Tag: NASDAQ:LONG

  • Bearish Stocks In Tech Sector: Yandex NV (NASDAQ:YNDX), American Superconductor (NASDAQ:AMSC), Control4 Corp (NASDAQ:CTRL), eLong (NASDAQ:LONG)

    Yandex NV (NASDAQ:YNDX) posted its fourth quarter and full year results for the period ending December 31, 2013 that saw the company register high net income for the quarter of $3.35 billion Russian rubles compared to the previous year same quarter earnings of 2.69 billion Russian rubles. Revenues for the quarter was up by 37% compared to Q4 2012 coming in at $369.3 million. Yandex NV (NASDAQ:YNDX) stock opened at $37.66 in last session, and closed at $37.29, while the day range of stock is $36.00 – $38.97. The stock showed a negative weekly performance of -7.68%.

    American Superconductor Corporation (NASDAQ:AMSC) a Devens company that makes software used to manage energy grids, said that China’s Supreme People’s Court has ruled in its favor on jurisdictional matters in its ongoing lawsuits that allege copyright infringement by a former Chinese customer that makes wind turbines. American Superconductor Corporation (NASDAQ:AMSC) stock opened at $1.98, in last session and closed at $1.94, by losing -6.28%. The 52 week range of the stock is $1.37 – $3.24. Company’s market capitalization is $132.19 million.

    Stock analysts at Canaccord Genuity raised their target price on shares of Control4 Corp (NASDAQ:CTRL) from $23.00 to $25.00 in a report issued on Wednesday, AnalystRatingsNetwork.com reports. The firm currently has a “buy” rating on the stock. Canaccord Genuity’s price target points to a potential upside of 2.67% from the company’s current price. Control4 Corp (NASDAQ:CTRL) stock decreased -6.88% and finished the last session at $19.35. The EPS of the stock remained 0.61. Company’s market capitalization is $440.89 million.

    Expedia’s eLong, Inc (ADR) (NASDAQ:LONG) reported unaudited financial results for the fourth quarter and full year ended December 31, 2013 where net revenues surpassed RMB1 billion and hotel room nights exceeded 25 million. eLong, Inc. (ADR) (NASDAQ:LONG) stock opened the session at $18.14, and closed the session at $17.60. The 52 week range of the stock remained $12.69 – $23.81 and the day range was $16.62 – $18.14.