Why These Stocks Gained: Sunedison Inc (NYSE:SUNE), Valeant Pharmaceuticals Intl (NYSE:VRX), MGIC Investment (NYSE:MTG), Tesla Motors Inc (NASDAQ:TSLA)

Gilead Sciences GILD NASDAQ:GILD

Solar company Sunedison Inc (NYSE:SUNE) surged 11.9% following a report that activist investor David Einhorn of Greenlight Capital had taken a position in the company. Bond prices were mixed. Sunedison Inc (NYSE:SUNE) stock performance was 11.88% in last session and finished the day at $20.06. Traded volume was 33.42million shares in the last session and the average volume of the stock remained 12.55million shares. The beta of the stock remained 2.28. Sunedison Inc (NYSE:SUNE) insider ownership is 0.57%.

The unlikely teaming up of Valeant Pharmaceuticals Intl Inc (NYSE:VRX) and Allergan’s single largest shareholder, will see Allergan’s shareholders getting $48.30 in cash and and 0.83 percent in Valeant stock for each share they own, according to a Valeant Pharmaceuticals Intl Inc (NYSE:VRX) statement today. Ackman-run Pershing Square Capital Management will support the offer. Valeant Pharmaceuticals Intl Inc (NYSE:VRX) rose 7.46 percent to $135.41 Tuesday on volume of 17.98million shares. The intra-day range of the stock was $129.17 to $137.06. Valeant Pharmaceuticals Intl Inc (NYSE:VRX) has a market capitalization of $45.15billion.

Mortgage insurer MGIC Investment Corp. (NYSE:MTG) posted a profitable first quarter as delinquent loans and losses on claims decreased, the company said Tuesday. MGIC Investment Corp. (NYSE:MTG)’s stock on Apr 22, 2014 reported a increase of 7.20% to the closing price of $8.93. Its fifty two weeks range is $4.86 -$9.46. The total market capitalization recorded $3.02billion. The overall volume in the last trading session was 15.75million shares. In its share capital, MTG has 338.04million outstanding shares.

Tesla Motors Inc. CEO Elon Musk said on Tuesday Tesla Motors Inc (NASDAQ:TSLA) still is deciding where to build its “Gigafactory” for lithium-ion batteries, but two states might be chosen at first before an ultimate winner is selected. On Tuesday, shares of Tesla Motors Inc (NASDAQ:TSLA) advanced 6.98% to close the day at $218.64. Company return on investment (ROI) is -5.00% and its monthly performance is recorded as -4.48%. Tesla Motors Inc (NASDAQ:TSLA) quarterly revenue growth is 23.75%.

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