Diamonds and Dogs
9/9/14Annie's Inc. (BNNY)
Annie's Incorporated is up big 12.59 per share or 37.57% from their previous close of 33.51. Annie's Homegrown is a California based company, which produces organic and natural based pastas, snacks and meals. They are widely recognized for their organic macaroni and cheese. Their increase in share value is correlated to their recent deal with General Mills who bought out Annie's for 820 million dollars. As the organic trend continues across the country, Annie's looks like a promising stock in the future.
GT Advanced Technologies Inc. (GTAT)
GT Advanced Technologies took a step back today as their shares went down 2.21 from 17.15 or a 12.89% decrease. GTAT stock is taking a hit because Apple released that they will not call upon GTAT for sapphire glass displays for the new iPhone six. The future of GT Advanced Technologies looks questionable moving forward without the support of Apple.