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NQ Mobile Inc. Delays Annual Report for 2nd Time; Tesla CEO Elon Musk Says More Gigafactories Needed

Friday, 16 May 2014 12:10 AM

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NQ Mobile Inc. (NYSE: NQ) - For an in-depth report on NQ Mobile Inc. follow: www.BullTrends.com/stockquote/NQ

Shares of NQ Mobile Inc. closed down nearly 30% on Thursday with about 20.6 million shares traded. The stock was one of the most active stocks on the NYSE. Shares fell after the company stated that it needs more time to complete its annual report. The company said it was working to file the report as soon as possible. This is the second time NQ Mobile has delayed their report as the company already stated on April 30, that it would delay the filing of its annual report for 15 days.

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

Shares of TSLA closed down 1.06% on about 6 million shares traded on Thursday. The stock was one of the most active stocks on the NASDAQ. The demand for lower cost batteries and energy storage could spark the need for hundreds of “gigafactories” similar to the one Tesla is planning to break ground on next month, according to a Bloomberg report. “I think we can probably do better than 30 percent,” CEO Elon Musk said. He also said “there’s going to need to be lots of gigafactories. Just to supply auto demand you need 200 gigafactories.”

Gentiva Health Services Inc. (NASDAQ: GTIV) - For an in-depth report on Gentiva Health Services Inc. follow: www.BullTrends.com/stockquote/GTIV

Gentiva Health Services closed up nearly 62% on about 6.6 million shares traded on Thursday. The stock was one of the biggest gainers on the NASDAQ and hit a new yearly high of $14.50 during intra-day trading. The company turned down an unsolicited bid from rival Kindred Healthcare. Under the terms of the proposed deal, Kindred would have paid $514 million of $1.6B inclusive of debt for the company.

AnythingIT, Inc. (OTCBB: ANYI) - For an in-depth report on AnythingIT, Inc. follow:  www.BullTrends.com/stockquote/ANYI

Shares of AnythingIT Inc. closed up 16.53% on about 2.2 million shares traded on Thursday. The stock was one of the biggest gainers in the OTCBB market. The company had no significant news. AnythingIT Inc. provides green technology solutions and manages equipment disposition needs of government and commercial clients by buying, reselling, or recycling computers and other technology hardware.

 

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