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Hot Stocks in Action: International Rectifier Corporation (NYSE:IRF), Trex Co. Inc. (NYSE:TREX), Micron Technology, Inc. (NASDAQ:MU)

Hot Stocks in Action: International Rectifier Corporation (NYSE:IRF), Trex Co. Inc. (NYSE:TREX), Micron Technology, Inc. (NASDAQ:MU)
Written by
Ryan Mitchell
Published on
October 30, 2014
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InsidrFinancial

International Rectifier Corporation (NYSE:IRF) declared that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR) by means of respect to the Company's acquisition by German chip maker Infineon Technologies AG (IFNNY), expired at 11:59 p.m., New York City time, on Friday, October 24, 2014. International Rectifier Corporation (NYSE:IRF) has the market capitalization of 2.841 Billion. Shares of firm climbed 0.05% to close at $39.72 with the total traded volume of 990165. The firm has current ratio of 4.90 for the most recent quarter.Trex Co. Inc. (NYSE:TREX) declared a profit for the Q3 helped by revenue growth, compared with loss previous year. In addition, the firm has been authorized to repurchase up to 2M shares. Trex Co. Inc. (NYSE:TREX) begun last trade with a price of $39.62 and throughout the trading session climbed at a high of $40.20. The day-trade ended with 0.76% to $39.90. The stock is going forward to its 52 week low with 58.71% and lagging behind from its 52 week high price with -8.12%. TREX last month stock price volatility remained 4.16%.Micron Technology, Inc. (NASDAQ:MU) recently its board has approved the discretionary repurchase of around $1B of its outstanding common stock. Ron Foster, Micron CFO and VP of Finance, stated that in the first Q1 of 2015, they spent around $389M to eliminate their 2031B convertible senior notes and their associated share dilution. Micron Technology, Inc. (NASDAQ:MU) stock price closed at $32.28 with the total traded volume of 21 Million shares. Its price to sales ratio ended at 2.11. Its market capitalization is 34.475 Billion. The stock owned by the Financial Institutions was 96.00% while by insiders was 0.50%.

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