Groupon Inc (NASDAQ:GRPN) announced that it has hired Tony Award-Winning Broadway producer, Hugh Hysell, to lead National Broadway and Live Arts for GrouponLive. In addition to producing the Broadway productions of Vanya and Sonia and Masha and Spike and Peter and The Starcatcher, Hysell has marketed more than 200 Broadway and Off Broadway shows with his company HHC Marketing. Groupon Inc (NASDAQ:GRPN) shares after opening at $5.99 on last trade day and at the end of the day closed at $6.29. Company price to sales ratio in past twelve months was calculated as 1.57 and price to cash ratio as 4.13. Groupon Inc (NASDAQ:GRPN) showed a positive weekly performance of4.66%.
LiveDeal Inc (NASDAQ:LIVE) stock is soaring Friday after the company said it has a current cash position of almost $10 million, which it intends to invest in the company’s expected growth through acquisition. Two weeks earlier, the company said it had acquired deals site DealTicker.com. LiveDeal Inc (NASDAQ:LIVE) shares advanced 85.79% in last trading session and ended the day on $4.42. LIVE return on equity ratio is recorded as -205.00% and its return on assets is -1.59.00%. LiveDeal Inc (NASDAQ:LIVE) yearly performance is 316.98%.
Analysts at Dougherty & Co began coverage on shares of GT Advanced Technologies (NASDAQ:GTAT) in a research report issued to clients and investors on Tuesday, TheFlyOnTheWall.com reports. The firm set a “buy” rating and a $29.00 price target on the stock. Dougherty & Co’s price target indicates a potential upside of 108.93% from the stock’s previous close. GT Advanced Technologies Inc (NASDAQ:GTAT) shares moved up 8.10% in last trading session and was closed at $15.95, while trading in range of $15.09 – $16.00. GT Advanced Technologies Inc (NASDAQ:GTAT) year to date (YTD) performance is 82.91%.
On May 9, Kahn Swick & Foti, LLC (“KSF”) and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors with large financial interests that they have only until May 13, 2014 to file lead plaintiff applications in a securities class action lawsuit against CytRx Corporation (NASDAQ: CYTR). Investor losses must relate to purchases of the Company’s securities during the period of November 22, 2013 and March 13, 2014, inclusive. This action is pending in the United States District Court for the Central District of California. CytRx Corporation (NASDAQ:CYTR) shares moved up 5.25% in last trading session and was closed at $3.81, while trading in range of $3.62 – $3.94. CytRx Corporation (NASDAQ:CYTR) year to date (YTD) performance is -39.23%.
Investors shouldn’t forget SINA Corp (NASDAQ:SINA) amid all of the hoopla surrounding JD.com’s initial public offering this week. Congratulations are definitely in order for JD.com, the Chinese e-commerce company that price its shares at $19 each, above the expected range of $16-$18, and then saw them close Thursday’s session even higher, at $20.90. SINA Corp (NASDAQ:SINA) weekly performance is -2.41%. On last trading day company shares ended up $46.53. SINA Corp (NASDAQ:SINA) distance from 50-day simple moving average (SMA50) is -14.65%. Analysts mean target price for the company is $71.91.
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