Tech Losers: Symantec Corporation (NASDAQ:SYMC), Sunedison (NYSE:SUNE), 3D Systems Corporation (NYSE:DDD), SolarCity (NASDAQ:SCTY)

Symantec Corp. (NASDAQ:SYMC) announced that its board of directors has appointed board member Michael Brown as interim president and chief executive officer, effective immediately. Symantec Corporation (NASDAQ:SYMC) shares after opening at $18.71 moved to $18.73 on last trade day and at the end of the day closed at $18.20. Company price to sales ratio in past twelve months was calculated as 1.86 and price to cash ratio as 3.26. Symantec Corporation (NASDAQ:SYMC) showed a negative weekly performance of -9.72%.

SunEdison Inc. (NYSE:SUNE) has been lingering in multi-year-high territory this month, prompting a rush of bullish activity in its options pits. At the International Securities Exchange (ISE), for example, speculators have bought to open 5,666 calls over the past five sessions, compared to fewer than 20 puts. Sunedison Inc. (NYSE:SUNE) shares fell -5.35% in last trading session and ended the day on $20.33. SUNE return on equity ratio is recorded as -157.90% and its return on assets is -11.10%. Sunedison Inc. (NYSE:SUNE) yearly performance is 353.79%.

3D Systems (NYSE:DDD) was downgraded by equities researchers at The Street to a “hold” rating in a research report issued on Friday, American Banking and Market News reports. 3D Systems Corporation (NYSE:DDD) shares moved down -6.07% in last trading session and was closed at $56.81, while trading in range of $55.26 – $60.60. 3D Systems Corporation (NYSE:DDD) year to date (YTD) performance is -38.87%.

SolarCity Corp (NASDAQ:SCTY) on Mar. 18 announced financial results for the fourth quarter and fiscal year ended December 31, 2013. SolarCity Corp (NASDAQ:SCTY) weekly performance is -11.84%. On last trading day company shares ended up $65.05. SolarCity Corp (NASDAQ:SCTY) distance from 50-day simple moving average (SMA50) is -12.53%. Analysts mean target price for the company is $74.63.

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