4 Stocks Grabbing Investor’s Focus: Plug Power (NASDAQ:PLUG), Corning Incorporated (NYSE:GLW), Vicor (NASDAQ:VICR), China BAK Battery (NASDAQ:CBAK)

Posted by on Mar 14, 2014

Plug Power Inc. (Nasdaq:PLUG), a leader in providing clean, reliable energy solutions, announced the completion of its previously announced underwritten registered offering of 3,902,440 shares of its common stock. The shares were sold at a price to the public of $5.74 per share for gross proceeds of approximately $22.4 million. The shares were placed with a single investor. Plug Power Inc (NASDAQ:PLUG) stock opened at $7.58 in last session, and closed at $8.00, while the day range of PLUG stock is $6.96-$8.48.The stock showed a positive weekly performance of 25.79%.

Equities research analysts at Goldman Sachs raised their price target on shares of Corning (NYSE:GLW) from $20.00 to $23.00 in a research note issued to investors on Wednesday, AmericanBankingNews.com reports. The firm currently has a “neutral” rating on the stock.Goldman Sachs’ target price points to a potential upside of 19.42% from the company’s current price. Corning Incorporated (NYSE:GLW) stock opened at $19.33, in last session and closed at $19.17, by loosed -0.67%. The 52 week range was $12.61-$19.82.Company’s market capitalization is $26.69 billion.

Vicor Corporation (NASDAQ: VICR) reported its financial results for the fourth quarter and year ended December 31, 2013. Revenues for the fourth fiscal quarter ended December 31, 2013 increased to $55,258,000, compared to $50,424,000 for the corresponding period a year ago, and increased from $55,091,000 for the third quarter of 2013. Vicor Corp (NASDAQ:VICR) stock gained 6.01% and finished the last session at $10.93. The EPS of the stock remained -0.38.Company’s market capitalization is $421.22 million.

China BAK Battery Inc. (NASDAQ:CBAK)’s stock has seen some spectacular gains recently. In fact battery companies are having a very good run in the stock markets recently, probably on account of news that Tesla Motors Inc (NASDAQ:TSLA) was planning a gigafactory for batteries. China BAK Battery Inc. (NASDAQ:CBAK) stock opened the session at $3.86, and closed the session at $3.99. The 52 week range of the CBAK stock remained $0.59-$4.78 and the day range was $3.51-$4.20.

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