Networking & Communication Devices Losers: Aruba Networks, Inc. (NASDAQ:ARUN), China Techfaith Wireless (NASDAQ:CNTF), Lantronix (NASDAQ:LTRX), Black Box Corporation (NASDAQ:BBOX)

Aruba Networks Inc. (NASDAQ:ARUN) this week introduced a new architecture designed to help businesses handle the influx of mobile devices and mobile users entering the workplace. Aruba Networks, Inc. (NASDAQ:ARUN) stock opened at $21.55 in last session, and closed at $19.99, while the day range of stock is $19.79 – $21.58. The stock showed a negative weekly performance of -6.15%.

China Techfaith Wireless Communication Technology (NASDAQ:CNTF) fell 17.9% to $2.55, after reporting Q4 results, Taomee Holdings ( TAOM ) fell 14% to $7, also after reporting Q4 results, and Lentuo International ( LAS ) slipped 11.7% to $4.30 after announcing a strategic partnership with China Orient Asset Management to finance the expansion of the used car business. China Techfaith Wireless Comm. Tech. Ltd (NASDAQ:CNTF) stock opened at $2.25, in last session and closed at $1.81, by losing -20.26%. The 52 week range of the stock is $0.95 -$3.01. Company’s market capitalization is $ 95.81 million.

TheStreet Ratings team rates Lantronix Inc (NASDAQ:LTRX) as a “sell” with a ratings score of D+. Lantronix Inc (NASDAQ:LTRX) stock decreased -5.65% and finished the last session at $2.17. The EPS of the stock remained -0.17. Company’s market capitalization is $31.82 million.

Black Box Corp. (NASDAQ:BBOX) was upgraded by equities research analysts at EVA Dimensions from an “underweight” rating to a “hold” rating in a research note issued to investors on Friday, American Banking News.com reports. Black Box Corporation (NASDAQ:BBOX) stock opened the session at $24.61, and closed the session at $23.19. The 52 week range of the stock remained $19.60 – $31.59 and the day range was $23.06 – $24.61.

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