Stocks In News: Sprint Corporation (NYSE:S), Vringo (NASDAQ:VRNG), Advanced Micro Devices (NYSE:AMD), Micron Technology (NASDAQ:MU)

Sprint Corporation (NYSE:S) was the target of unusually large options trading activity on Tuesday. Traders acquired 12,677 put options on the company, American Banking & Market News reports. This represents an increase of 148% compared to the typical volume of 5,120 put options. Sprint Corporation (NYSE:S) stock opened today at $8.79 and is currently trading at $8.82. The stock showed a negative weekly performance of -8.88%.

Vringo, Inc. (NASDAQ:VRNG) today announced that the appeal of Vringo’s wholly-owned subsidiary I/P Engine, Inc.’s litigation against AOL, Google et al. (Appeal Nos. 13-1307 and 13-1313) will be heard May 6, 2014 at 10:00am Eastern, by the United States Court of Appeals for the Federal Circuit. Vringo, Inc. (NASDAQ:VRNG) stock opened at $3.94, in current trading session and currently is at $4.06, by gaining 3.60%. The 52 week range of the stock is $2.61 – $5.45. Company’s market capitalization is $348.84 million.

Advanced Micro Devices Inc. (NYSE:AMD) launched what it describes as the world’s fastest and most powerful graphics card: the AMD Radeon(TM) R9 295X2. Advanced Micro Devices, Inc. (NYSE:AMD) stock is currently trading at $4.01. The EPS of the stock is -0.11. Company’s market capitalization is $2.91 billion.

Micron Technology, Inc. (NASDAQ:MU) bounced back along with the tech sector yesterday, finishing at $22.21. What’s more, while some options traders were spooked by the stock’s rebound, others rolled the dice on short-term resistance for MU. Micron Technology, Inc. (NASDAQ:MU) stock opened the session at $22.58, and now is at $22.44. The 52 week range of the stock remained $9.07 – $25.68 and the day range was $22.26 – $22.83.