One of the Vringo, Inc. (NASDAQ:VRNG) patents that Google Inc. was recently ordered to pay an ongoing royalty for infringing has been preliminarily rejected by the U.S. Patent and Trademark Office, Vringo said Friday, adding that it was confident the decision would be reversed. Vringo, Inc. (NASDAQ:VRNG) stock opened at $4.29 in last trading session, and closed at $4.29, trading in the range of $4.09 – $4.48. The stock showed a positive weekly performance of 9.44%.
When smartphones meet free-to-play games it creates a business model that game maker Glu Mobile Inc. (NASDAQ:GLUU) is exploiting to the hilt. Glu Mobile Inc. (NASDAQ:GLUU) shares closed at $3.95 on last trade day, by losing – 5.33%. Stock 52 week range is $2.00 – $4.39. Company’s market capitalization is $307.93 billion.
NQ Mobile Inc (ADR) (NYSE:NQ )announced that its gaming subsidiary, FL Mobile, has entered into an agreement with Ubisoft (UBSFY) for new game operations. The Ubisoft game, “Rabbids Big Bang,” will be exclusively operated on Android in the China market by FL Mobile. NQ Mobile Inc (ADR) (NYSE:NQ) stock advanced 6.31% and finished the last session at $17.02. The EPS of the stock remained 0.18. Company’s market capitalization is $821.29 billion.
TheStreet Quant Ratings rates Plug Power Inc (NASDAQ:PLUG) as a sell. The company’s weaknesses can be seen in multiple areas, such as its deteriorating net income and disappointing return on equity. Plug Power Inc (NASDAQ:PLUG) stock opened at $3.16 in last trading session and closed at $3.02. The 52 week range of the stock is $0.12 – $4.90 and the day range was $2.95 – $3.21.