China Mobile Ltd. (ADR) (NYSE:CHL) is seeing unusual option volume — nearly quintupling normal levels — and more than 93% of yesterday’s trades have crossed on the call side. China Mobile Ltd. (ADR) (NYSE:CHL) stock opened at $45.49 in last session, and closed at $44.85, while the day range of stock is $44.75 – $45.66. The stock showed a negative weekly performance of -6.37 %.
NASDAQ-listed gaming company Majesco Entertainment Co. (NASDAQ:COOL) has said that GMS Entertainment, the social and real-money software developer in which it holds a 50 per cent stake, will help the company offset the continued decline of its console business which fell by 7 per cent in its financial first quarter. Majesco Entertainment Co. (NASDAQ:COOL) stock opened at $0.50, in last session and closed at $0.482, by losing -10.24%. The 52 week range of the stock is $0.46 – $0.79. Company’s market capitalization is $22.36 million.
VirnetX Holding Corp (NYSEMKT:VHC) saw a big move last session, as the company’s shares fell by over 7% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent downtrend for VHC as the stock is now down nearly 5% since Feb 20. VirnetX Holding Corporation (NYSEMKT:VHC) stock decreased -4.21% and finished the last session at $14.57. The EPS of the stock remained -0.54. Company’s market capitalization is $746.51 million.
Two other major Chinese telecom operators China Unicom (Hong Kong) Limited (ADR) (NYSE:CHU) and China Telecom declined to comment when contacted Thursday. China Unicom (Hong Kong) Limited (ADR) (NYSE:CHU) stock opened the session at $11.92, and closed the session at $11.73. The 52 week range of the stock remained $11.71 – $17.19 and the day range was $11.71 – $12.00.