Stocks on the Move: Micron Technology, Inc., Gilead Sciences (NASDAQ:GILD), Netflix (NASDAQ:NFLX), SunEdison (NYSE:SUNE), Nokia Corporation (NYSE:NOK)
Micron Technology, Inc. (NASDAQ:MU) shares fell -2.53% in last trading session and ended the day at $11.58. MU Gross Margin is 29.60% and its has a return on assets of 8.60%. Micron Technology, Inc. (NASDAQ:MU) quarterly performance is -25.82%.
Micron Technology, Inc. (NASDAQ:MU) had its price objective cut by Cowen and Company from $22.00 to $20.00 in a research report published on Tuesday morning, Market Beatreports. They currently have an outperform rating on the semiconductor manufacturer’s stock.
Gilead Sciences Inc. (NASDAQ:GILD) ended the last trading day at $89.65. Company weekly volatility is calculated as 2.61% and price to cash ratio as 8.39. Gilead Sciences Inc. (NASDAQ:GILD) showed a weekly performance of 2.75%.
Gilead Sciences Inc. (NASDAQ:GILD) announced that, effective March 10, 2016, current Chairman and CEO John C. Martin, PhD will assume the role of Executive Chairman of the company. John F. Milligan, PhD, currently President and Chief Operating Officer, will be promoted to CEO and appointed to the company’s Board of Directors.
On 07 March, Netflix, Inc. (NASDAQ:NFLX) shares fell -6.00% and was closed at $95.49. NFLX EPS growth in last 5 year was -7.80%. Netflix, Inc. (NASDAQ:NFLX) year to date (YTD) performance is -16.52%.
Netflix, Inc. (NASDAQ:NFLX) will debut My Beautiful Broken Brain, a documentary executive produced by Lynch On March 18. It follows Lotje’s Sodderland journey after experiencing a traumatic stroke in 2011 and having to learn to do things like write again
SunEdison, Inc. (NYSE:SUNE) shares increased 6.74% in last trading session and ended the day at $1.90. SUNE Gross Margin is 17.60% and its has a return on assets of -7.30%. SunEdison, Inc. (NYSE:SUNE) quarterly performance is -49.60%.
On 4 March, SunEdison, Inc. (NYSE:SUNE) said that, it is planning to sell its equity stake in a 500 MW solar power project that it secured rights to develop in the state of Andhra Pradesh in India last year. The project, auctioned under the central government policy of National Solar Mission, will be the largest solar power project in India developed by a single company.
Nokia Corporation (ADR) (NYSE:NOK) caters to the Technology space. It has a net profit margin of 21.20% and weekly performance is 1.99%. On the last day of trading company shares ended up at $6.15. Nokia Corporation (ADR) (NYSE:NOK) distance from 50-day simple moving average (SMA50) is -7.63%.
On 29 February, Nokia Corporation (ADR) (NYSE:NOK) and U.K.-based operator EE demonstrated a pair of mobile edge computing-enabled services run over a MEC-enabled network at the recent Mobile World Congress event.