Losers on Major News: Citigroup (NYSE:C), Moody’s Corporation (NYSE:MCO), Twitter Inc. (NYSE:TWTR), Comcast Corporation (NASDAQ:CMCSA)
Citigroup Inc., the top adviser in India for share sales, sees no recovery in initial public offers from the worst start since 2009 until investors gain clarity on policies from a new government after elections. Citigroup Inc. (NYSE:C) stock opened at $47.80 in last session, and closed at $47.61, while the day range of Citigroup ink (NYSE:C) stock is $47.55 – $48.25. The stock showed a positive weekly performance of -2.80%.
Moody’s Corporation (NYSE:MCO) on 21 February announced a conditional open offer to acquire up to 2,650,000 equity shares of ICRA Limited, a leading provider of credit ratings and research in India. Moody’s Corporation (NYSE:MCO) stock opened at $78.00 in last session, and closed at $78.66 by losing -0.43%. The 52 week range of $47.74 – $85.70. Company’s market capitalization is $16.85B.
Employees at Twitter Inc. (NYSE:TWTR) headquarters in San Francisco will soon get to take their lunch break in 19th century relics. The Marin Independent Journal reports the high-tech giant is installing a pair of low-tech log cabins from the late 1800s to serve as dining rooms. Twitter Inc. (NYSE:TWTR) stock decreased -2.19% and finished the last session at $53.71. The EPS of the stock remained -1.69. Company’s market capitalization is $19.48B.
Comcast Corporation (NASDAQ:CMCSA) announced that it had reached an agreement to acquire FreeWheel Media Inc., a video advertising platform. Comcast Corporation (NASDAQ:CMCSA) stock opened the session at $51.08, and closed the session at $51.00. The 52 week range of the Comcast Corporation (NASDAQ:CMCSA) stock remained $38.75 – 55.28 and the day range was $50.61 – 51.27.
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