Movers roundup: Tesla, Biogen

The Associated Press
Associated Press

Among the stock activity stories for Wednesday, June 12, from AP Business News:

— Shares of Tesla Motors Inc. rose on optimism that the electric car maker will be able to meet production targets for its new models.

— Shares of Biogen Idec Inc. fell after an analyst said the company's new multiple sclerosis treatment could face pricing pressure in Europe from generic drugs.