A video ad on Facebook Inc (NASDAQ:FB), will cost advertisers about $1 million a day, but the social network won’t accept a check from just anyone. Facebook Inc (NASDAQ:FB), shares after opening at $59.67 moved to $61.35 on last trade day and at the end of the day closed at $61.22. Company price to sales ratio in past twelve months was calculated as 17.62 and price to cash ratio as 12.44. Facebook Inc (NASDAQ:FB), showed a positive weekly performance of 9.05%.
Oi SA (ADR) (NYSE:OIBR) popped 12.30% with the huge volume of 71.89 million shares extending its gains after the company raised $3.71 billion by selling stock at a price below Monday’s close, Bloomberg reports. The funding moved the company closer to its merger with Portugal Telecom SGPS SA (PT). Oi SA (ADR) (NYSE:OIBR), shares fell 1.90% in last trading session and ended the day on $1.03. Oi SA (ADR) (NYSE:OIBR), yearly performance is -50.95%.
Plug Power Inc (NASDAQ:PLUG), tripped a circuit breaker on short selling, thus restricting prices at which the fuel cell company’ s stock can be sold short. FactSet data indicates that approximately 30% of Plug Power’s shares are sold short. Plug Power Inc (NASDAQ:PLUG), shares moved down 9.78% in last trading session and was closed at $4.06, while trading in range of $ 4.01 – 4.43. Plug Power Inc (NASDAQ:PLUG), year to date (YTD) performance is 161.94%.
Flextronics International Ltd. (NASDAQ:FLEX), is gaining momentum on increasing demand for game consoles. There is an increase in the Smartphone users that are going to rise with time. Both the factors are contributing to company’s profitability. It was clearly seen in the company’s fourth quarter results announced on Wednesday. The results came better than analysts’ expectations. Flextronics International Ltd. (NASDAQ:FLEX), weekly performance is 5.44%. On last trading day company shares ended up $9.50. Flextronics International Ltd. (NASDAQ:FLEX), distance from 50-day simple moving average (SMA50) is 2.98%. Analysts mean target Price for the company is $10.18.