Facebook Inc (NASDAQ:FB) continues its trend of acquiring startup even after failing to sign a deal with photo-sharing app Snapchat. It recently sealed a deal with India-based Little Eye Labs whose team will now relocate to Menlo Park. And this time around the company has entered into what is called acqui-hire with the founders of social conversation app Branch Media. Facebook Inc (NASDAQ:FB) stock opened at $57.91 in last session, and closed at $55.91, while the day range of stock is $55.38 -$58.25. The stock showed a negative weekly performance of -2.26%.
BlackBerry Ltd (NASDAQ:BBRY) dipped -4.11% after the news that BlackBerry Ltd has hired another of its new chief executive’s former colleagues to head its global sales team as part of its latest efforts to engineer a turnaround. In other news the analysts at Oppenheimer downgraded BBRY to “underperform” from “Perform”. BlackBerry Ltd (NASDAQ:BBRY) stock opened at $8.61, in last session and closed at $8.40, by losing -4.11%. The 52 week range of the stock is $5.44 – $18.32. Company’s market capitalization is $4.41 billion.
Tesla Motors Inc (NASDAQ:TSLA) continued to fall after a report the company is experiencing more problems with its wares, as the automaker’s wall chargers have overheated in some cases. Bloomberg noted CEO Elon Musk noted the company would be mailing out the updated charger connectors within the next two weeks. Tesla Motors Inc (NASDAQ:TSLA) stock decreased -4.38% and finished the last session at $139.34. The EPS of the stock remained -1.36. Company’s market capitalization is $17.08 billion.
Nokia Corporation (ADR) (NYSE:NOK) was downgraded by analysts at Raymond James from a “market perform” rating to an “underperform” rating in a research report issued to clients and investors on Tuesday,TheFlyOnTheWall.com reports. Nokia Corporation (ADR) (NYSE:NOK) stock opened the session at $8.09, and closed the session at $7.98. The 52 week range of the stock remained $3.02 – $8.20 and the day range was $7.94 – $8.15.
Leave a Reply