra-day range of the stock was $127.77 to $129.50. The Boeing Company (BA) (NYSE:BA) has a market capitalization of $94.14billion.

American Apparel Inc. (NYSEMKT:APP) lender Lion Capital reportedly is demanding full repayment of its $10-million loan after negotiations between the two sides failed. American Apparel Inc (NYSEMKT:APP)’s stock on July 07, 2014 reported a increase of 1.72% to the closing price of $0.89. Its fifty two weeks range is $0.46 -$2.09. The total market capitalization recorded $153.55million. The overall volume in the last trading session was 8.60million shares. In its share capital, APP has 173.45million outstanding shares.

PetSmart Inc. (NASDAQ:PETM) said Monday that its board is considering possibly returning more money to its shareholders after an activist hedge fund bought a big stake in the company and urged it to improve its performance. On Monday, shares of PetSmart, Inc. (NASDAQ:PETM) advanced 2.48% to close the day at $68.95. Company return on investment (ROI) is 28.20% and its monthly performance is recorded as 16.67%.  PetSmart, Inc. (NASDAQ:PETM) quarterly revenue growth is -0.71%.

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