Vringo, Inc. (NASDAQ: VRNG) announced that it plans to expand and escalate its global litigation and licensing programs following receipt of $10 million in cash from the exercise of outstanding warrants by three institutional investors. The investors exercised 5,697,227 warrants, which are part of a series of warrants that expire in three years, on July 19, 2017, and have an exercise price of $1.76 (the “July 2017 Warrant Series”). The exercised warrants represent 58% of the July 2017 Warrant Series. Vringo directors and officers hold 70% of the remaining July 2017 Warrant Series. Vringo, Inc. (NASDAQ:VRNG) stock opened today at $3.50 and is currently trading at $3.41. The stock showed a positive weekly performance of 3.54%.
Plug Power Inc. (Nasdaq:PLUG), a leader in providing clean, reliable energy solutions has confirmed the date of its 2014 annual shareholder meeting. Wednesday, July 23, 2014; 10:00 am ET. Plug Power Inc (NASDAQ:PLUG) stock opened at $4.72, in current trading session and currently is at $4.80, by gaining 2.34 %. The 52 week range is $0.26 – $11.72. Company’s market capitalization is $802.19 million.
BlackBerry Ltd. (NASDAQ:BBRY) is making progress in its turnaround plan, as its first quarter results for fiscal 2015 show that the path to cashflow break-even is clearing. BlackBerry Ltd (NASDAQ:BBRY) stock is currently trading at $9.18. The EPS of the stock is -11.18. Company’s market capitalization is $4.84 billion.
Research analysts at RBC Capital increased their price target on shares of Micron Technology Inc (NYSE:MU) from $34.00 to $38.00 in a report released on Friday. RBC Capital’s target price would suggest a potential upside of 19.46% from the company’s current price. Micron Technology, Inc. (NASDAQ:MU) stock opened the session at $31.88, and now is at $31.69. The 52 week range of the stock remained $12.31 – $32.43 and the day range was $31.65 – $31.93.
Twitter Inc (NYSE:TWTR) split the roles of recently departed chief operating officer, Ali Rowghani, at a time when the microblogging site is seeking to revive slowing user growth. Adam Bain is in charge of revenue and partnerships while Gabriel Stricker is responsible for marketing and media, according to their latest Twitter profiles. Twitter Inc (NYSE:TWTR) stock opened today at $38.82 and is currently trading at $38.67. The stock showed a positive weekly performance of 5.74%.
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