Tech Early Gainers: OpenTable Inc. (NASDAQ:OPEN), Facebook Inc. (NASDAQ:FB), Yelp Inc. (NYSE:YELP), Intel Corporation (NASDAQ:INTC), Advanced Micro Devices, Inc. (NYSE:AMD)

OpenTable Inc. (NASDAQ:OPEN) announced Friday morning that it agreed to be acquired by Priceline.com (PCLN: Quote) for $103 per share in an all cash transaction valued at $2.6 billion. OpenTable Inc. (NASDAQ:OPEN) stock opened today at $104.08 and is currently trading at $103.86. The stock showed a positive weekly performance of 1.00%.

Facebook Inc (NASDAQ:FB) has apparently kept itself abreast to maximize its profits globally, from a plethora of activities on the social platform. With FB eating into most of the social media share, it aims to bolster it further and have taken a few remarkable strides to ensure that maximum people remain online – post and cheer for their countries or favourite players on FB, day in and day out for the upcoming 64 matches. Facebook Inc. (NASDAQ:FB) stock opened at $64.70, in current trading session and currently is at $64.03, by losing -0.41%. The 52 week range of $23.26 – $72.59. Company’s market capitalization is 164.31 billion.

Yelp Inc. (NYSE:YELP) was gaining 10.4% Friday following the news that Priceline (PCLN) will purchase OpenTable (OPEN). Yelp Inc. (NYSE:YELP) stock is currently trading at $73.42. The EPS of the stock is -0.12. Company’s market capitalization is 5.25 billion.

Intel Corporation (NASDAQ:INTC) shares open up more than 6% after the semiconductor maker says it expects second-quarter revenues to increase by $700 million and gross margin to improve 1% on the back of higher demand for business PCs. Intel Corporation (NASDAQ:INTC) stock opened the session at $29.75, and now is at $29.78. The 52 week range of the Intel Corporation (NASDAQ:INTC) stock remained $21.89 – $30.06 and the day range was $29.61 – $30.06.

Advanced Micro Devices, Inc. (NYSE:AMD) on June 12 announced the latest step in the company’s multi-year strategic transformation to deliver consistent growth and profitability by combining the company’s previously separate business units, global operations and sales organizations to create a singular, market-focused organization responsible for all aspects of product strategy, product execution, sales and operations. Advanced Micro Devices, Inc. (NYSE:AMD) stock opened today at $4.36 and is currently trading at $4.27. The stock showed a positive weekly performance of 5.15%.

Comments

Leave a Reply

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