Hot Gainers – ONEOK Inc (OKE), Tesla Motors Inc (TSLA) and AbbVie Inc (ABBV)

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Tesla Motors
Tesla Motors

After an encouraging news stating that no manufacturer faults were found in Tesla’s vehicle manufacturing by the German Federal Motor Transport Authority, shares of Tesla Motors Inc (NASDAQ:TSLA) jumped up by +11.05%. Following the news Morgan Stanley (MS) rated shares of Tesla Motors Inc (NASDAQ:TSLA) as “Top Pick”. However, The National Highway Traffic Safety Administration has asked for the details of Tesla battery fire incident. Shares of Tesla Motors Inc (NASDAQ:TSLA) kicked off at $132.68; the stock went up as high as $144.94 during the session and after going up by 16.53% closed at a value of 144.70. Stock’s weekly performance was 19.75%.

Stock AbbVie Inc (NYSE:ABBV) was inducted in Goldman’s Conviction Buy List as a result of which shares of AbbVie Inc (NYSE:ABBV) went up by +2.76%. Shares of AbbVie Inc (NYSE:ABBV) ended at a value of $49.97 yesterday. Institutional ownership of the stock is 68.10% whereas its insider ownership is 0.06%. ABBV’s stock’s share capital has outstanding shares of 1.59 billion out of which 1.59 billion are being floated in the market.

After releasing the news that 2014’s dividend cash flow of ONEOK, Inc. (NYSE:OKE) will be somewhere between $560 million and $640 million, shares of ONEOK, Inc. (NYSE:OKE) climbed up by +3.72%. This figure is more than the accepted cash distribution that interest of limited and general partner in ONEOK Partners (OKS). On the last day of trading, share volume of ONEOK, Inc. (NYSE:OKE) stock was 2.59 million whereas its average volume share is 1.15 million. The stock started off at a value of $58.01 and went up as high as $60.28; shares jumped up by 3.91% and closed at a value of $59.51.

 

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