The lock-up agreement that expired this week applied to about 470 million shares, or 82 percent of Twitter Inc. (NYSE:TWTR) equity, held by insiders, venture capitalists and other investors. Twitter allowed one batch of shares to be sold in February, but that lockup governed only about 10 million shares, most of which were held by non-executive employees. 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%.
Google Inc. (NASDAQ:GOOG) recently released its new version of the Google Maps app for mobile users with new features including lane guidance, offline mode, new filters, Uber integration and more. Google Inc. (NASDAQ:GOOG) shares fell -2.40% in last trading session and ended the day on $515.14.
Apple Inc. (NASDAQ:AAPL) is building a team of senior medical technology executives, raising hackles in the biotechnology community and offering a hint of what the iPhone maker may be planning for its widely expected iWatch and other wearable technology. Apple Inc. (NASDAQ:AAPL) shares moved down -1.09% in last trading session and was closed at $594.41, while trading in range of $594.41 – $604.41. Apple Inc. (NASDAQ:AAPL) year to date (YTD) performance is 6.59%.
The pharmaceutical giant Merck & Co. Inc. (NYSE:MRK) is pushing forward its pipeline of drugs including a melanoma treatment that is getting priority review by federal regulators but it is also open to making deals that will accelerate its growth, top executives told a gathering of investors in Boston. Merck & Co., Inc. (NYSE:MRK) weekly performance is -2.74%. On last trading day company shares ended up $57.11. Merck & Co., Inc. (NYSE:MRK) distance from 50-day simple moving average (SMA50) is 1.17%. Analysts mean target price for the company is $58.89.
Facebook Inc. (NASDAQ:FB) for instance, originally said it would raise $5 billion in its IPO before eventually bringing in more than three times that amount. That deal remains the technology industry’s largest IPO. Facebook Inc. (NASDAQ:FB) shares after opening at $60.98 moved to $61.15 on last trade day and at the end of the day closed at $58.53. Company price to sales ratio in past twelve months was calculated as 16.85 and price to cash ratio as 11.89. Facebook Inc. (NASDAQ:FB) showed a positive weekly performance of 0.65%.
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