Spherix Inc (NASDAQ:SPEX)’s shares surged 32.32% to $3.93. The company on May 27 noted that the United States Senate, and Senate Judiciary Committee Chairman Patrick Leahy (D-Vermont), removed the patent reform bill from the committee’s calendar. Senator Leahy cited the lack of broad bipartisan support for the bill, and also stated that many of the proposals would overly burden “legitimate patent holders who employ thousands of Americans. Spherix Inc (NASDAQ:SPEX), weekly performance is 129.14%. On last trading day company shares ended up $3.46. Analysts mean target price for the company is $1.00. Spherix Inc (NASDAQ:SPEX), distance from 50-day simple moving average (SMA50) is 46.16%.
Plug Power Inc (NASDAQ:PLUG)’s shares dropped 2.93% to $4.30. The company on May 14 reported its 2014 first quarter results. Total revenue for the first quarter of 2014 was $5.6 million, comprised of $3.2 million for product revenue, $2.1 million for service revenue and $0.3 million for research and development (R&D) contract revenue. This compares to total revenue of $6.4 million in the first quarter of 2013, which was comprised of $4.7 million for product revenue, $1.3 million for service revenue and $0.4 million for R&D contract revenue. Net loss for the first quarter of 2014 was $75.9 million, or $0.57 per share on a basic and diluted basis. Plug Power Inc (NASDAQ:PLUG), advanced 9.00% in last trading session and ended the day on $4.36. PLUG, Gross Margin is -44.40% and its return on assets is -251.80%. Plug Power Inc (NASDAQ:PLUG), quarterly performance is -1.13%.
Aspen Investment Fund LLC is considering a nonbinding offer worth $640 million for VIVUS, Inc. (NASDAQ:VVUS), potentially starting a new battle for control of the pharmaceutical firm. VIVUS, Inc. (NASDAQ:VVUS), shares moved up 5.97% in last trading session and was closed at $4.95, while trading in range of $4.58 – 5.44. VIVUS, Inc. (NASDAQ:VVUS), year to date (YTD) performance is -45.50%.
JD.Com Inc(ADR) (NASDAQ:JD), the Chinese Ecommerce company has now priced its United States Initial Public offering above the marketing-range to raise $US1.78B, pointing to very strong demand for its bigger competitor – Alibaba Group Holding Inc’s upcoming mega-float.JD.com, is a loss making company and has the backing of Kingdom Holding Co that is owned by Alwaleed bin Talal, the Saudi billionaire Prince. The former is all set to set to now debut on the NASDAQ in what is slated to be the biggest-listing of a Chinese company in the U.S. JD.Com Inc(ADR) (NASDAQ:JD), ended the last trading day at $24.78.
On May 21, 2014, FuelCell Energy Inc (NASDAQ:FCEL), a global leader in the design, manufacture, operation and service of ultra-clean, efficient and reliable fuel cell power plants, announced it will release its second quarter financial results after the Market Close on Tuesday, June 3, 2014. FuelCell Energy Inc (NASDAQ:FCEL), net profit margin is -18.60% and weekly performance is 15.09%. On last trading day company shares ended up $2.44. Analysts mean target price for the company is $2.73. FuelCell Energy Inc (NASDAQ:FCEL),distance from 50-day simple moving average (SMA50) is 4.74%.