Tag: Rocketed

Why Solar Stocks First Solar, SunPower, and Sunnova Rocketed Higher Today

Shares of solar-related stocks First Solar (NASDAQ: FSLR), SunPower (NASDAQ: SPWR), and Sunnova Energy (NYSE: NOVA) were rocketing higher today, appreciating 18%, 17.4%, and 12.6%, respectively, as of 2:08 p.m. EDT. First Solar received a positive analyst upgrade late yesterday and was up 8% or so on Tuesday before its renewed surge today. However, it […]

Why Tesla Stock Rocketed Higher Today

Tesla (NASDAQ: TSLA) stock may be coming off its best week since last January, but investors aren’t taking profits today. Shares of the electric-vehicle (EV) leader soared higher Monday after news over the weekend that CEO Elon Musk made a surprise — and productive — trip to China. Tesla shares jumped after it was reported […]

Why PureStorage Stock Rocketed 25% Higher Today

PureStorage (NYSE: PSTG) was a standout on the stock market Thursday. The niche tech stock saw its price leap 25% higher, on the back of a strong quarterly earnings report. With its gain, PureStorage sailed well past the S&P 500 index, which rose by 0.5% on the day. A dip in headline figures, yet a […]

Why Kratos Defense & Security Stock Rocketed Higher Today

Kratos Defense & Security (NASDAQ: KTOS) beat expectations in the quarter, predicted stronger-than-expected top-line growth for 2024, and announced a significant new government contract. Investors are soaking in the good news, sending Kratos shares up 17% at the open on Wednesday. Quarterly results were on target Kratos is a second-tier defense contractor with a significant […]

Why Super Micro Computer Stock Rocketed to New Highs This Week

Week to date, shares of Super Micro Computer (NASDAQ: SMCI) were up 23% through Thursday’s market close, according to data provided by S&P Global Market Intelligence. The demand for artificial intelligence (AI)-driven computing is driving accelerating revenue growth and profits for this leading supplier of rack-scale solutions for data centers. Despite the stock’s massive run […]