Tag: SolarCity

  • Bearish Stocks: Gogo Inc (NASDAQ:GOGO), Arena Pharmaceuticals (NASDAQ:ARNA), SolarCity Corp (NASDAQ:SCTY), Yelp (NYSE:YELP)

    The Gogo Inc (NASDAQ:GOGO) on Mar. 13 announced its financial results for the fourth quarter and full year ended December 31, 2013. Gogo reported revenue for Q4 2013 of $92.6 million, up 46% year-over-year.  Adjusted EBITDA for Q4 2013 was negative $0.3 million, down from $0.5 million in Q4 2012. Gogo Inc (NASDAQ:GOGO) stock opened at $23.75 in last session, and closed at $21.99, while the day range of GOGO stock is $21.52-$23.75. The stock showed a negative weekly performance of -9.47%.

    Arena Pharmaceuticals (NASDAQ:ARNA) was the recipient of a large decline in short interest in January. As of February 14th, there was short interest totalling 59,248,778 shares, a decline of 8.9% from the January 31st total of 65,038,639 shares, Analyst Ratings Network reports. Approximately 27.3% of the shares of the company are short sold. Based on an average daily volume of 5,843,561 shares, the days-to-cover ratio is currently 10.1 days.Arena Pharmaceuticals, Inc. (NASDAQ:ARNA) stock opened at $7.13, in last session and closed at $6.68, by loosed -6.44%.The 52 week range was $4.05-$9.25.Company’s market capitalization is $1.46 billion.

    Solar photovoltaic installer SolarCity Corp (NASDAQ:SCTY) has now teamed up with the big-box retailerBest Buy Co., Inc. (NYSE:BBY) to make solar services readily available to customers. The shares of SolarCity gained 7.0% yesterday on the news. SolarCity Corp (NASDAQ:SCTY) stock loosed -5.63% and finished the last session at $74.08. The EPS of the stock remained -1.22.Company’s market capitalization is $6.16 billion.

    Yahoo! Inc (YHOO) revealed its partnership with Yelp Inc (NYSE:YELP) as part of its effort to improve the service and strengthen the competitiveness of its search engine. The tech giant started including snippets of listings and reviews of local businesses in its search results. Anand Chandrasekaran, senior director of product management at Yahoo! Inc (NASDAQ:YHOO) shared information about the inclusion of Yelp Inc (NYSE:YELP) as one of its local content partners. Yelp Inc (NYSE:YELP) stock opened the session at $94.01, and closed the session at $87.37.The 52 week range of the YELP stock remained $22.48-$101.75 and the day range was $85.08-$94.55.