Tesla Motors Inc (NASDAQ:TSLA) just announced a $1.6 billion convertible debt offering. Tesla looks to offer $800 million of convertible senior notes due in 2019 and $800 million due in 2021 to build the world’s largest battery factory. Tesla Motors Inc (NASDAQ:TSLA) stock opened at $258.58 in last session, and closed at $253.00, while the day range of stock is $247.50 – $265.00. The stock showed a positive weekly performance of 30.65%.
Shares of SolarCity Corp (NASDAQ:SCTY) fell 5.2% to $74.45 on heavy volume. SolarCity reported fourth-quarter revenue of $47.3 million. The company said it expects to release complete financial results on March 3 . Analysts expect quarterly earnings of 55 cents a share. SolarCity Corp (NASDAQ:SCTY) stock opened at $83.54, in last session and closed at $84.93, by gaining 4.62%. The 52 week range of the stock is $15.88 – $ 88.35. Company’s market capitalization is $7.06 billion.
Anika Therapeutics, Inc. (NASDAQ:ANIK) announced it has received marketing approval for MONOVISC® from the U.S. Food and Drug Administration (FDA). MONOVISC is a single injection supplement to synovial fluid of the osteoarthritic joint, used to treat pain and improve joint mobility in patients suffering from osteoarthritis (OA) of the knee. MONOVISC is the first FDA approved single injection product with HA from a non-animal source. Anika Therapeutics, Inc. (NASDAQ:ANIK) stock advanced 33.16% and finished the last session at $45.90. The EPS of the stock remained 1.26. Company’s market capitalization is $634.59 million.
Electronic Arts Inc. (NASDAQ:EA) EVP Patrick Soderlund sold 40,000 shares of the stock in a transaction that occurred on Wednesday, February 26th. The shares were sold at an average price of $28.34, for a total value of $1,133,600.00. Electronic Arts Inc. (NASDAQ:EA) stock opened the session at $28.19, and closed the session at $28.27. The 52 week range of the stock remained $16.65 – $28.73 and the day range was $28.00 – $28.73.