Twitter Inc. (NYSE:TWTR) stock sank to an all-time low after a post-IPO lock-up period preventing employees and early investors from selling expired on Tuesday. Lock-up periods prevent company insiders from selling stock following an initial public offering. CEO Dick Costolo and co-founders Jack Dorsey and Evan Williams have said that they had no plans to sell their stock when the lock-up expired, 180 days after Twitter’s initial public offering. Twitter Inc. (NYSE:TWTR) shares after opening at $35.61 moved to $36.10 on last trade day and at the end of the day closed at $31.85. Company price to sales ratio in past twelve months was calculated as 23.44 and price to cash ratio as 8.63. Twitter Inc. (NYSE:TWTR) showed a negative weekly performance of -25.27%.
Deutsche Bank AG (USA) (NYSE:DB) announced Monday that it had hired Jeff Rose as a managing director of its global consumer and retail mergers and acquisitions group, and the new head of its consumer and retail investment banking coverage in the Americas. Deutsche Bank AG (USA) (NYSE:DB) shares fell -2.26% in last trading session and ended the day on $42.41. DB return on equity ratio is recorded as 1.20%. Deutsche Bank AG (USA) (NYSE:DB) yearly performance is -9.86%.
Stock analysts at Jefferies Group raised their target price on shares of Shire PLC (ADR) (NASDAQ:SHPG) from $180.00 to $205.00 in a report issued on Friday, AnalystRatings.Net reports. Jefferies Group’s price objective suggests a potential upside of 17.49% from the company’s current price. Shire PLC (ADR) (NASDAQ:SHPG) shares moved down -2.45% in last trading session and was closed at $170.21, while trading in range of $170.06 – $172.65.
On May 2, 2014, Jude C. Buckley notified Best Buy Co., Inc. (NYSE:BBY) that he would resign as the registrant’s Chief Commercial Officer to pursue other interests, effective immediately. Mr. Buckley’s duties have been assigned to various officers within the Company while the Company conducts a search for his replacement. Best Buy Co Inc. (NYSE:BBY) weekly performance is -2.37%. On last trading day company shares ended up $25.18. Best Buy Co Inc. (NYSE:BBY) distance from 50-day simple moving average (SMA50) is -2.26%. Analysts mean target price for the company is $33.10.
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