Tag: SONS

  • Early Decliners to Watch: Kamada (NASDAQ:KMDA), Sonus Networks (NASDAQ:SONS), Kandi Technologies Group (NASDAQ:KNDI), Glu Mobile Inc. (NASDAQ:GLUU), Zynga Inc. (NASDAQ:ZNGA)

    Kamada Ltd. (NASDAQ:KMDA) a plasma-derived protein therapeutics company focused on orphan indications, announces preliminary top-line results from the phase II/III pivotal clinical trial in Europe and Canada of the company’s proprietary inhaled Alpha-1 Antitrypsin (AAT) therapy for the treatment of Alpha-1 Antitrypsin Deficiency (AATD or inherited emphysema). Kamada Ltd (NASDAQ:KMDA) stock opened today at $8.61 and is currently trading at $8.46.

    Sonus Networks, Inc. (NASDAQ:SONS) revenue was $70.7 million in the three months ended March 28, 2014 and $63.3 million in the three months ended March 29, 2013. Sonus Networks, Inc. (NASDAQ:SONS) stock opened at $3.16, in current trading session and currently is at $3.22, by gaining 0.94%. The 52 week range of $2.34 – $3.98. Company’s market capitalization is 797.86 million.

    Kandi Technologies Group Inc (NASDAQ:KNDI) recently announced better than expected first quarter earnings results. For the quarter, Kandi’s revenue exploded higher by 174% to $40.2 million, with the bulk of the gains being from its EV battery pack business, which produced $25 million in revenue in its first quarter of operations. Kandi Technologies Group Inc. (NASDAQ:KNDI) stock is currently trading at $11.49. The EPS of the stock is -0.57. Company’s market capitalization is 468.10 million.

    Glu Mobile Inc. (NASDAQ:GLUU), a leading global developer and publisher of free-to-play games for smartphone and tablet devices, announced that the company has completed the acquisition of PlayFirst – creators of Diner Dash®, Cooking Dash®, Hotel Dash®, and Wedding Dash®. Glu Mobile Inc. (NASDAQ:GLUU) stock opened the session at $3.66, and now is at $3.79. The 52 week range of the Glu Mobile Inc. (NASDAQ:GLUU) stock remained $2.10 – $5.65 and the day range was $3.66 – $3.80.

    Zynga Inc. (NASDAQ:ZNGA) hired Alex Garden, an Xbox Live executive from Microsoft (MSFT), to lead Zynga Studios last month. For Q2, the firm expects a loss of up to $0.08 per share. Analysts expected the loss would be no more than a penny. For the year, Zynga expects to make just $0.01 per share on bookings of $770-$810 million. Zynga Inc. (NASDAQ:ZNGA) stock opened today at $3.27 and is currently trading at $3.41. The stock showed a negative weekly performance of -3.74%.