Facebook Inc (NASDAQ:FB)’s efforts to begin stealing ad spend from television have been well-documented by analysts who follow the social network. The company said it will use data from Nielsen to measure how well its new video ads will do, which most expect to be a good think for it. Facebook Inc (NASDAQ:FB) stock opened today at $67.64 and is currently trading at $67.31. The stock showed a negative weekly performance of -2.70%.
BlackBerry (NASDAQ:BBRY) was upgraded by investment analysts at Credit Agricole from a “sell” rating to an “underperform” rating in a note issued to investors on Friday, TheFlyOnTheWall.com reports. BlackBerry Ltd (NASDAQ:BBRY) stock opened at $9.67, in current trading session and currently is at $9.57, by gaining 1.49%. The 52 week range is $5.44 – $16.82. Company’s market capitalization is $5.03 billion.
MWC veteran, Ericsson (ADR) (NASDAQ:ERIC), discussed the convergence of the network and IT stack, highlighting the company’s planned transformation to address this change. Ericsson (ADR) (NASDAQ:ERIC) stock is currently trading at $13.11. The EPS of the stock is -0.04. Company’s market capitalization is $43.35 billion.
Unwired Planet (NASDAQ:UPIP) had its buy rating reaffirmed by analysts at Northland Securities. Unwired Planet Inc (NASDAQ:UPIP) stock opened the session at $2.02, and now is at $2.03. The 52 week range of the stock remained $1.26 – $2.39 and the day range was $2.00 – $2.20.