Tag: NYSE:CIEN

  • Decliners in focus: Facebook Inc. (NASDAQ:FB), Plug Power Inc. (NASDAQ:PLUG), SolarCity Corp (NASDAQ:SCTY), GT Advanced Technologies (NASDAQ:GTAT), Ciena Corporation (NYSE:CIEN)

    Facebook Inc. (NASDAQ:FB) has recently faced criticism from marketers because their “organic reach” is decreasing. In other words, the content they post on the social network without paying is reaching fewer people, leading some marketers to suggest the changes are designed to drive them to purchase advertising. Facebook Inc. (NASDAQ:FB) stock opened today at $63.37 and is currently trading at $62.89. The stock showed a negative weekly performance of -1.00%.

    Plug Power Inc. (NASDAQ:PLUG) has continually given horrible forward guidance on gross margin and revenue. Plug Power (PLUG), as a company, could possibly have a decent future ahead of it. PLUG, the stock, is ridiculously overpriced, and any long-term investor in the stock should get out immediately. Plug Power Inc. (NASDAQ:PLUG) stock opened at $4.45, in current trading session and currently is at $4.39, by losing -1.13%. The 52 week range of $0.26 – $11.72. Company’s market capitalization is 733.64 million.

    SolarCity Corp (NASDAQ:SCTY) VP John M. Stanton sold 1,500 shares of the company’s stock in a transaction that occurred on Monday, June 2nd. The stock was sold at an average price of $52.74, for a total value of $79,110.00. SolarCity Corp (NASDAQ:SCTY) stock is currently trading at $49.97. The EPS of the stock is -0.59. Company’s market capitalization is 4.60 billion.

    GT Advanced Technologies (NASDAQ:GTAT) VP Ho Il Kim unloaded 43,854 shares of the company’s stock in a transaction that occurred on Tuesday, June 3rd. The stock was sold at an average price of $15.91, for a total transaction of $697,717.14. Following the completion of the transaction, the vice president now directly owns 44,991 shares in the company, valued at approximately $715,807. GT Advanced Technologies Inc. (NASDAQ:GTAT) stock opened the session at $16.39, and now is at $16.13. The 52 week range of the GT Advanced Technologies Inc. (NASDAQ:GTAT) stock remained $3.44 – $19.44 and the day range was $16.07 – $16.48.

    Communications networking equipment, software and services provider Ciena Corporation (NYSE:CIEN) provided an upbeat guidance for the third quarter that was more than what the Street analysts’ estimated. The company’s adjusted earnings for the second quarter also beat predictions thereby lifting investors’ sentiments on the stock. Ciena Corporation (NYSE:CIEN) has provided revenue guidance between $585 and $615 million for the third quarter. Ciena Corporation (NYSE:CIEN) stock opened today at $22.53 and is currently trading at $22.38. The stock showed a positive weekly performance of 12.85%.