Tech Early Gainers: Advanced Micro Devices (NYSE:AMD), Glu Mobile Inc. (NASDAQ:GLUU), Twitter Inc (NYSE:TWTR), Plug Power (NASDAQ:PLUG)

Posted by on Apr 15, 2014

The point forward for Advanced Micro Devices, Inc. (NYSE:AMD) is to achieve momentum on multiple capabilities. In addition to working with Mentor Graphics, the company should also move forward in other verticals as well. The new plans – as a solution provider as well as graphics support person is indeed delightful and satisfying. Incidentally, the recent launch of AMDs latest graphics card- has continued to attract buyers. Additionally, AMD has also made significant progress on game developing technology, bringing in higher returns for this chipmaker. Advanced Micro Devices, Inc. (NYSE:AMD) stock opened today at $3.74 and is currently trading at $3.78. The stock showed a negative weekly performance of -4.38%.

Glu Mobile Inc. (Nasdaq: GLUU) announced that the company will partner with EON Productions and MGM Interactive to create a new free-to-play mobile game based on the James Bond film franchise. Scheduled for initial release in summer 2015, the game is inspired by the franchise’s rich history, themes, characters, and narratives. Glu’s Bond game will be available to mobile audiences worldwide across all major mobile platforms.Glu Mobile Inc. (NASDAQ:GLUU) stock opened at $3.93, in current trading session and currently is at $3.90, by gaining 0.52%.The 52 week range of $2.10-$5.65. Company’s market capitalization is $310.86 million.

Twitter Inc (NYSE:TWTR) shares will reach the lockup expiration period on May 5, but management is looking forward to hold the shares in their portfolio. Management as Twitter is confident in the company and its share and has decided to hold the stock after the expiration of lockup period. Twitter Inc (NYSE:TWTR) stock is currently trading at $41.57 .The EPS of the stock is -1.69. Company’s market capitalization is $24.50 billion.

Many investors appear to be quite bearish on Plug Power Inc (NASDAQ:PLUG), especially if you look at the percentage of the float that is sold short for this stock. Currently, 23.2% of the float is sold short, suggesting an extreme level of bearishness for PLUG. However, it is worth noting that earnings estimates have actually been moving higher for the company, despite the pessimism. Thanks to these rising estimates, we have a Zacks Rank #2 (Buy) on PLUG, so we clearly don’t believe in the negativity surrounding this firm, and are instead looking for shares of PLUG to move higher in the weeks ahead. Plug Power Inc (NASDAQ:PLUG) stock opened the session at $7.40, and now is at $7.12.The 52 week range of the PLUG stock remained $0.15-$11.72 and the day range was $7.06-$7.70.

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