Chegg Inc (NYSE:CHGG) shares plunged in the current trading session after Bank of America slashed its ratings for CHGG stock from “Buy” to “Neutral” in a research report sent to investors on Friday. The company has a market capitalization of $555.04 million. Chegg Inc (NYSE:CHGG) stock opened at $6.97 in last session, and closed at $6.17, while the day range of CHGG stock is $6.08-7.00. The stock showed a negative weekly performance of -13.34%.
CafePress Inc (NASDAQ:PRSS) was impacted due to the shorter holiday season. This also was responsible for increased labor and shipping costs as shipments had to be expedited to meet the deadlines. The company managed to ship more than 2.5 million orders during the fourth quarter, the higher costs associated with these shipments counterbalanced the increase in revenues. There was an increase in promotional activities during the fourth quarter as well. CafePress Inc (NASDAQ:PRSS) stock opened at $5.44, in last session and closed at $5.26, by losing -20.78%. The 52 week range of $4.98-7.47. Company’s market capitalization is $90.31 million.
GlobalSCAPE, Inc. (NYSEMKT :GSB) will begin trading ex-dividend on November 15, 2013. A cash dividend payment of $0.05 per share is scheduled to be paid on December 03, 2013. Shareholders who purchased GSB stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an -28.57% decrease from the prior year. GlobalSCAPE, Inc. (NYSEMKT:GSB) stock losing -19.60% and finished the last session at $2.42. The EPS of the stock remained 0.24. Company’s market capitalization is $45.45 million.
OHR Pharmaceutical Inc (NASDAQ:OHRP) has moved higher as of late, but there could definitely be trouble on the horizon for this company. That is because OHRP is now in overbought territory with an RSI value of 84.9. Furthermore, OHR Pharmaceutical currently has a Zacks Rank #4 (Sell), suggesting that investors may want to consider exiting this stock now before it falls back to Earth. OHR Pharmaceutical Inc (NASDAQ:OHRP) stock opened the session at $15.72, and closed the session at $13.34. The 52 week range of the OHRP stock remained $4.11 – $16.89 and the day range was $10.61 – $15.72.
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