Plug Power Inc (NASDAQ:PLUG) this week plunged 27% after first announcing a major deal in the automotive sector and then indicating there was nothing that exciting going on. It wasn’t putting fuel cells into cars, just continuing to supply cells for forklifts in factories. Ballard Power Systems Inc. (BLD/TSX) fell 23% in sympathy. On last trading day Plug Power Inc (NASDAQ:PLUG) ended up 0.15% higher to close at $6.90 while trading in the range of $6.68 – $7.15. Its return on assets (ROA) is -110.80% while return on investment (ROI) is -180.80%. Plug Power Inc (NASDAQ:PLUG) monthly performance is 57.89%.
Micron Technology Inc. (NASDAQ:MU) is set to report second-quarter fiscal 2014 results on Apr 3, 2014. Last quarter, the company recorded 79.07% positive surprise. The company has delivered positive earnings surprises in two of the last four quarters with an average beat of 20.93%. Let’s see how things are shaping up for this announcement. Micron Technology, Inc. (NASDAQ:MU) in last trading activity ended up at $21.91 with day range of $21.70 – $22.54. Company weekly performance is -7.40% while its quarterly performance stands at 0.78%. Micron Technology, Inc. (NASDAQ:MU) is -14.68% away from its 52 week high.
Biogen Idec Inc. and Gilead Sciences Inc. (NASDAQ:GILD) were among the biotech stocks that slumped during the past week, falling 7.7% and 4.9%. Investorsyanked money out of biotech and health-care funds at the heaviest pace of weekly outflows since December 2011. Gilead Sciences, Inc. (NASDAQ:GILD) belongs to Healthcare sector with market capitalization of 105.42 B and has 0.50% insider ownership. In last trading activity company’s stock closed at $68.55 while opening price was $70.62.
Microsoft Corporation (NASDAQ:MSFT) has purchased Japanese developer From Software for an unknown sum. The Studio will be renamed Microsoft Games Tokyo and focus on creating Xbox One exclusive sequels in the Dark Souls series. Dark Souls 3, currently in pre-production, will be the first game in the series to exclusively use Kinect controls. On Friday shares of Microsoft Corporation (NASDAQ:MSFT) opened at $39.79 and closed at $40.30. This Year Company’s Earnings per Share (EPS) growth is 29.00% and next year’s estimated EPS growth is 7.25%. Analysts mean target price for Microsoft Corporation (NASDAQ:MSFT) is $39.60.
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