Stocks Fell In reaction to disappointing earnings: Pandora Media (NYSE:P), Mellanox Technologies (NASDAQ:MLNX), ImmunoGen (NASDAQ:IMGN), Visa (NYSE:V)

Pandora Media (NYSE: P) shares tumbled 16.03 percent to $23.69 on weak Q1 earnings and Q2 outlook. Pandora reported a Q1 loss of $0.13 per share. Pandora Media Inc. (NYSE:P) shares after opening at $25.50 moved to $25.87 on last trade day and at the end of the day closed at $23.51. Company price to sales ratio in past twelve months was calculated as 8.21 and price to cash ratio as 10.78. Pandora Media Inc. (NYSE:P) showed a negative weekly performance of -12.99%.

Mellanox Technologies, Ltd. (NASDAQ:MLNX) reported $0.10 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.11 by $0.01. The company had revenue of $98.70 million for the quarter, compared to the consensus estimate of $102.88 million. Mellanox Technologies, Ltd. (NASDAQ:MLNX) shares fell -15.30% in last trading session and ended the day on $33.61. MLNX return on equity ratio is recorded as -3.50% and its return on assets is -2.90%. Mellanox Technologies, Ltd. (NASDAQ:MLNX) yearly performance is -37.90%.

Immunogen (NASDAQ:IMGN) issued its quarterly earnings data on Friday. The company reported ($0.44) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.27) by $0.17, Analyst Ratings Network reports. The company had revenue of $6.90 million for the quarter, compared to the consensus estimate of $13.28 million. ImmunoGen, Inc. (NASDAQ:IMGN) shares moved down -10.15% in last trading session and was closed at $12.39, while trading in range of $12.28 – $13.40. ImmunoGen, Inc. (NASDAQ:IMGN) year to date (YTD) performance is -15.54%.

Visa Inc. (NYSE:V) announced financial results for the Company’s fiscal second quarter 2014. Net income for the quarter was $1.6 billion.Visa Inc. (NYSE:V) weekly performance is -4.34%. On last trading day company shares ended up $198.93. Visa Inc. (NYSE:V) distance from 50-day simple moving average (SMA50) is -8.61%. Analysts mean target price for the company is $253.79.

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