TrendingWallStreet.com Initiates Trend Analysis on CIE, VUZI, PBR, and GRPN


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NYSE:CIE / OTC:BB:VUZI / NYSE:PBR / NASDAQ:GRPN
12/03/2013 [ACCESSWIRE]

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Cobalt International Energy, Inc. (NYSE: CIE) shares closed down 16.60 percent on Monday on a little over 23 million shares traded. The stock hit a new 52-week low of $18.32 during intra-day trading. The stock had one of the largest percentage advances on the NYSE yesterday. The Company confirmed that it has successfully tested its previously announced Lontra #1 pre-salt discovery well in Block 20, offshore Angola. The company noted that the discovery well encountered both a high liquids content gas interval and an oil interval. Cobalt is partnered by BP plc (BP) and Sonangol Pesquisa e Producao, S.A., with 30% working interest each, in the block.

Get more information on Cobalt International Energy, Inc. and free access to the in-depth equity report at: www.TrendingWallStreet.com/stockquote/CIE

Vuzix Corporation (OTCBB: VUZI) shares closed up 21.83 percent on Monday with over 275,000 shares traded. The stock was one of the biggest gainers in the OTCBB market yesterday. Last month the company announced that it is sponsoring two events centered around developing apps for the M100 smart glasses.  The events are being co-sponsored by NTT DOCOMO, Inc. (NYSE:DCM, TSE:9437, LSE:NDCM) and NTT DOCOMO Ventures, Inc., the largest mobile service provider in Japan. NTT DOCOMO also recently showed the M100 to tens of thousands of attendees at CEATEC Japan 2013, the largest electronics show in Japan. 

Get more information on Vuzix Corporation and free access to the in-depth equity report at: www.TrendingWallStreet.com/stockquote/VUZI

Petr (NYSE: PBR) shares closed down 10.92 percent yesterday on a little over 53 million shares traded. After the market close this past Friday, Petrobras announced that it was given the green light finally to increase the domestic gasoline and diesel price by 4.0% and 8.0%, respectively, effective immediately.  The increase is the third time this year Petrobras has hiked prices. The stock was one of the biggest decliners on the NYSE on Monday.

Get more information on Petr and free access to the in-depth equity report at: www.TrendingWallStreet.com/stockquote/PBR

Groupon, Inc. (NASDAQ: GRPN) shares closed down 3.31 percent on Monday on a little over 32 million shares traded. Goldman Sachs has downgraded their rating on the company to neutral from buy. Groupon was listed as no longer deserving of a premium valuation against peers, and the firm cut the objective price target to $11 from $12 for the next 12 months.

Get more information on Groupon, Inc. and free access to the in-depth equity report at: www.TrendingWallStreet.com/stockquote/GRPN

 

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