Facebook Inc (NASDAQ:FB) is making headlines for two reasons this week. Firstly, there is the somewhat speculative rumor that Facebook may eventually want to expand into China. This comes just shortly after rival LinkedIn (NYSE:LNKD) outlined its own plans to officially enter the Middle Kingdom. Facebook Inc (NASDAQ:FB) stock opened at $70.77 in last session, and closed at $72.03, while the day range of FB stock is $70.51-$72.15.The stock showed a positive weekly performance of 6.85%.
AT&T Inc. (NYSE:T) has invested more than $7.1 billion in its best-in-class wireless and wired networks in California between 2011 through 2013, driving a wide range of upgrades to enhance speed, reliability, coverage and performance for residents and business customers. AT&T Inc. (NYSE:T) stock opened at $32.28, in last session and closed at $32.51, by loosed -0.09%. The 52 week range was $31.74-$39.00. Company’s market capitalization is $169.27 billion.
Put players were active in Micron Technology, Inc.’s (NASDAQ:MU) options pits on Friday, with the contracts trading at a 51% mark-up to the typical daily pace, and outpacing calls by a 2-to-1 margin. Nearly half of the volume centered on two strikes, as one speculator rolled up her bearish position in the April series of options. Micron Technology, Inc. (NASDAQ:MU) stock gained 1.76% and finished the last session at $24.85. The EPS of the stock remained 1.52. Company’s market capitalization is $26.36 billion.
BlackBerry Ltd (NASDAQ:BBRY) (TSE:BB) has sold its U.S. headquarters campus in Las Colinas to Canadian real estate company Brookfield Property Group, reports Candace Carlisle of Dallas Business Journal. The campus had long been an important part of the company’s operations. The terms of the deal were not disclosed. According to Berry Review, the company is currently focusing on setting up offices closer to the government and enterprise hubs. BlackBerry Ltd (NASDAQ:BBRY) stock opened the session at $9.99, and closed the session at $9.67. The 52 week range of the BBRY stock remained $5.44-$16.82 and the day range was $9.61-$10.06.
Leave a Reply