Among the stocks which are closely watched by investors include Tesla Motors Inc (NASDAQ:TSLA), the company shares price started decline when an incident in which a Model S caught fire emerged on news media earlier in the week. Apparently on last working day of the week the stock enter in top positive territory as the CEO of the company made his comment on incident of Model S electric car, that it is one of the safer cars as compare to gasoline vehicles. Tesla Motors Inc (NASDAQ:TSLA) shares rose 4.43% to $180.98 in last trading session.
The CEO explains how a metal spears the bottom of the Model S with a maximum force of 25 tons. Because a force of this degree would be strong enough to hit a three-inch-diameter hole in the quarter-inch shield plate protecting the lower side of the car.
But analysts on average are still positive for the sale of Model S car and also for the manufacturing company. Wedbush analyst Craig Irwin has said, no doubt this incident will affect near-term sentiment, but not in orders and delivery momentum.
An activist investment fund, Jana Partners LLC, has disclosed a stake in Outerwall Inc (NASDAQ:OUTR), after this news the company in last trading session has gain and enter into positive territory. According to Jana, it holds 13.5% stake in automated retail Solutions Company and will follow strategic alternatives, as well as a sale. Outerwall Inc (NASDAQ:OUTR) shares boosted 9.43% to $57.10 in last trading session. The US Company mostly operates a network of DVD rental kiosks at grocery stores and malls.
JPMorgan had cut Alcoa Inc (NYSE:AA) third-quarter earnings prospect. According to analyst firm, has decreased 5% from 12% the company share price, due to weaker-than-expected aluminum prices. The aluminum producer, whose quarterly reports once use to indication the figurative beginning of the earnings season, has programmed to declared Q3 results on Tuesday. Alcoa Inc (NYSE:AA) shares advanced 1.27% to $7.96 in last trading session.