Early Decliners: Parametric Sound (NASDAQ:HEAR), Eagle Rock Energy Partners, L.P. (NASDAQ:EROC), Silicom Ltd. (NASDAQ:SILC), Xilinx, Inc. (NASDAQ:XLNX)

Posted by on Apr 24, 2014

Parametric Sound Corp (NASDAQ:HEAR) announced the pricing of an underwritten offering of 4 million shares of its common stock at a price to the public of $10.00 per share. The Company has also granted the underwriters an option to purchase up to 600,000 additional shares of its common stock at the public offering price to cover over-allotments, if any. The offering is expected to close on or about April 29, 2014, subject to satisfaction of customary closing conditions. Parametric Sound Corp (NASDAQ:HEAR) stock opened today at $10.00 and is currently trading at $9.60. The stock showed a positive weekly performance of 12.46%.

Eagle Rock Energy Partners, L.P. (NASDAQ:EROC) announced a suspension of its quarterly distribution in order to preserve liquidity in advance of closing the contribution of its Midstream Business to Regency Energy Partners LP (the “Midstream Business Contribution”). Eagle Rock Energy Partners, L.P. (NASDAQ:EROC) stock opened at $4.35, in current trading session and currently is at $4.13, by loosing -14.84%.The 52 week range of $4.08-$10.52. Company’s market capitalization is $659.30 million.

Silicom Ltd. (NASDAQ:SILC) reported first quarter non-GAAP EPS of $0.57 Thursday morning, compared to $0.46 last year.  Silicom Ltd. (NASDAQ:SILC) stock is currently trading at $47.64.The EPS of the stock is 8.20. Company’s market capitalization is $340.15 million.

Xilinx Inc. (NASDAQ:XLNX) reported fourth quarter EPS of $0.53 after the close Wednesday, compared to $0.47 last year. The consensus estimate was for EPS of $0.55. Xilinx, Inc. (NASDAQ:XLNX) stock opened the session at $49.43, and now is at $47.47. The 52 week range of the XLNX stock remained $36.22-$55.59 and the day range was $47.31-$49.60.

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