Plug Power Inc (NASDAQ:PLUG) revealed plans to sell 15 million shares tonight at a value of about $96.2 million (according to last night’s closing price). While this is the fifth offering since the beginning of last year, The Wall Street Journal notes that this one will really test how confident investors are in the fuel cell provider. Over the last year or so, shares of Plug Power have risen by about 12-fold. Plug Power Inc (NASDAQ:PLUG) shares after opening at $6.50 moved to $6.57 on last trade day and at the end of the day closed at $6.01 . Company price to sales ratio in past twelve months was calculated as 35.29 and price to cash ratio as 78.59. Plug Power Inc (NASDAQ:PLUG) showed a negative weekly performance of -15.11%.
Youku Tudou Inc. (ADR) (NYSE:YOKU) China’s leading Internet television company, announces that it has inked strategic partnerships with most of China’s leading smart TV and OTT manufacturers, 8 of which are an exclusive integration of the pre-installed Youku Tudou App. Youku Tudou Inc (ADR) (NYSE:YOKU) shares fell -5.31% in last trading session and ended the day on $24.45. YOKU return on equity ratio is recorded as -7.30% and its return on assets is -6.30%. Youku Tudou Inc (ADR) (NYSE:YOKU) yearly performance is 32.38%.
Equities researchers at Macquarie dropped their price objective on shares of Fusion-io Inc (NYSE:FIO) from $11.00 to $10.00 in a research report issued on Thursday, AnalystRatings.Net reports. Macquarie’s price objective would indicate a potential upside of 3.31% from the company’s current price. Fusion-IO, Inc. (NYSE:FIO) shares moved down -10.74% in last trading session and was closed at $8.64 while trading in range of $8.44 – $9.37 – Fusion-IO, Inc. (NYSE:FIO) year to date (YTD) performance is -3.03%.
Under Armour, Inc. (NYSE:UA) announced financial results for the first quarter ended March 31, 2014. Net revenues increased 36% in the first quarter of 2014 to $642 million compared with net revenues of $472 million in the prior year’s period. Net income increased 73% in the first quarter of 2014 to $14 million compared with $8 million in the prior year’s period. Under Armour Inc (NYSE:UA) weekly performance is -6.20%. On last trading day company shares ended up $50.42. Under Armour Inc (NYSE:UA) distance from 50-day simple moving average (SMA50) is -10.32%. Analysts mean target price for the company is $52.83.
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