Baidu, Inc. (NASDAQ:BIDU) the leading Chinese language Internet search provider, announced the pricing of its public offering of US$1.0 billion aggregate principal amount of 2.750% notes due 2019. The notes have been registered under the U.S. Securities Act of 1933, as amended, and are expected to be listed on the Singapore Exchange Securities Trading Limited. Baidu Inc. (ADR) (NASDAQ:BIDU) stock opened today at $167.53 and is currently trading at $172.46. The stock showed a negative weekly performance of -0.64%.
Direxion Shares Exchange Traded Fund Trust (NYSEARCA:JDST) rolled out the Direxion Daily S&P 500 Bull 2X Shares (SPUU), bringing to more than four dozen the number of leveraged and inverse funds from the New York-based fund sponsor that built its reputation on such strategies. Direxion Shares Exchange Traded Fund Trust (NYSEARCA:JDST) stock opened at $25.69, in current trading session and currently is at $25.50, by losing -1.47%. The 52 week range of $13.81 – $84.45. Company’s market capitalization is 28.47 million.
Arista Networks Inc. (NYSE:ANET) handily topped its IPO price target, raising $226 million in what was only the third Silicon Valley tech offering since late March. Arista Networks Inc. (NYSE:ANET) stock is currently trading at $57.60.
Chinese internet firm and mobile apps developer Cheetah Mobile Inc. (ADR) (NYSE:CMCM) recorded a net profit of USD 3 million in the first quarter of the year, down 30 percent compared to the year-ago period, ZDNet reports. Cheetah Mobile Inc. (ADR) (NYSE:CMCM) stock opened the session at $16.58, and now is at $18.73. The 52 week range of the Cheetah Mobile Inc. (ADR) (NYSE:CMCM) stock remained $12.50 – $19.60 and the day range was $16.47 – $19.60.
VirnetX Holding (NYSEMKT:VHC) that on June 5, 2014, the United States Patent and Trademark Office (USPTO) denied all seven petitions for inter partes review filed by RPX. VirnetX Holding Corporation (NYSEMKT:VHC) stock opened today at $16.24 and is currently trading at $16.76. The stock showed a positive weekly performance of 0.68%.