Facebook Inc. (NASDAQ:FB) tumbled on Friday along with other social media stocks including LinkedIn Corp (NYSE:LNKD) and micro-blogging site Twitter Inc.The advertiser adoption of new product launches in both the recent past such as FBX in Newsfeed and mobile app installs also underscores Facebook’s revenue potential. The next form of monetization could come in the form of video ads in Newsfeed. Newsfeed (both desktop but more importantly mobile) is the biggest driver of future revenue growth, so judging the stage of adoption for newsfeed monetization is critical to the overall investment thesis. Facebook Inc. (NASDAQ:FB) stock in last trading day opened at $54.93, traded the day range of $53.43 – $55.18, and closed at $53.71. The stock showed a negative performance of -3.12% in previous trading session.
A dispute between Apple Inc. (NASDAQ:AAPL) and the lawyer appointed by the federal court to examine the e-book pricing deepens further, says a report from the Wall Street Journal. According to Michael Bromwich, who is the lawyer in this case said that Apple’s characterization of his team’s activities as a “roving investigation” in fact “bear no relation whatsoever to the activities we have Apple Inc. (NASDAQ:AAPL) of obstructing the interviews between him and the senior executives more than one time Also, the lawyer alleged that the company failed to deliver the relevant documents Attempted to conduct.”In last trading activity, Apple Inc.(NASDAQ:AAPL) traded 899.74million shares and the average volume of the stock was recorded as 11.46million shares. The 52 week range of the stock is $ 385.10 – $575.14. The stock was dropped -0.99% by closing at $554.52.
Tesla Motors Inc (NASDAQ:TSLA) is currently under investigation by the National Highway Traffic Safety Administration (NHTSA) for the fire incidents. In Jan 2014, Tesla plans another software update that will enable the driver to control the air suspension ride height transitions.Tesla Motors Inc (NASDAQ:TSLA) told Business Insider that they plan to open-up the company’s Supercharger stations along different main routes in between the major cities.Tesla Motors Inc (NASDAQ:TSLA) stock on December 30, 2013, recorded a rise of 0.87% and was in a range of $150.75-$154.81 before closing at $152.44. Company’s 52-week low price is $ 32.11and 52 week high price is $194.50.
BlackBerry Ltd (NASDAQ:BBRY) announced its preliminary second quarter fiscal 2014 results. On Monday, Sept. 23, 2013, BlackBerry Ltd announced that it has signed a letter of intent agreement under which a consortium to be led by Fairfax Financial Holdings Limited has offered to acquire the company subject to due diligence.
BlackBerry Ltd (NASDAQ:BBRY) shares fell -0.55% in last trading session and was closed at $7.26, while trading in range of $ 7.25 – $7.45. Its return on equity ratio is recorded as -6.35% and its return on assets is -6.35%.
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