Needham & Company Latest to Drop Coverage of SunEdison (SUNE)

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SunEdison (SUNE) Surges 60% Even as Bankruptcy Looms

April 5, 2016 12:08 PM EDT

On the verge of bankruptcy, SunEdison (NYSE: SUNE) is surging 62% intra-day. It could be simply a dead-cat-bounce or there could be real money betting the equity will have value after all is said and done. It is unclear which.

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