Notable Stocks: Renren Inc. (NYSE:RENN), Yelp Inc. (NYSE:YELP), Splunk Inc. (NASDAQ:SPLK), Cannabis-RX (OTCMKTS:CANA)

Posted by on Apr 17, 2014

Joseph Chen, CEO of Renren Inc. (NYSE:RENN) the operator of a Facebook-like social networking site in China, says he is not influenced by the performance of the company’s share price, which has plunged nearly 80 percent over the past three years. Renren Inc. (NYSE:RENN) shares after opening at $3.27 moved to $3.37 on last trade day and at the end of the day closed at $3.35. Company price to sales ratio in past twelve months was calculated as 6.59 and price to cash ratio as 1.40. Renren Inc. (NYSE:RENN) showed a negative weekly performance of -0.59%.

Yelp Inc. (NYSE:YELP), the company that connects consumers with great local businesses, yesterday announced that it will issue its financial results for the first quarter ended March 31, 2014 after the market close on Wednesday, April 30, 2014. Yelp Inc. (NYSE:YELP) shares advanced 4.35% in last trading session and ended the day on $65.80. YELP return on equity ratio is recorded as -3.90% and its return on assets is -3.60%. Yelp Inc. (NYSE:YELP) yearly performance is 152.11%.

Splunk, Inc. (NASDAQ:SPLK) was a big mover last session, as the company saw its shares rise more than 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company as the stock is now down 24.71% in the past one-month time frame. Splunk Inc. (NASDAQ:SPLK) shares moved up 0.64% in last trading session and was closed at $64.77, while trading in range of $62.93 – $65.53. Splunk Inc. (NASDAQ:SPLK) year to date (YTD) performance is -5.68%.

Cannabis-Rx (OTCQB:CANA) a company focused on funding the growth of the cannabis industry in states where it is licensed or permitted for medicinal and/or recreational purposes announced the appointment of Munjit S. Johal as Treasurer and Chief Financial Officer. On last trading day company shares ended up $0.499.

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