PulteGroup and 2 Stocks Winning Big as DJIA Rises

PulteGroup Inc.’s (NYSE:PHM) shares jumped 4.5 percent after the home builder reported finalizing the sale of land in Colorado to an investment firm. PHM shares recently traded at $6.23, up $0.28, or 4.71%. They have traded in a 52-week range of $3.29 to $8.69. Volume today was 3,226,817 shares versus a 3-month average volume of 11,999,400 shares. The company’s trailing earnings are $-1.03 per share.

Peregrine Pharmaceuticals Inc.’s (NASDAQ:PPHM) shares climbed 4 percent after the developer of antibodies announced positive results from a preliminary test of its hepatitis-C treatment. PPHM shares recently traded at $1.04, up $0.05, or 5.05%. They have traded in a 52-week range of $0.85 to $3.10. Volume today was 959,136 shares versus a 3-month average volume of 722,490 shares. The company’s trailing earnings are $-0.56 per share.

JA Solar Holdings Co.’s (NASDAQ:JASO) shares are up 4.6 percent after the company announced a new contract to supply modules for a project in Germany. JASO shares recently traded at $1.36, up $0.04, or 3.03%. They have traded in a 52-week range of $1.21 to $8.57. Volume today was 1,247,949 shares versus a 3-month average volume of 4,336,140 shares. The company’s trailing P/E is 2.09, while trailing earnings are $0.65 per share.

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To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com