Tag: FTNT

  • Top Stories: United Online, Inc. (NASDAQ:UNTD), Extreme Networks, Inc. (NASDAQ:EXTR), Fortinet Inc. (NASDAQ:FTNT), LinkedIn Corp (NYSE:LNKD), Zynga Inc. (NASDAQ:ZNGA)

    On May 21, 2014, United Online, Inc. (NASDAQ;UNTD) entered into an Office Lease with LNR Warner Center IV, LLC for 29,576 rentable square feet located at 21255 Burbank Boulevard, Woodland Hills, California which the Company intends to occupy as its new headquarters office. United Online, Inc. (NASDAQ:UNTD) net profit margin is -38.00% and weekly performance is 2.45%. On last trading day company shares ended up $10.89. Analysts mean target price for the company is $19.88. United Online, Inc. (NASDAQ:UNTD) distance from 50-day simple moving average (SMA50) is -3.27%.

    Extreme Networks, Inc. (NASDAQ:EXTR), a leader in high performance networking, on 21 may announced the 3865 802.11ac WLAN outdoor access point, a key addition to the IdentiFi Wireless LAN portfolio. This development makes IdentiFi one of the most complete and scalable enterprise Wi-Fi solutions addressing both indoor and outdoor wireless connectivity. Extreme Networks, Inc. (NASDAQ:EXTR) shares fell -4.57% in last trading session and ended the day on $3.97. EXTR gross Margin is 51.50% and its return on assets is -9.20%.Extreme Networks, Inc. (NASDAQ:EXTR) quarterly performance is -33.83%.

    Fortinet Inc. (NASDAQ:FTNT) a global leader in high-performance network security announced that The A.P. Mahesh Co-operative Urban Bank − a leading multistate scheduled co-operative urban bank in India popularly known as Mahesh Bank − has deployed its FortiGate® network security platform and FortiAnalyzer™ centralized reporting appliances to secure its data center and network of 39 branches. Mahesh Bank chose Fortinet over competing vendors like Cisco, Check Point and Juniper for its proven firewall performance, easy to deploy and manage solutions, and first-class support services. Fortinet Inc. (NASDAQ:FTNT) shares moved up 0.59% in last trading session and was closed at $22.29, while trading in range of $21.84 – $22.33. Fortinet Inc. (NASDAQ:FTNT) year to date (YTD) performance is 16.52%.

    Though LinkedIn Corp (NYSE:LNKD) stock has tumbled roughly 25 percent year-to-date, CEO Jeff Weiner told CNBC on Wednesday the social media company will stick to its growth strategy. LinkedIn Corp (NYSE:LNKD) ended the last trading day at $160.44. Company weekly volatility is calculated as 2.91% and price to cash ratio as 8.47.LinkedIn Corp (NYSE:LNKD) showed a positive weekly performance of 7.06%.

    Zynga Inc. (NASDAQ:ZNGA), a leading social game developer, announced that its Chief Executive Officer Don Mattrick will present at the Bank of America Merrill Lynch 2014 Global Technology Conference in San Francisco. The session is scheduled for Wednesday, June 4, 2014, at 2:05 p.m. Pacific Time (5:05 p.m. Eastern Time). Zynga Inc. (NASDAQ:ZNGA) net profit margin is -13.20% and weekly performance is 2.69%. On last trading day company shares ended up $3.44. Analysts mean target price for the company is $4.62. Zynga Inc. (NASDAQ:ZNGA) distance from 50-day simple moving average (SMA50) is -16.13%.