Losers to Watch: Finjan Holdings (NASDAQ:FNJN), Intevac (NASDAQ:IVAC), NanoString Technologies (NASDAQ:NSTG), Tasman Metals Ltd (NYSEMKT:TAS), SeaChange International (NASDAQ:SEAC)

On 23 MAY Finjan Holdings, Inc. (NASDAQ:FNJN) announced that Phil Hartstein, President Finjan Holdings, will speak at a panel at the Cowen and Company 42nd Annual Technology, Media & Telecom Conference being held at The New York Palace Hotel, New York, NY. Finjan Holdings, Inc. (NASDAQ:FNJN) weekly performance is -17.93%. On last trading day company shares ended up $4.12. Finjan Holdings, Inc. (NASDAQ:FNJN) distance from 50-day simple moving average (SMA50) is -25.31%.

Intevac, Inc. (NASDAQ:IVAC) announced it has reached a settlement agreement with Voce Capital Management LLC and its affiliates (together with VCP, “Voce Capital”), a stockholder who had nominated three directors for election to Intevac’s Board of Directors. Intevac, Inc. (NASDAQ:IVAC) shares fell -6.59% in last trading session and ended the day on $7.51. IVAC Gross Margin is 31.50% and its return on assets is -9.80%. Intevac, Inc. (NASDAQ:IVAC) quarterly performance is -3.96%.

On 3 JUNE NanoString Technologies Inc (NASDAQ:NSTG) announced that it has entered into a collaboration with Celgene Corporation to develop a companion diagnostic assay using the nCounter® Analysis System to support the clinical validation of REVLIMID® for treatment of Diffuse Large B-Cell Lymphoma (DLBCL). NanoString Technologies Inc (NASDAQ:NSTG) shares moved down -8.06% in last trading session and was closed at $15.29, while trading in range of $15.09 – $16.41. NanoString Technologies Inc (NASDAQ:NSTG) year to date (YTD) performance is -11.31%.

On 20 MAY Tasman Metals Ltd (NYSEMKT:TAS) announce that negotiations with regard to the previously disclosed potential merger of the two companies has concluded, with a decision to not proceed. This decision not to proceed with the merger was taken mutually by the Boards of Directors of both companies, after discussion with various stakeholders including shareholders and customers. Tasman Metals Ltd (NYSEMKT:TAS) ended the last trading day at $ 0.970. Company weekly volatility is calculated as 8.41% .Tasman Metals Ltd (NYSEMKT:TAS) showed a negative weekly performance of -4.90%.

On 5 JUNE SeaChange International (NASDAQ:SEAC) reported ($0.22) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.02) by $0.20. The company had revenue of $24.30 million for the quarter, compared to the consensus estimate of $30.87 million. During the same quarter in the previous year, the company posted $0.04 earnings per share. The company’s revenue for the quarter was down 31.7% on a year-over-year basis. Analysts expect that SeaChange International will post $0.35 EPS for the current fiscal year. SeaChange International (NASDAQ:SEAC) net profit margin is -2.10% and weekly performance is -9.71%. On last trading day company shares ended up $8.65. Analysts mean target price for the company is $19.00. SeaChange International (NASDAQ:SEAC) distance from 50-day simple moving average (SMA50) is -10.22%.

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