Verizon Communications Inc. (NYSE:VZ)’ massive share issuance to Vodafone holders, related to the big U.S. telecommunication company’s $130 billion purchase of a 45% interest in Verizon Wireless, may have kept a lid on Verizon stock and given investors an attractive entry point. Verizon Communications Inc. (NYSE:VZ) stock opened at $47.45 in last session, and closed at $47.58, while the day range of stock is $47.21 – $47.76. The stock showed a positive weekly performance of 0.66%.
Zynga Inc (NASDAQ:ZNGA) had a reprieve earlier in the week when U.S. District June ruled shareholders who brought up a case against the company in relation to its December 2011 IPO and April 2012 secondary offering of common stock, as out of order. Zynga Inc (NASDAQ:ZNGA) stock opened at $5.23, in last session and closed at $5.06, by losing -2.88%. The 52 week range of the stock is $2.50 – $5.34. Company’s market capitalization is $4.13 billion.
Trade-Ideas LLC identified Plug Power Inc (NASDAQ:PLUG) as a “perilous reversal” (up big yesterday but down big) candidate. Plug Power Inc (NASDAQ:PLUG) stock advanced 6.86% and finished the last session at $4.67. The EPS of the stock remained -0.72. Company’s market capitalization is $546.53 million.
Cisco Systems, Inc. (NASDAQ:CSCO) EVP Wim Elfrink sold 10,000 shares of the company’s stock in a transaction dated Friday, February 28th. Cisco Systems, Inc. (NASDAQ:CSCO) stock opened the session at $21.97, and closed the session at $21.80. The 52 week range of the stock remained $19.98 – $26.49 and the day range was $21.70 – $22.11.
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