Apple Inc. (NASDAQ: AAPL), the maker of iPhones and iPads, is marginally lower in mid-day trading today. At last check, AAPL was trading 0.24% lower at $547.70 on volume of 5.46 million, which is a little over a quarter of the daily average volume of 20.71 million.
AAPL has been extremely volatile in trading today. The stock has traded in a range of $543.60-$553.21. AAPL has gained more than 7.5% this week. The stock gained on Wednesday amid reports that the company is testing iPhone 6 and iOS 7.
AAPL rebounded sharply this week after struggling last month. The stock broke through $540 resistance level as a result of the rally this week.
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First Solar Inc. (NASDAQ: FSLR), a manufacturer and seller of solar modules with an advanced thin-film semiconductor technology, is soaring in mid-day trading. Solar stocks have risen sharply today after news that a company controlled by Warren Buffett’s Berkshire Hathaway Inc. (NYSE: BRK.A) acquired two solar projects from SunPower Corp. (NASDAQ: SPWR) for $2.5 billion. The investment from Buffett in the solar sector has boosted solar stocks in trading today.
FSLR is currently trading 8.66% higher at $34.76 on above average volume of 5.29 million. FSLR has gained more than 16% in the last three trading sessions.
FSLR has broken through some key technical levels as a result of the rally this week. Technical indicators suggest that the upward momentum will continue.
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