Solar Stock Trading Alert; EMCORE (NASDAQ: EMKR) Soars 11%
Category: Investment, Solar, Renewable Energy
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News about EMCORE Corporation
New York, NY - July 13, 2012 (Investorideas.com renewable energy/ green newswire) Investorideas.com news staff: Investorideas.com, a leader in renewable energy stock research for independent investors, issues a trading alert for solar stock EMCORE (NASDAQ: EMKR), trading up at $4.74, gaining $ 0.49 or 11.53% as of 11:48AM EDT on over 140,000 shares.
Earlier this week the Company announced that it had achieved the Company's 100th successful satellite launch and deployment with primary power supplied by EMCORE solar cells or solar panels.
The stock also just received coverage initiated by FBR Capital (outperform).
EMCORE Corporation offers a broad portfolio of compound semiconductor-based products for the fiber optics and solar power markets. EMCORE's Fiber Optics business segment provides optical components, subsystems and systems for high-speed telecommunications, Cable Television (CATV) and Fiber-To-The-Premise (FTTP) networks, as well as products for satellite communications, video transport and specialty photonics technologies for defense and homeland security applications. EMCORE's Solar Photovoltaics business segment provides products for both space and terrestrial solar power applications. For space applications, EMCORE offers high-efficiency multi-junction solar cells, Covered Interconnect Cells (CICs) and complete satellite solar panels. For terrestrial applications, EMCORE offers a broad portfolio of Concentrator Photovoltaic (CPV) multi-junction solar cells and components, as well as commercial rooftop solar concentrator systems. http://www.emcore.com.
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