First solar shares took a hit today after David Einhorn announced yesterday his liquidation in Q1. Shares moved into new all-time lows currently at 14.30 down over 6%.
Analysts took note as the recent round of earnings came in strong for meat sellers enticing shares upward. Also helping was higher retail price of chicken and beans. Companies include Smithfield foods up 2.2%, Pilgrim’s Pride up 3.9%, Sanderson Farms up 2.4% and Tyson foods up 1.4%.
Rosetta remained the hot stock of the day up over 320% to $7.00.
Geomet was among the hardest hit last trading at 6.50 down over 30%.
The dollar finished with gains as the Euro lost.
Commodities held their streak with crude, gold and silver negative while natural gas gained over 5% to 2.63.
Contributer Chris Rygh is currently pursuing his MBA in Wisconsin and has a passion for the Market. Comments can be directed to ryghcw19@uww.edu