ACADIA Pharmaceuticals Inc. (NASDAQ: ACAD) announced the pricing of an underwritten public offering of 6,400,000 shares of its common stock, offered at a price to the public of $28.50 per share. ACADIA Pharmaceuticals Inc. (NASDAQ:ACAD) stock opened at $28.85 in last session, and closed at $30.04, while the day range of ACADIA Pharmaceuticals Inc. (NASDAQ:ACAD) stock is $28.63 – $30.38. The stock showed a positive weekly performance of 3.37%.
Equities research analysts at FBR Capital Markets initiated coverage on shares of SunPower Corp. (NASDAQ:SPWR) in a research note issued to investors on Wednesday, TheFlyOnTheWall.com reports. The firm set a “market perform” rating and a $36.00 price target on the stock. FBR Capital Markets’ target price indicates a potential upside of 6.01% from the company’s current price. SunPower Corporation (NASDAQ:SPWR) stock opened at $33.67 in last session, and closed at $35.90 by gaining 8.84%. The 52 week range of $9.00 – $36.25. Company’s market capitalization is $4.36 billion.
Canadian Solar Inc. (NASDAQ:CSIQ), one of the world’s largest solar power companies, is expected to report its fourth quarter and full year 2013 financial results on March 5, 2014. Canadian Solar Inc. (NASDAQ:CSIQ) stock increased 8.31% and finished the last session at $43.67. The EPS of the stock remained -2.26. Company’s market capitalization is $2.07 billion.
The trading levels of YY Inc. (NASDAQ:YY) stock exploded on Tuesday, after the company reported a solid fourth quarter 2013 on its unaudited financial results, highlighted by net income attributable to the company of. RMB192.0 million (US$31.7 million), representing an increase of 477.9% year over year. YY Inc. (ADR) (NASDAQ:YY) stock opened the session at $79.39, and closed the session at $87.18. The 52 week range of the YY Inc. (ADR) (NASDAQ:YY) stock remained $15.26 – $87.32 and the day range was $78.25 – $87.32.