Tesla Gets Hefty Upgrade to $320 a Share; SeaDrill Limited Falls on Dismal Outlook


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NASDAQ:SDRL / NASDAQ:TSLA / NASDAQ:AINV / OTC:BB:EKSO
02/26/2014 [ACCESSWIRE]

SeaDrill Limited (NYSE: SDRL) – For an in-depth report on SeaDrill Limited follow: www.BullTrends.com/stockquote/SDRL

Shares of SeaDrill Limited closed down 6.29% on Tuesday with about 14.7 million shares traded. The stock was one of the biggest losers on the NYSE. This was the biggest decline for the stock in two and a half years. The offshore drilling company postponed plans to increase its dividend. The company also cautioned that rig market growth would likely slow more than expected as oil companies reduce spending.

Tesla Motors, Inc. (NASDAQ: TSLA) – For an in-depth report on Tesla Motors, Inc. follow: www.BullTrends.com/stockquote/TSLA

Tesla Motors closed up 13.49% on about 30.8 million shares traded on Monday. The stock was one of the biggest gainers on the NASDAQ and even hit a new all-time high of $259.20 during intra-day trading. Adam Jonas, who follows Tesla for Morgan Stanley, told investors in a note that he thinks Tesla will double its share of the global car market by 2028 while supplying battery packs to other investors on the side. Jonas raised his target to $320 a share.

Apollo Investment Corporation (NASDAQ: AINV) – For an in-depth report on Apollo Investment Corporation follow: www.BullTrends.com/stockquote/AINV

Apollo Investment Corp. closed down 6.23% on about 26.6 million shares traded. It was one of the biggest decliners on the NASDAQ. The company priced the public offering of 12 million shares of its common stock, with an underwriter option of an additional 1.8 million shares. However, the firm has not yet disclosed the price at which it is listing this secondary offering. The closed-end fund currently has 224.84 million shares outstanding. The offering is expected to take place on Feb. 28, subject to customary closing conditions.

Ekso Bionics Holdings, Inc. (OTCBB: EKSO) - For an in-depth report on Ekso Bionics Holdings, Inc. follow: www.BullTrends.com/stockquote/EKSO

Shares of EKSO closed down about 22% on Tuesday on nearly 1 million shares traded. The stock was one of the biggest decliners in the OTCBB marketplace. There was no significant news to explain the fall. Ekso Bionics has developed a wearable bionic suit which enables individuals with any lower extremity weakness to stand up and walk. The suit is used to train people with neurological conditions such as stroke and traumatic brain injury to walk again.

 

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