Twitter (NYSE:TWTR)‘s stock had its “buy” rating reaffirmed by Deutsche Bank in a research note issued on Monday, ARN reports. Twitter Inc (NYSE:TWTR) stock opened today at $49.35 and is currently trading at $49.16. The stock showed a negative weekly performance of -6.30%.
The Celgene Corporation (NASDAQ:CELG) on Mar. 23 released new research findings on OTEZLA®(apremilast), the Company’s oral, selective inhibitor of phosphodiesterase 4 (PDE4), from the ESTEEM 1 and 2 phase III studies in patients with moderate to severe plaque psoriasis at the 72nd Annual Meeting of the American Academy of Dermatology (AAD) Annual Meeting in Denver, CO. In ESTEEM 1 and 2 patients received OTEZLA 30 mg twice daily (BID) or placebo for the first 16 weeks, followed by a maintenance phase through week 32 in which patients on placebo for 16 weeks were switched to OTEZLA. Patients initially randomized to OTEZLA 30 mg BID and who were PASI 75 (psoriasis area and severity index) responders at week 32 were re-randomized to either OTEZLA 30 mg BID or placebo. Celgene Corporation (NASDAQ:CELG) stock opened at $142.39, in current trading session and currently is at $144.68, by gaining 2.26%.The 52 week range of $110.53-$174.66. Company’s market capitalization is $58.74 billion.
Adobe Systems (NASDAQ:ADBE) Chairman John E. Warnock sold 50,000 shares of Adobe Systems stock on the open market in a transaction dated Monday, March 24th. The stock was sold at an average price of $65.63, for a total value of $3,281,500.00. Following the sale, the chairman now directly owns 16,088 shares of the company’s stock, valued at approximately $1,055,855. Adobe Systems Incorporated (NASDAQ:ADBE) stock is currently trading at $66.61 .The EPS of the stock is 0.53. Company’s market capitalization is $33.08 billion.
As it seeks to monetize those billion plus users, Facebook Inc (NASDAQ:FB) will be rolling out its much awaited video ads. Of course, users may not relish the idea of a video ad suddenly popping up in front of them but advertisers and certainly investors will look forward to this new format which will hopefully add billions to Facebook’s bottom-line. Facebook Inc (NASDAQ:FB) stock opened the session at $64.89, and now is at $65.70. The 52 week range of the FB stock remained $22.67-$72.59 and the day range was $64.42-$66.19.