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W&T Offshore Inc. (NYSE: WTI) shares closed down 9.09 percent this past Friday on a little over 1 million shares traded. Last Wednesday the Houston-based oil and gas company announced that it is facing being blocked from federal contracts due to pollution issues from 2009. W&T Offshore said that the federal regulatory action is undeserved and does not reflect its recent record of responsibility and compliance in the Gulf of Mexico.
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Cytomedix, Inc. (OTC: CMXI) shares closed up 22.22 percent on Friday and traded about 1.7 million shares. On November 21, 2013, Cytomedix, Inc. entered into subscription agreements with certain institutional and individual "accredited investors", with respect to the sale of 10% subordinated convertible notes and warrants to purchase shares of the Company's common stock for gross proceeds of $3 million.
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ZOOM Technologies, Inc. (NASDAQ: ZOOM) shares exploded this past Friday to close up 169.17 percent. With nearly 3.5 million shares traded, the stock had one of the highest volume advances on the NASDAQ. The company announced last Wednesday that it has entered into a Letter of Intent with Beijing Baifen Tonglian Information & Technology to acquire, directly or indirectly, all the outstanding shares of Baifen.
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Facebook, Inc. (NASDAQ: FB) shares closed up a modest 1.12 percent on Friday on nearly 23 million shares traded. Facebook is trying out a new feature inside of the News Feed that lets users surface old Facebook posts from their Timeline. The company is also testing a feature that will allow its users to save shared links for later reading.
Get more information on Facebook, Inc. and free access to the in-depth equity report at: www.TrendingWallStreet.com/stockquote/FB
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