Stock Alert: AMAT, TSLA
by Harris Roen, Editor
Roen Financial Report
Wednesday, April 29, 2015
Today’s Alert:
Applied Materials, Inc (AMAT)
Tesla Motors Inc (TSLA)
Recent business developments cause Tesla to rise and Applied Materials to fall.
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| Applied Materials falls 8% Monday on historically large volume on news of a terminated business agreement with Tokyo Electron Ltd. AMAT is still up for the year, and has doubled in value since its lows of 2011. | Press release |
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| Tesla Motors is planning to make a big product announcement this week, which is likely to be the release of a home battery system. TSLA stock shoots up 6% in two days on large volume, and is up 13% in the last three months. | Motley Fool |
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