Major Movers on May 13; SCTY, CSIQ, PERI, THRX, PCYC, CITZ, YUM

Shares of SolarCity Corp. (NASDAQ: SCTY) soared about 30% by afternoon trade.  Shares of The San Mateo, California-based Company, which made its IPO back in December, have jumped almost four times so far. The Company is slated to report its quarterly results after the closing bell but investors are already excited about its future projects. Lately, the Company announced completion of two projects in Sacramento. The Company also said that installations of solar panels on about 6,500 homes in Marine and Navy bases in Hawaii are under way.

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Major Movers on January 8; YUM, MON, TLLP, FIO, GME, PERI, TISI

Shares of Yum! Brands Inc. (NYSE: YUM) slumped 4.58 percent, at last check. The parent company of brands such as KFC, Pizza Hut and Taco Bell said that its sales in China will fall more than expected. The Company said that same-store-sales in KFC stores will decline as the government reviewed country’s poultry supply. Meanwhile, Wall Street firms have slashed their rating on the stock. Jefferies cut its price target on stock by $2 to $$68, Susquehanna downwardly revised its price target to $65 from $69, and UBS slashed its Price target to $69 from $73 while S&P Capital lowered its price target by $1 to $78.

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