Crocs, Inc.(NASDAQ:CROX) is gaining strong momentum in today’s momentum as the stock jumped over 2% CEO John McCarvel gives a positive interview to USA Today. McCarvel asserts Crocs' casual footwear leaves it well-positioned in Asia (expected to be its largest market by the end of 2013), and notes counterfeit Crocs stores have emerged n the region.
Allot Communications Ltd.(NASDAQ:ALLT) climbed 1.83% to $23.35 after hitting an all-time high of $23.47 earlier in the session. This morning, analyst at Oppenheimer raised price target on the stock by 30% to $26 with an Outperform rating. The stock has surged about 9.505 over the past one week. Moreover, yesterday, analyst at Wunderlich lifted their price target on the stock by $4 to 426 with a "buy" rating on the stock.
Amazon.com, Inc.(NASDAQ:AMZN) shares are taking breathing this morning and fell 0.405 to $203.80 after surging over 5% during the past one week. The stock had been showing solid uptrend on Kindle Touch's e-ink display will be hitting the UK, Germany, France, Spain and Italy on April 27th, though you can plunk down your cash for one right now. The UK version of the reader will run you £109 for WiFi-only and £169 when you tack on 3G functionality.
Research In Motion Limited (USA)(NASDAQ:RIMM) shares are trading higher surprisingly despite the company continued to provide disappointing results and announced the resignation of key board members including former chief executive Jim Balsillie's resignation from the board. Reversing a year ago profit of of $934 million, or $1.79 a share. Revenue for the quarter stood at $4.19 billion, down from $5.56 billion in the same period last year. Analysts were targeting the company to report earnings of $0.81 a share on revenue of $4.54 billion. The company said it shipped 11.1 million smartphones in the quarter — at the low end of its previously expected range of 11 million- to 12 million units.
No comments:
Post a Comment