Trade-Ideas LLC identified Plug Power Inc (NASDAQ:PLUG) as a “dead cat bounce” (down big yesterday but up big today) candidate. Plug Power Inc (NASDAQ:PLUG) stock opened at $2.94 in last session, and closed at $2.61, while the day range of stock is $2.22 – $2.95. The stock showed a positive/negative weekly performance of -25.00%.
Twitter Inc (NYSE: TWTR) Monday learned that the is not immune to more valuation-reality checks. Marc Faber produces of Gloom Boom and Doom Report, in the weekend edition of Barron’s Roundtable, bashed Twitter and other momentum stocks. Twitter Inc (NYSE:TWTR) stock opened at $61.77, in last session and closed at $57.91, by losing -6.20%. The 52 week range of the stock is $38.80 – $74.73. Company’s market capitalization is $32.15 billion.
Gogo Inc (NASDAQ:GOGO) subsidiary, Aircell, completed its acquisition of Airfone in April 2013, and is offering Gogo Biz as a replacement service from Jan. 1, 2014. The Grrrilla service is designed to provide a cost effective alternate to Gogo Biz. Gogo Inc (NASDAQ:GOGO) stock decreased -9.56% and finished the last session at $21.00. The EPS of the stock remained -7.27. Company’s market capitalization is $1.77 billion.
Oi SA (ADR) (NYSE:OIBR) merger with Portugal Telecom SGPS SA, the biggest Brazilian deal announced last year, hit a snag after minority shareholders won an early victory in their fight for more favorable terms. Oi SA (ADR) (NYSE:OIBR) stock opened the session at $1.74, and closed the session at $1.66. The 52 week range of the stock remained $1.42 – $4.18 and the day range was $1.66 – $1.75.