On May 15, 2014, Qunar Cayman Islands Limited (NASDAQ:QUNR), China’s leading search-based travel commerce platform, announced its unaudited financial results for the first quarter ended March 31, 2014. Total revenues for the first quarter of 2014 were RMB335.5 million (US$54.0 million), an increase of 83.6% year-on-year, surpassing the Company’s revenue guidance of a 65-70% year-on-year increase. Mobile revenues for the first quarter of 2014 were RMB106.3 million (US$17.1 million), an increase of 415.1% year-on-year, representing 31.7% of total revenues, compared to 11.3% in the corresponding period of 2013. Qunar Cayman Islands Limited (NASDAQ:QUNR), net profit margin is -25.10% and weekly performance is -11.15%. On last trading day company shares ended up $22.16. Analysts mean target price for the company is $33.29. Qunar Cayman Islands Limited (NASDAQ:QUNR) distance from 50-day simple moving average (SMA50) is -22.65%.
On May 15, 2014, SFX Entertainment Inc. (NASDAQ:SFXE), reported financial results for the three months ended March 31, 2014. Revenue for the three months ended March 31, 2014 totaled $33.3 million. Direct costs for the three months ended March 31, 2014 totaled $22.8 million. Net loss for the three month period was $63.6 million, or $(0.73) per share.SFX Entertainment Inc. (NASDAQ:SFXE), fell 0.15% in last trading session and ended the day on $6.70. NI, Gross Margin is 17.80% and its return on assets is -39.50%. SFX Entertainment Inc. (NASDAQ:SFXE), quarterly performance is -13.77%.
On May 12, 2014, Six Flags Entertainment Corporation (NYSE:SIX), the world’s largest regional theme park company, and Impact Confections, Inc. announced a summer program with WARHEADS® candy at participating Six Flags Theme Parks in the U.S. Six Flags Entertainment Corporation (NYSE:SIX), shares moved down 1.09% in last trading session and was closed at $40.10, while trading in range of $40.00 – 40.62. Six Flags Entertainment Corporation (NYSE:SIX), year to date (YTD) performance is 10.20%.
On May 05, 2014, The global online travel company Orbitz Worldwide, Inc. (NYSE:OWW), announced swinging to a loss in Q12014 but reported revenue held up nicely in the quarter. The company also issued what it considered a valid reason it had to report a loss in the quarter even though Wall Street was expecting something better. Orbitz Worldwide, Inc. (NYSE:OWW), ended the last trading day at $7.50. Company weekly volatility is calculated as 2.77% and price to cash ratio as 3.28. Orbitz Worldwide, Inc. (NYSE:OWW), showed a positive weekly performance of 3.02%.