On Mar 06, 2014 MeetMe , Inc. (nysemkt:MEET), the public market leader for social discovery, announced that the Company will be participating in two upcoming investor conferences. The 26th Annual ROTH Conference. This conference will be held at the Ritz-Carlton in Laguna Niguel, CA March 9-12, 2014. The Company will be giving its presentation on Tuesday, March 11, 2014 at 4:00 PM Pacific Time. The presentation by CEO Geoff Cook, CFO David Clark, and co-founder and VP of Brand Strategy Catherine Cook will be webcasted during the event and will be available on the Investor Relations section of the Company’s website. MeetMe Inc (NYSEMKT:MEET) shares after opening at $3.45 moved to $3.47 on last trade day and at the end of the day closed at $3.20. Company price to sales ratio in past twelve months was calculated as 3.05 and price to cash ratio as 19.54. MeetMe Inc (NYSEMKT:MEET) showed a negative weekly performance of -6.71%.
Unwired Planet Inc (NASDAQ:UPIP) stock gained by a huge 50 percent during trading on 21st March, on the back of company disclosing the previous day, that it had sold a part of its patent library consisting of 21 patents to Chinese Hardware firm Lenovo. In exchange, the intellectual property focusing firm received a total of $100 million. Unwired Planet Inc (NASDAQ:UPIP) shares fell -7.69% in last trading session and ended the day on $1.80. UPIP return on equity ratio is recorded as -81.60% and its return on assets is -49.20%. Unwired Planet Inc (NASDAQ:UPIP) yearly performance is -20.00%.
Sky-mobi Ltd (ADR) (NASDAQ:MOBI) retreated from its earlier session’s rally. The mobile application store operator has recently announced that it has partnered with China Unicom. Sky-mobi has effected this partnership through its holding company called Mopin Technology, which signed an agreement with the ChinaUnicome’s official app store called the Wo Store. As per the agreed terms of the deal, Sky-mobi Ltd (ADR)(NASDAQ:MOBI) will deliver custom-made software services for the telecom’s physical stores. Initially, Sky-mobi will service the physical stores of China Unicom in the areas such as Guangxi, Zhejiang and Shandong provinces, and in the second stage, these services will cover broader areas like Hunan, Heilongjiang, Hubei, Guangdong and Shanghai, in the year 2014. Sky-mobi Ltd (ADR) (NASDAQ:MOBI) shares moved down -13.27% in last trading session and was closed at $9.54, while trading in range of $9.37-$11.13. Sky-mobi Ltd (ADR) (NASDAQ:MOBI) year to date performance is 156.45%.
Mellanox® Technologies, Ltd. (NASDAQ: MLNX), a leading supplier of high-performance, end-to-end interconnect solutions for data center servers and storage systems, on March 24 announced the promotion of Ido Bukspan to vice president of chip design, Darrin Chen to vice president of worldwide channels, Tziporet Koren to vice president of networking software and Hillel Chapman to senior principal engineer. Mr. Bukspan and Mr. Chapman will report to Roni Ashuri, senior vice president of engineering, Mr. Chen will report to Marc Sultzbaugh, senior vice president of worldwide sales, and Mrs. Koren will report to Amit Krig, vice president of software project management. Mellanox Technologies, Ltd. (NASDAQ:MLNX) weekly performance is -0.29%. On last trading day company shares ended up $40.69. Mellanox Technologies, Ltd. (NASDAQ:MLNX) distance from 50-day simple moving average is 5.28%. Analysts mean target price for the company is $45.00.