Companies To Watch: Vimicro International Corporation (ADR)(NASDAQ:VIMC), Cree, Inc.(NASDAQ:CREE), and Terra Tech Corp(OTCMKTS:TRTC)
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Vimicro International Corporation (ADR)(NASDAQ:VIMC) saw its value increase by 24.51% yesterday as the stock gained $1.63 to reach a new closing price of $8.28. Additionally, the stock gained fifteen more cents during after-hours trading to move to a figure of $8.43. During the day, Vimicro International Corporation (ADR)(NASDAQ:VIMC) reached a new 52 week high of $9.38. The company’s trading volume spiked to a figure of 7,259,028 on Tuesday, a number which is multiple times higher than its three month average of 395,502.
Should You Invest In Vimicro? View Our Free VIMC Analysis.
Cree, Inc.(NASDAQ:CREE) enjoyed a 1.28% increase in value yesterday as the stock gained fifty-three cents to move to a new closing price of $41.63. However, the stock traded for as little as $40.60 during the day, a new 52 week low for the company. On Tuesday, Cree, Inc.(NASDAQ:CREE) filed a lawsuit to protect the company’s LED component portfolio. The North Carolina-based company holds is attempting to prevent Harvatek Corporation and Kingbright Corporation from infringing on the company’s intellectual property.
Will Cree Benefit From This Lawsuit? Take A Look At Our Free CREE Analysis.
Terra Tech Corp(OTCMKTS:TRTC) suffered a 4.56% loss in value yesterday as the stock fell $0.011 to move to a new closing price of $0.239. The stock has traded within a range of $0.06 to $1.42 over the past 52 weeks. Terra Tech Corp(OTCMKTS:TRTC) currently has a market capitalization of $77.46 million and 291.47 million tradeable shares. The company’s trading volume spike to a figure of 3.65 million on Tuesday, a number that is 2.32 million higher than its three month average of 1.33 million.
Can Terra Tech Corp. Recover Its Lost Value? Receive A Free TRTC Analysis.
I have a confession to make – I am not always right. Sometimes, unfortunately, I will send alerts that experience losses.
I have alerted companies that rallied 100% or even 6,000% (not even joking) in under a week. Likewise, I have alerted companies that tanked 10, 20, sometimes even as much as 30 or 40%. However overall it is about the net result that delivers profits into your portfolio.
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