Renren Inc. operates real name social networking Internet platform in the People’s Republic of China. Its platform enables its users to connect and communicate with each other, share information and user-generated content, play online games, listen to music, shop for deals and a range of other features and services. (NYSE:RENN) stock opened at $3.91 in last session, and closed at $4.78, while the day range of Renren Inc. (NYSE:RENN) stock is $3.89 – $4.79. The stock showed a positive weekly performance of 39.36%.
Technology stocks were falling today, with shares of technology companies in the S&P 500 down nearly 1.5%. In company news, XG Technology Inc. (NASDAQ:XGTI) has been up as much as is up 77% after the developer of wireless communications and spectrum sharing technologies announced it was granted a U.S. Patent for cognitive radio that will enable high-performance spectrum sharing. XG Technology Inc. (NASDAQ:XGTI) stock opened at $2.20 in last session, and closed at $4.98 by gaining 128.44%. The 52 week range of $1.12 – $12.25. Company’s market capitalization is $62.95 million.
Kroger Co., the largest U.S. supermarket chain, recently approached Safeway Inc. (NYSE:SWY) about buying part of its operations, people with knowledge of the matter said. Safeway Inc. (NYSE:SWY) stock increased 2.15% and finished the last session at $39.48. The EPS of the stock remained 1.56. Company’s market capitalization is $9.46 billion.
Plug Power Inc. (NASDAQ:PLUG)on Feb. 26 confirmed that the company has received a multi-site GenKey purchase order from Walmart Stores, Inc. to roll out its hydrogen fuel cell solution to power electric lift truck fleets at six North America distribution centres. The first of six sites will be deployed by the second quarter of 2014. Plug Power Inc. (NASDAQ:PLUG) stock opened the session at $6.96, and closed the session at $6.75. The 52 week range of the Plug Power Inc. (NASDAQ:PLUG) stock remained $0.15 – $7.09 and the day range was $6.45 – $7.01.
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