Tech Decliners: SolarCity Corp (NASDAQ:SCTY), First Solar, Inc. (NASDAQ:FSLR), Zynga Inc (NASDAQ:ZNGA), Nokia Corporation (ADR) (NYSE:NOK)

Equities researchers at Goldman Sachs reduced their price target on shares of SolarCity Corp (NASDAQ:SCTY) from $88.00 to $85.00 in a research report issued on Wednesday, Stock Ratings Network.com reports. SolarCity Corp (NASDAQ:SCTY) stock opened today at $69.61 and is currently trading at $65.79. The stock showed a negative weekly performance of -6.12%.

First Solar, Inc. (NASDAQ:FSLR) was up 20% on March 19 after the company showcased its technology roadmap at its Analyst Day. The solar company raised its conversion efficiency targets, lowered its expected production/system costs and provided yearly guidance that was above consensus estimates. First Solar, Inc. (NASDAQ:FSLR) stock opened at $70.00, in current trading session and currently is at $70.31, by losing -0.34%. The 52 week range is $25.66 – $73.74. Company’s market capitalization is $7.00 billion.

Zynga Inc (NASDAQ:ZNGA) options contracts experienced a new 90-day record for call contracts where a total of 28,518 call contracts were traded in the busy trading session. The contract spread yielded a 0.19 put/call ratio where 5.3 call contracts were traded for each put contract. Zynga Inc (NASDAQ:ZNGA) stock is currently trading at $5.07. The EPS of the stock is -0.05. Company’s market capitalization is $4.14 billion.

Nokia Corporation (ADR) (NYSE:NOK) has today filed a writ to the Madras High Court to contest a claim from the Tamil Nadu tax department, which has moved to assess sales tax on the export of devices from the company’s Chennai facility. Nokia Corporation (ADR) (NYSE:NOK) stock opened the session at $7.40, and now is at $7.34. The 52 week range of the stock remained $3.02 – $8.20 and the day range was $7.34 – $7.41.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *