Investors shouldn’t forget SINA Corp (NASDAQ:SINA) amid all of the hoopla surrounding JD.com’s initial public offering this week. Congratulations are definitely in order for JD.com, the Chinese e-commerce company that price its shares at $19 each, above the expected range of $16-$18, and then saw them close Thursday’s session even higher, at $20.90. SINA Corp (NASDAQ:SINA) net profit margin is 6.80% and weekly performance is -2.41%. On last trading day company shares ended up $46.53. Analysts mean target price for the company is $88.06. SINA Corp (NASDAQ:SINA) distance from 50-day simple moving average (SMA50) is -14.65%.
Inovio Pharmaceuticals Inc (NYSEMKT:INO) announced that at the company’s Annual General Meeting, the company’s shareholders approved the proposal of a reverse split of the company’s common stock. The company’s board subsequently approved the immediate implementation of a 1-for-4 reverse stock split of Inovio’s common stock, where each 4 shares of issued and outstanding common stock and equivalents will be converted into 1 share of common stock. Following standard NYSE administrative processes, the company plans to announce at a later time the effective date of the reverse split. Inovio Pharmaceuticals Inc (NYSEMKT:INO) shares fell -9.09% in last trading session and ended the day on $2.00. INO return on assets is -71.90%. Inovio Pharmaceuticals Inc (NYSEMKT:INO) quarterly performance is -46.24%.
On May 21, 2014, Liquid Holdings Group Inc (NASDAQ:LIQD)announced that the company has signed a joint marketing agreement with ConvergEx Prime Services LLC, the prime services division of ConvergEx Group LLC. Under the terms of the agreement, ConvergEx Prime Services will offer the Liquid platform as an option to its broad portfolio of prime brokerage clients including hedge funds, family offices, mutual funds, and registered advisors, and Liquid will refer its clients to ConvergEx for prime brokerage services. Liquid Holdings Group Inc (NASDAQ:LIQD) shares moved down -5.56% in last trading session and was closed at $1.70, while trading in range of $1.67 – $1.99. Liquid Holdings Group Inc (NASDAQ:LIQD) year to date (YTD) performance is -75.50%.
On May 7, 2014 , SeeThruEquity, a leading independent equity research and corporate access firm focused on smallcap and microcap public companies, announced that it has issued a company note on India Globalization Capital, Inc. (NYSEMKT:IGC). India Globalization Capital, Inc. (NYSEMKT:IGC) ended the last trading day at $1.32. Company weekly volatility is calculated as 38.04% and price to cash ratio as 26.17. India Globalization Capital, Inc. (NYSEMKT:IGC) showed a positive weekly performance of 43.48%.
On May 20, Jefferies analyst James Kisner reiterated a Buy rating and $5 price target on Sonus Networks, Inc. (NASDAQ: SONS) after meeting with CEO Ray Dolan saying the stock offers the most upside in the group. Sonus Networks, Inc. (NASDAQ:SONS) shares advanced 4.91% in last trading session and ended the day on $3.63. SONS Gross Margin is 63.70% and its return on assets is -3.00%. Sonus Networks, Inc. (NASDAQ:SONS) quarterly performance is -4.72%.
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