Most Active Stock Gainers on Thursday (Freddie Mac, SPWRA, FSII, Tiffany & Co.)

Freddie Mac sells $6 billion 2-year reference notes

Freddie Mac (NYSE:FRE) went up 5.13% to $1.23 on a very low volume. Freddie Mac, the No. 2 U.S. home funding company, sold $6.0 billion of two-year reference notes.

Today, the company said that the 30-year fixed-rate mortgage average fell to 4.78% with an average 0.7 point for the week ending May 27, the lowest since Dec. 3, 2009 when it averaged 4.71%. In the previous period, the average was 4.84%, and the year-ago average was 4.91%.

So far this year, the stock is down more than 13%.

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SunPower Soared after JV Agreement

SunPower Corporation (NASDAQ:SPWRA) surged 22.22% to $13.20. The company announced a definitive agreement to form a joint venture (JV) with AU Optronics Corp. (AUO). The JV will own and operate SunPower's 1.4 gigawatt third solar cell fabrication facility (Fab 3), now under construction in Malaysia. SunPower and AUO will equally own the JV and contribute equal capital funding.

So far this year the company fell more than 44%.

FSI International Jumped Sharply on Earnings Forecast

FSI International, Inc. (NASDAQ:FSII) skyrocketed 46.91% to $4.04 on high volume. The company now expects third-quarter orders to be between $28 and $30 million, from its previous outlook of $25 million to $27 million. It expects net income of $5 million to $6 million, compared with prior outlook of $2.5 million to $3 million.

In the past one year of trading sessions, the stock went up more than 861% so far.

Tiffany & Co. Rose on Robust Earnings

Tiffany & Co. (NYSE:TIF) jumped 7.50% to $46.86 after 7.61 million shares. The New York-based upscale jewelry retailer raised its profit forecast excluding items this year to $2.55 to $2.60 a share from a previous projection of as much as $2.50. Net income surged to $64.4 million, or 50 cents a share, from $24.3 million, or 20 cents, a year earlier. Sales in the quarter ended April 30 rose 22% to $633.6 million from $517.6 million.

So far, in the last one year of trading sessions the stock went up more than 77% and has jumped over 96% from its 52-week low of $23.85.

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