Losers on Major News: General Motors (NYSE:GM), Tesla Motors Inc (NASDAQ:TSLA), Plug Power (NASDAQ:PLUG), Ballard Power Systems (NASDAQ:BLDP)

General Motors Company (NYSE:GM) plans to sell entry-level Opel models in Europe as the automaker responds to where it sees the strongest demand in the region. General Motors Company (NYSE:GM) stock opened at $37.00 in last session, and closed at $35.18, while the day range of stock is $35.02- $37.12. The stock showed a negative weekly performance of -4.74 %.

Equities researchers at Bank of America lifted their price objective on shares of Tesla Motors (NASDAQ:TSLA) from $65.00 to $75.00 in a research report issued on Monday,AnalystRatingsNetwork.com reports. Tesla Motors Inc (NASDAQ:TSLA) stock opened at $236.50, in last session and closed at $ 234.41, by losing -1.85%. The 52 week range of the stock is $34.92 – $265.00. Company’s market capitalization is $28.88 billion.

Plug Power (NASDAQ:PLUG) plunged 41.51% due to being called a “casino stock” by an analyst. Plug Power Inc (NASDAQ:PLUG) stock decreased -41.5% and finished the last session at $6.03. The EPS of the stock remained -0.72. Company’s market capitalization is $641.23 million.

Ballard Power Systems Inc. (USA)(NASDAQ:BLDP) on Mar. 4 announced that 4,935,600 warrants to purchase shares – which were issued as part of two underwritten offerings closed in 2013 – have been exercised, generating proceeds of approximately US $7.6 million. Ballard Power Systems Inc. (USA) (NASDAQ:BLDP) stock opened the session at $7.61, and closed the session at $5.10. The 52 week range of the stock remained $0.76 – $8.38 and the day range was $ 5.01- $8.38.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *