Facebook Inc (NASDAQ:FB) is trying to deliver ‘high-quality’ links (which has been largely meant websites for print media so far) that people enjoy more, cutting linkbait and clear marketing campaigns as much as possible. There is still some room for branded ads, but of course Facebook makes its paying advertising customers a priority. Facebook Inc (NASDAQ:FB) stock opened at $70.77 in last session, and closed at $72.03, while the day range of FB stock is $70.51-$72.15.The stock showed a positive weekly performance of 6.85%.
On the charts, Micron Technology toppled the $22 mark in early January — thanks to an earnings-induced pop — and has yet to look back. However, this upward movement only highlights MU’s longer-term trajectory, and year-over-year, the equity has tacked on roughly 167% to linger near $24.44. Micron Technology, Inc. (NASDAQ:MU) has enjoyed this steady rise thanks to a lift from its 40-day moving average, which is currently located at $24.03. In light of this, the aforementioned option activity could be at the hands of a shareholder protecting her paper profits against an unexpected decline. Micron Technology, Inc. (NASDAQ:MU) stock opened at $24.32, in last session and closed at $24.85, by gained 1.76%.The 52 week range was $8.92-$25.68. Company’s market capitalization is $26.36 billion.
Cisco Systems, Inc. (NASDAQ:CSCO) systems issued bonds with short term maturities at an interest rate of 2% which is quite low compared to the current market status. Part of the raised $8 billion will be used to repay a maturing $3.75 billion debt with the rest being used for stock repurchase. The market has been volatile in the recent months of which Cisco systems would wish to support its stock through buybacks. January alone saw the company purchase stock worth $4 billion thus being left with an additional $12 billion of authorized share repurchases. Cisco Systems, Inc. (NASDAQ:CSCO) stock loosed -0.18% and finished the last session at $21.69. The EPS of the stock remained 1.51. Company’s market capitalization is $111.73 billion.
Zynga Inc (NASDAQ:ZNGA) popped up on Tuesday after the gaming company’s CEO Don Mattrick revealed plans to launch real-gaming projects in foreign markets, during a Morgan Stanley conference talk. Mattrick said that the company is trying to adopt plans which are meaningful to its P&L. He added that the company pulled off some of its titles, which it thought did not have a long lasting runway and were more of a distraction for the people. It is to be noted that its shares nosedived last July, just after Mattrick’s hiring, after it disclosed to not to pursue real-money gaming license in the U.S. Yesterday, Zynga Inc (NASDAQ:ZNGA) also confirmed to launch its title, FarmVille, on mobile. Zynga Inc (NASDAQ:ZNGA) stock opened the session at $5.55, and closed the session at $5.53. The 52 week range of the ZNGA stock remained $2.50-$5.85 and the day range was $5.48-$5.62.
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