Shares of Tesla Motors, Inc. (TSLA) gained nearly 4 points in early trade following comments from Chilean newspaper Pulso that Tesla is mulling a lithium venture with state miner Codelco.
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Shares of Avago Technologies Limited (AVGO) are higher by 13.28 points to $145.28 in midday trading on Thursday. The Singapore-based semiconductor company reported 4Q15 adjusted EPS of $2.51 on revenue of $1.85 billion after yesterday’s market close. The Street expected Avago to earn $2.38 a share on $1.85 billion in revenue. Midway through today’s trading, 7.79 million shares of AVGO have exchanged hands as compared to its average daily volume of 3.29 million shares.
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Sanderson Farms, Inc. (SAFM) shares surged more than 5 points to $76.10 in midday trading. Not seeing any news or rumors to account for the move. The name is currently printing a higher than average trading volume with the issue trading 706K shares, compared to the average volume of 317K. The stock began trading this morning at $74 to currently trade 7.56% higher from the prior days close of $70.66. On an intraday basis it has gotten as low as $73.36 and as high as $76.71.
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