Groupon Inc. (NASDAQ:GRPN) shares fell 22 per cent, the most in a year, after the online-discounts company forecast first-quarter profit that trailed analysts’ estimates on higher expenses for acquisitions and marketing. Groupon Inc. (NASDAQ:GRPN) stock opened at $8.96in last session, and closed at $8.03, while the day range of Groupon Inc. (NASDAQ:GRPN) stock is $8.00 – $8.97. The stock showed a positive weekly performance of -25.37%.
Marvell Technology Group Ltd. (NASDAQ:MRVL) was the recipient of some unusual options trading on Friday. Investors bought 9,172 put options on the company, Analyst RN reports. Marvell Technology Group Ltd.(NASDAQ:MRVL)stock opened at $16.02in last session, and closed at $15.60by losing-3.26%.The 52 week range of $9.35 – $16.62. Company’s market capitalization is $7.67B.
Commscope Holding Company Inc. (NASDAQ:COMM) which went public just a few months back reported its fourth quarter results. The company reported a loss in the fourth quarter but profits for the full fiscal. Commscope Holding Company Inc. (NASDAQ:COMM) stock increased 15.55% and finished the last session at $21.92. The EPS of the stock remained0.31. Company’s market capitalization is $3.40B.
Shares of Financial Engines, Inc. (NASDAQ:FNGN) a technology-enabled portfolio management services provider to employer-sponsored defined contribution plans, dipped as much as 18% after reporting its fourth-quarter earnings results after the closing bell last night. Financial Engines Inc. (NASDAQ:FNGN)stock opened the session at $57.22, and closed the session at $55.35. The 52 week range of the Financial Engines Inc. (NASDAQ:FNGN)stock remained $31.68 – $71.08and the day range was $51.28 – $57.25.