On 19 MAY Neonode, Inc (NASDAQ:NEON) announced the closing of a previously-announced private placement of common stock for $10 million in gross proceeds. Under the terms of the private placement, Neonode, Inc (NASDAQ:NEON) issued to an institutional investor 2,500,000 shares of common stock at a price of $4.00 per share and a warrant to purchase an additional 2,500,000 shares of common stock at an exercise price of $5.09.Neonode, Inc (NASDAQ:NEON) weekly performance is -3.54%. On last trading day company shares ended up $3.54. Analysts mean target price for the company is $11.08. Neonode, Inc (NASDAQ:NEON) distance from 50-day simple moving average (SMA50) is -34.89%.
Orion Energy Systems, Inc. (NYSEMKT:OESX) announced that management will participate in the following investor conferences during May 2014. Institutional investors are encouraged to attend. Wednesday, May 28, 2014: Craig-Hallum Capital Group’s 11th Annual Institutional Investor Conference at the Marriott City Center in Minneapolis, MN.Thursday, May 29, 2014: The Benchmark Company One-on-One Investor Conference at The Pfister Hotel in Milwaukee, WI.Orion Energy Systems, Inc. (NYSEMKT: OESX) shares advanced 15.95% in last trading session and ended the day on $4.87. Orion Energy Systems, Inc. (NYSEMKT: OESX) quarterly performance is -10.31%.
On 19 MAY, Plug Power Inc (NASDAQ:PLUG) made fresh gains. Over the three months to March, Plug Power Inc (NASDAQ:PLUG) Power reported net losses of 6 cents a share, a penny wider than analysts surveyed by Thomson Reuters expected. Revenue of $5.6 million slid 13% year over year as Plug shipped 165 units compared to 238 units in the year-ago quarter. Plug Power Inc (NASDAQ:PLUG) shares moved up 0.68% in last trading session and was closed at $4.43, while trading in range of $4.36 – $4.55. Plug Power Inc (NASDAQ:PLUG) year to date (YTD) performance is 185.81%.
Corning Incorporated (NYSE:GLW) ended the last trading day at $21.15. Company weekly volatility is calculated as 1.53% and price to cash ratio as 4.93. Corning Incorporated (NYSE:GLW) showed a negative weekly performance of -0.19%.
Leave a Reply