Sprint Corporation (NYSE:S)’s shares jumped 1.99% to $9.24. Sprint’s stock has been initiated with a Market Perform at Bernstein on May 22 and price target set at $8. Sprint Corporation (NYSE:S), net profit margin is -7.80% and weekly performance is 2.34%. On last trading day company shares ended up $9.20. Analysts mean target price for the company is $7.28. Sprint Corporation (NYSE:S), distance from 50-day simple moving average (SMA50) is 4.43%.
Among high flying tech stocks, Ikanos Communications, Inc. (NASDAQ:IKAN), a leading provider of advanced broadband semiconductor and software solutions for the digital home rallied 8.7% on Tuesday after the company declared that it would show its next-generation broadband access and Vx500-based multi-mode residential gateways that support xDSL, Fiber, G.fast and LTE WAN connectivity at COMPUTEX TAIPEI, June 3 – 7, 2014. Ikanos Communications, Inc. (NASDAQ:IKAN), fell 2.80% in last trading session and ended the day on $0.486. IKAN, Gross Margin is 50.80% and its return on assets is -53.10%. Ikanos Communications, Inc. (NASDAQ:IKAN), quarterly performance is -46.74%.
Intel Corporation (NASDAQ:INTC), is planning to launch a fully customizable 3D printable robot kit to market by the end of the year with a consumer version starting around $1,600. Intel Corporation (NASDAQ:INTC), shares moved up 0.64% in last trading session and was closed at $26.88, while trading in range of $26.66 – 26.94. Intel Corporation (NASDAQ:INTC), year to date (YTD) performance is 5.41%.
On May 20, 2014, Freescale Semiconductor Ltd (NYSE:FSL), is collaborating with Neusoft Corporation (“Neusoft”, SSE: 600718) and Green Hills Software to establish a comprehensive Advanced Driver Assistance Systems (ADAS) ecosystem designed to dramatically speed and simplify the creation of next-generation automotive vision applications. Freescale Semiconductor Ltd (NYSE:FSL), ended the last trading day at $22.35. Company weekly volatility is calculated as 3.04% and price to cash ratio as 9.54. Freescale Semiconductor Ltd (NYSE:FSL), showed a positive weekly performance of 5.87%.
On May 27, 2014, Vitesse Semiconductor (NASDAQ:VTSS), a leading provider of advanced IC solutions for Carrier, Enterprise andInternet of Things (IoT) networks, announced that Planet Technology Corporation is using Vitesse’s SparX™ and E-StaX™ Ethernet switch technology andSMBStaX™ software for its latest generation of Managed Layer 2/Layer 3 Smart Ethernet switch platforms targeted at SME, Enterprise and IoTapplications such as video surveillance. Vitesse Semiconductor (NASDAQ:VTSS), net profit margin is 21.30% and weekly performance is -6.88%. On last trading day company shares ended up $3.73. Analysts mean target price for the company is $4.58. Vitesse Semiconductor (NASDAQ:VTSS), distance from 50-day simple moving average (SMA50) is -3.46%.
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