Advanced Micro Devices, Inc. (NYSE:AMD) on Tuesday introduced its new offering for the sub-$300 market segment of discrete graphics cards, the Radeon R9 280. The novelty is not really something new as it is based on two years old code-named Tahiti graphics processing unit and resembles the Radeon HD 7950. Nonetheless, it will likely have better prospects on the market with a new price. Advanced Micro Devices, Inc. (NYSE:AMD) stock opened at $3.72 in last session, and closed at $3.73, while the day range of AMD stock is $3.71-$3.74.The stock showed a positive weekly performance of 0.54%.
Groupon Inc. (NASDAQ:GRPN) has resorted to a higher marketing spending in the current quarter as a way of attracting more customers to boost sales. Latest acquisitions of Ticket Monster and ideeli are also hitting hard on the company. The company plans to reduce focus on china is seen as a negative going forward considering the market base the company will be losing. Groupon Inc (NASDAQ:GRPN) stock opened at $8.57, in last session and closed at $8.52, by loosed -0.58%. The 52 week range was $5.04-$12.76.Company’s market capitalization is $5.69 billion.
Best Buy Co., Inc.’s (NYSE:BBY) investment case is whether it can find the right balance between using cost savings to fund competitiveness and rewarding shareholders. Best Buy Co., Inc. (NYSE:BBY) stock loosed -0.39% and finished the last session at $25.44. The EPS of the stock remained 1.98. Company’s market capitalization is $8.79 billion.
Zynga Inc (NASDAQ:ZNGA) best opportunity lies in gaming. CEO, Mattrick lowered the headcount from around 3400 to almost 2400 to support operations. And now, he is focusing on making Zynga Inc (NASDAQ:ZNGA) games more appealing to users for which he is effectively utilizing evergreen franchises like FarmVille, Zynga Poker andWords With Friends. To date, these games have been very successful for Zynga, and now the plan is to “give the titles more attention, especially on the mobile side,” according to the author. Zynga Inc (NASDAQ:ZNGA) stock opened the session at $5.65, and closed the session at $5.51. The 52 week range of the ZNGA stock remained $2.50-$5.85 and the day range was $5.46-$5.70.
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