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BIND Therapeutics Inc. (NASDAQ: BIND) shares declined 1.11 percent to close at $15.10 a share Tuesday. The stock traded between $14.76 and $15.89 on volume of 285,302 shares traded. Cowen and Co., Credit Suisse and Stifel Nicolaus have all recently initiated coverage on the company with a "buy" rating. Shares of BIND Therapeutics have gained approximately 7.0 percent since its initial public offering.
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Demand Media Inc. (NYSE: DMD) shares declined 8.72 percent to close at $5.34 a share Tuesday. The stock traded between $5.31 and $5.85 on volume 1.15 million shares traded. The company announced it has accepted the resignation of Richard Rosenblatt as Chairman and CEO. Shares of Demand Media have fallen approximately 42.0 percent year-to-date.
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ITT Educational Services, Inc. (NYSE: ESI) shares gained 3.03 percent to close at $31.94 a share Tuesday. The stock traded between $31.87 and $33.29 on volume of 737,487 shares traded. Wells Fargo has recently upgraded its rating on the company to “outperform” from “market perform”. Shares of ITT Educational Services have fallen approximately 30.0 percent year-to-date.
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Molycorp Inc. (NYSE: MCP) shares dropped 21.41 percent to close at $5.58 a share Tuesday. The stock traded between $5.37 and $6.07 on volume of 34.23 million shares traded. The company announced plans for a $200 million share sale as it is running short of funds. Shares of Molycorp have fallen approximately 40.0 percent year-to-date.
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