Symantec Corporation (NASDAQ:SYMC) reported revenue of 1.7 billion for its third quarter of fiscal year 2014, ended December 27, 2013, down 5 percent year-over-year and down 4 percent after adjusting for currency. Symantec Corporation (NASDAQ:SYMC) stock opened at $22.65 in last session, and closed at $22.38, while the day range of SYMC stock is $21.67 – $23.00. The stock showed a negative weekly performance of -5.25%.
Citrix Systems, Inc. (NASDAQ:CTXS) is getting smacked down following a disappointing earnings announcement. As we type, the stock is down more than $5 and creating 52-week lows because the company guided 2014 revenue estimates below Wall Street’s expectations. Citrix Systems, Inc. (NASDAQ:CTXS) stock opened at $51.53, in last session and closed at $53.29, by losing -7.48%. The 52 week range of CTXS is $51.18 – $77.16. Company’s market capitalization is $9.93billion.
Zacks reaffirmed their neutral rating on shares of Applied Micro Circuits Corporation (NASDAQ:AMCC) in a research note issued to investors on Monday, American Banking News.com reports. The firm currently has a $12.00 price target on the stock. Applied Micro Circuits Corporation (NASDAQ:AMCC) stock decreased -8.24% and finished the last session at $9.91. The EPS of the stock remained -0.65. Company’s market capitalization is $735.09million.
On Wednesday Vringo, Inc. (NASDAQ:VRNG) announced that United States District Court in the Eastern District of Virginia has ordered the post-judgment royalty-rate of 6.5% against Google, AOL and other companies. Vringo, Inc. (NASDAQ:VRNG) stock opened the session at $4.73, and closed the session at $4.30. The 52 week range of the VRNG stock remained $2.61 – $5.45 and the day range was $4.17 – $4.81.
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