Investors buying into shares of Groupon Inc. (NASDAQ:GRPN) with the expectation that it would turn a profit during its fourth quarter are likely disappointed after the company reported lackluster results. Groupon Inc. (NASDAQ:GRPN) stock opened at $7.94 in last session, and closed at $8.41, while the day range of Groupon Inc. (NASDAQ:GRPN) stock is $7.87 – $8.50. The stock showed a positive weekly performance of -18.03%.
After years of mismanagement and plummeting smartphone market share, BlackBerry Ltd (NASDAQ:BBRY) appeared to be stuck in death spiral that threatened to eventually take down the entire company. BlackBerry Ltd (NASDAQ:BBRY) stock opened at $10.38 in last session, and closed at $10.60 by gaining 7.83%. The 52 week range of $5.44 – $16.82. Company’s market capitalization is $5.56B.
InterMune Inc. (NASDAQ:ITMN) announced Tuesday morning that results from a Phase 3 trial evaluating pirfenidone in patients with idiopathic pulmonary fibrosis, demonstrated that pirfenidone significantly reduced IPF disease progression as measured by change in per cent predicted forced vital capacity from Baseline to Week 52. InterMune Inc. (NASDAQ:ITMN) stock increased 170.77% and finished the last session at $37.80. The EPS of the stock remained -2.95. Company’s market capitalization is $3.08B.
Plug Power Inc. (NASDAQ:PLUG) reported further good news. It has reported that it has been contracted by a retail services provider to supply as well as service power units besides fuel to over six distribution centres across the Northern parts of the American continent. In terms of units, the supply will be of 1,500 fuel cells. Plug Power Inc. (NASDAQ:PLUG) stock opened the session at $3.67, and closed the session at $3.90. The 52 week range of the Plug Power Inc. (NASDAQ:PLUG) stock remained $0.12 – $4.90 and the day range was $3.67 – $4.05.
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