Groupon Inc (NASDAQ:GRPN) surged 5.20% on Tuesday Wells Fargo’s senior analyst Trisha Dill detailed her reasoning behind a bullish view on the future of Groupon. Groupon Inc (NASDAQ:GRPN) stock opened at $10.69 in last session, and closed at $10.88, while the day range of stock is $10.69 – $11.02. The stock showed a positive weekly performance of 2.26%.
Handset makers Nokia Corporation (ADR) (NYSE:NOK) forged a new frontier on mobile photography by incorporating the technology of a point-and-shoot into the smartphone bundle. Nokia Corporation (ADR) (NYSE:NOK) stock opened at $7.04, in last session and closed at $7.03, by losing -0.14%. The 52 week range of the stock is $3.02 – $8.20. Company’s market capitalization is $26.10 billion.
Sony Corporation (ADR) (NYSE:SNE) announced that it will establish Sony Semiconductor Corporation (“SCK”) Yamagata Technology Center (“Yamagata TEC”) on March 31, 2014, utilizing the Tsuruoka Factory semiconductor-related assets held by Renesas Yamagata Semiconductor Co., Ltd. (“Renesas Yamagata Semiconductor”), which are scheduled to be transferred to Sony in accordance with the definitive agreement that Sony and Renesas Electronics Corporation (“Renesas Electronics”) executed and jointly announced on January 29, 2014. Sony Corporation (ADR) (NYSE:SNE) stock advanced 0.50% and finished the last session at $16.13. The EPS of the stock remained 0.46. Company’s market capitalization is $16.74 billion.
Zynga Inc (NASDAQ:ZNGA) will shed 15 percent of its workforce to slash costs and buy mobile game developer NaturalMotion for $527 million to refresh a stalled games pipeline, moves that sent its stock soaring 20 percent in after-hours trading. Zynga Inc (NASDAQ:ZNGA) stock opened the session at $3.53, and closed the session at $3.56. The 52 week range of the stock remained $2.50 – $4.55 and the day range was $3.49 – $3.57.
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