Shares of Vivus Inc. (NASDAQ:VVUS) had a rough go, losing more than 80% of their value from 2012 highs as sales of its obesity drug haven’t come close to fulfilling blockbuster dreams. Activist investors First Manhattan and Sarissa Capital managed to take over the board and change the CEO, but they haven’t been able to change Vivus’ fortunes. VIVUS, Inc. (NASDAQ:VVUS) stock opened today at $5.03 and is currently trading at $4.99. The stock showed a positive weekly performance of 7.61%.
BlackBerry Ltd. (NASDAQ:BBRY) Chief Executive Officer John Chen said the chances of turning around the struggling smartphone maker have risen to 80-20. BlackBerry Ltd (NASDAQ:BBRY) stock opened at $7.55, in current trading session and currently is at $7.69, by gaining 5.49%. The 52 week range of $5.44 – $15.09. Company’s market capitalization is 4.05 billion.
Ubiquiti Networks, Inc. (NASDAQ:UBNT) has authorized the company to repurchase up to $75 million shares of its common stock. We expect the share repurchase program will commence Monday, June 2, 2014. Ubiquiti Networks Inc. (NASDAQ:UBNT) stock is currently trading at $36.20. The EPS of the stock is 1.75. Company’s market capitalization is 3.19 billion.
Clean Energy Fuels (NASDAQ:CLNE) Morgan Stanley initiated coverage with an Overweight rating and a price target of $14.00. Clean Energy Fuels Corp (NASDAQ:CLNE) stock opened the session at $10.73, and now is at $11.06. The 52 week range of the Clean Energy Fuels Corp (NASDAQ:CLNE) stock remained $8.27 – $14.05 and the day range was $10.67 – $11.16.
Cerus Corporation (NASDAQ:CERS) announced today that the Belgian Red Cross Flanders (RC-F) has signed a five-year agreement to purchase the INTERCEPT Blood System for platelets. RC-F is one of two major Red Cross blood services in Belgium, and supplies approximately 37,000 platelet components to the northern, or Flemish, region of Belgium. Cerus Corporation (NASDAQ:CERS) stock opened today at $4.40 and is currently trading at $4.37. The stock showed a positive weekly performance of 3.67%.