Momentum Stocks: Apple Inc. (NASDAQ:AAPL), NetApp Inc. (NASDAQ:NTAP), KiOR Inc. (NASDAQ:KIOR), Electronic Arts Inc. (NASDAQ:EA)

Rumors and speculations about Apple Inc.’s (NASDAQ:AAPL) iPhone 6 inundate the internet months before its release. This chapter of the iPhone story is no different. Apple Inc. (NASDAQ:AAPL) stock opened at $537.44 in last session, and closed at $530.65, while the day range of Apple Inc. (NASDAQ:AAPL) stock is $529.16 – $539.66. The stock showed a positive weekly performance of -0.02%.

NetApp Inc. (NASDAQ:NTAP) plans to cut 600 jobs, or about 5 percent of its workforce, as the maker of data-storage equipment grapples with slowing sales growth caused in part by declining demand from U.S. NetApp Inc. (NASDAQ:NTAP) stock opened at $37.28 in last session, and closed at $37.16 by losing -1.82%. The 52 week range of $32.75 – $45.96. Company’s market capitalization is $12.61 billion.

KiOR Inc. (NASDAQ:KIOR) major shareholder Stuart L. Peterson unloaded 76,282 shares of the company’s stock in a transaction dated Thursday, March 13th. The stock was sold at an average price of $1.27, for a total value of $96,878.14. Following the sale, the insider now directly owns 251,522 shares in the company, valued at approximately $319,433. KiOR Inc. (NASDAQ:KIOR) stock decreased -9.60% and finished the last session at $1.13. The EPS of the stock remained -1.35. Company’s market capitalization is $120.56 million.

Electronic Arts Inc. (NASDAQ:EA) said it is laying off some employees from its PopCap videogame division, known best for making the hit title “Plants Vs. Zombies.” Electronic Arts Inc. (NASDAQ:EA) stock opened the session at $29.36, and closed the session at $29.71. The 52 week range of the Electronic Arts Inc. (NASDAQ:EA) stock remained $16.65 – $30.10 and the day range was $29.31 – $29.92.