Plug Power Inc (NASDAQ:PLUG) acquiring ReliOn is a small deal worth about $4 million. With the acquisition, Plug will get access to some of ReliOn’s patents and will own its own fuel cell stack technology. It’s surely a bit strange that Plug did not have this technology until now. Plug Power Inc (NASDAQ:PLUG) shares after opening at $7.40 moved to $7.48 on last trade day and at the end of the day closed at $6.99. Company price to sales ratio in past twelve months was calculated as 11.42 and price to cash ratio as 6.62. Plug Power Inc (NASDAQ:PLUG) showed a negative weekly performance of -3.05%.
The largest U.S. maker of memory chips, Micron Technology, Inc. (NASDAQ:MU) announced its fiscal Q2 sales that have gone on to beat analysts’ estimates. This has happened because limited supplies had bolstered prices amid low demands for computers and phones. Micron Technology, Inc. (NASDAQ:MU) shares advanced 1.23% in last trading session and ended the day on $22.17. MU return on equity ratio is recorded as 32.50% and its return on assets is 15.40%. Micron Technology, Inc. (NASDAQ:MU) yearly performance is 124.62%.
The name change of American Eagle Airlines is tied to the proliferation of regional partners that American now uses to operate regional flights on its behalf. American Eagle has become the brand of American’s regional flying, rather than the name of a specific air carrier.American Airlines Group Inc (NASDAQ:AAL) shares moved up 1.05% in last trading session and was closed at $33.72, while trading in range of $31.86-$34.33. American Airlines Group Inc (NASDAQ:AAL) year to date performance is 33.54%.
Shares of Groupon (NASDAQ:GRPN) were the recipient of a large increase in short interest during the month of January. As of March 31st, there was short interest totalling 86,780,441 shares, an increase of 17.5% from the March 14th total of 73,839,906 shares, Stock Ratings Network reports. Approximately 19.1% of the shares of the stock are short sold. Based on an average trading volume of 16,475,555 shares, the days-to-cover ratio is currently 5.3 days. Groupon Inc (NASDAQ:GRPN) weekly performance is -3.93%. On last trading day company shares ended up $7.08. Groupon Inc (NASDAQ:GRPN) distance from 50-day simple moving average is -18.58%. Analysts mean target price for the company is $11.12.
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