NASDAQ New Lows: Moneygram International (NASDAQ:MGI), Tarena International (NASDAQ:TEDU), China Gerui Adv Mtals Grp (NASDAQ:CHOP), Corinthian Colleges (NASDAQ:COCO)

Moneygram International Inc (NASDAQ:MGI) stock is plummeting on Thursday after retail giant Walmart announced exclusive money transfer service Walmart-2-Walmart. The world’s largest retailer said the service, similar to Moneygram’s, will bring lower fees and simplicity to the money transfer market. Moneygram International Inc (NASDAQ:MGI) shares after opening at $15.00 moved to $15.99 on last trade day and at the end of the day closed at $ 14.81. Company price to sales ratio in past twelve months was calculated as 0.65. Moneygram International Inc (NASDAQ:MGI) showed a negative weekly performance of -17.58%.

Tarena International Inc (ADR) (NASDAQ:TEDU) a leading provider of professional education services in China, announced that it has priced its initial public offering of 15,300,000 American Depositary Shares (“ADSs”) at US$9.00 per ADS, for a total offering size of US$137.7 million, assuming the underwriters do not exercise their option to purchase additional ADSs. Tarena International Inc (ADR) (NASDAQ:TEDU) shares fell -3.30% in last trading session and ended the day on $6.74. Tarena International Inc (ADR) (NASDAQ:TEDU) return on equity ratio is recorded as 190.00% and its return on assets is -124.90%.

China Gerui Advanced Materials Group Limited (NASDAQ:CHOP) a leading high-precision, cold-rolled steel producer in China, announced unaudited financial results for the three months and twelve months ended December 31, 2013. China Gerui Adv Mtals Grp Ltd (NASDAQ:CHOP) shares moved down -16.66% in last trading session and was closed at $0.900 while trading in range of $0.89 – $1.10 – China Gerui Adv Mtals Grp Ltd (NASDAQ:CHOP) year to date (YTD) performance is -27.99%.

Corinthian Colleges, Inc. (Nasdaq:COCO) will report financial results for the third quarter ended March 31, 2014, on May 6 prior to market open. The company will host a conference call at 12:00 p.m. ET (9:00 a.m. PT) on Tuesday, May 6 to review its performance and outlook. Corinthian Colleges Inc (NASDAQ:COCO) weekly performance is -7.41%. On last trading day company shares ended up $1.25.  Corinthian Colleges Inc (NASDAQ:COCO) distance from 50-day simple moving average (SMA50) is -11.79%. Analysts mean target price for the company is $1.52.