SanDisk Corporation (NASDAQ:SNDK) SSD business earns relatively higher profits compared to its NAND business because the former operates with better margins. Moreover, the SSD business is less vulnerable to the price swings that typically impact the memory chip industry. SSDs are more expensive than mechanical drives, but their sales have gained traction in the market as they are far more efficient than NAND chips. Prices for SSDs have also fallen in the last couple of years, boosting demand. SanDisk Corporation (NASDAQ:SNDK) stock opened today at $82.00 and is currently trading at $82.68.The stock showed a negative weekly performance of -3.57%.
Micron Technology (NYSE:MU) CEO Dermot Mark Durcan sold 200,000 shares of Micron Technology stock on the open market in a transaction dated Tuesday, April 15th. The shares were sold at an average price of $21.90, for a total transaction of $4,380,000.00. Following the sale, the chief executive officer now directly owns 1,946,817 shares of the company’s stock, valued at approximately $42,635,292. Micron Technology, Inc. (NASDAQ:MU) stock opened at $23.11, in current trading session and currently is at $23.35, by gaining 3.87%.The 52 week range of $9.07-$25.68. Company’s market capitalization is $25.04 billion.
Central European Media Enterprises Ltd. (NASDAQ:CETV) announced that John K. Billock has been appointed to CME’s Board of Directors and will serve as the non-executive Chairman of the Board. CME also announced the appointment of three additional Directors to its Board: Gerhard Zeiler, Iris Knobloch and Doug Shapiro. Central European Media Enterprises Ltd. (NASDAQ:CETV) stock is currently trading at $2.69 .The EPS of the stock is -2.22. Company’s market capitalization is $362.71 million.
Google Inc (NASDAQ:GOOG) audience is steadily migrating to smartphones, where the company gets less money for marketing spots than on desktops and tablets. Facebook Inc. and other rivals are also challenging Google’s dominance in the online market. Even though Chief Executive Officer Larry Page is getting more advertisers to buy promotions, with total volume rising 26%, the average price for an ad fell 9%. Google Inc (NASDAQ:GOOG) stock opened the session at $548.81, and now is at $538.56. The 52 week range of the GOOG stock remained $518.46-$604.83 and the day range was $532.36-$549.50.
Leave a Reply