The digital advertising solutions company Rocket Fuel Inc. (NASDAQ:FUEL) is being hit hard today – down more than 20% – after Goldman Sachs downgraded them to “neutral” from “buy.” Goldman says the change comes thanks to a decrease by Rocket Fuel in average customer spending. The company reported mixed results after the bell, beating on the bottom line but missing on the top and cutting its revenue outlook. Rocket Fuel Inc. (NASDAQ:FUEL) net profit margin is -8.70% and weekly performance is -32.54%. On last trading day company shares ended up $21.83. Analysts mean target price for the company is $62.63. Rocket Fuel Inc. (NASDAQ:FUEL) distance from 50-day simple moving average (SMA50) is -48.33%.
Zulily Inc (NASDAQ:ZU), a Seattle based retailer overtly obsessed with a passion for reaching out to busy moms with fresh curated collections and myriad online deals, shared with the world about the unanticipated losses in the last quarter, despite phenomenally increased sales! Zulily Inc. (NASDAQ:ZU) shares fell -7.82% in last trading session and ended the day on $30.42. ZU gross Margin is 27.80% and its return on assets is -2.00%.Zulily Inc. (NASDAQ:ZU) quarterly performance is -22.65%.
One of the fastest growing names in the mobile advertisement domain, Millennial Media, Inc. (NYSE:MM) has recently released its quarterly results for analyzing its financial performance in the first quarter. Millennial has registered a steady growth in its first quarter has acquired some of the biggest deals for all round development of its business. Millennial Media, Inc. (NYSE:MM) shares moved up 0.60% in last trading session and was closed at $3.38, while trading in range of $3.11 – $3.48. Millennial Media, Inc. (NYSE:MM) year to date (YTD) performance is -53.51%.
Career Education Corp. logo Career Education Corp. (NASDAQ:CECO) released its earnings data on Thursday. The company reported ($0.87) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.42) by $0.45. Career Education Corp. (NASDAQ:CECO) ended the last trading day at $4.66. Company weekly volatility is calculated as 11.41% and price to cash ratio as 0.89.Career Education Corp. (NASDAQ:CECO) showed a negative weekly performance of -35.90%.
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