Social media giant Twitter, Inc. (TWTR) on Thursday agreed to acquire specialist native mobile advertising startup Namo Media that will complement its purchase of mobile-ad exchange MoPub last year. According to media reports, Twitter would pay around $50 million for the purchase. The acquisition of Namo Media will boost its native advertisement offering.
On last trading day Twitter Inc (NYSE : TWTR), shares ended up $34.05, while trading in range of $33.09 and $34.38 by shares boosted +2.16%. At the closing bell, shares in Twitter Inc recorded a trading volume of 15705879 shares as compared to its average volume of 20826800 shares. Total market capitalization of company is $19.883 billion.
Cyberonics Inc. (CYBX) reported fourth quarter adjusted EPS of $0.55 Wednesday morning, up from $0.46 a year ago. Net sales grew 9.5 percent to $74.85 million, from $68.34 million in the same quarter last year. Analysts expected EPS of $0.54 and revenues of $76.7 million. Full year 2015 EPS is expected to be between $2.33 and $2.39.
Cyberonics Inc (NASDAQ : CYBX), Medical Devices stock ended the day at $59.78, which gained +$1.11 (or +1.89%) and registered an intraday range of $58.50 and $60.23. Company’s Beta (ß) of investment is 0.37 with $1.603 billion market capitalization. Cyberonics Inc recorded 17.80x return on assets (ROA) and 8.20x current ratio. Wall Street Experts rated it a ‘Buy’ stock.
Lions Gate Entertainment (LGF) reported fourth quarter adjusted EPS of $0.42 after the close Thursday, down from $0.61 last year. Analysts expected EPS of $0.40. Revenues dropped to $721.9 million from $785.7 million a year ago. Analysts expected revenues of $823.62 million. Lions Gate Entertainment gapped down sharply Friday and declined throughout the first hour of trade.
Lions Gate Entertainment Corp (NYSE : LGF), soared +2.21% (or +$0.59) in last trading session and ended the day on $27.25, after wavering among $26.58 and $27.54. While Lions Gate Entertainment Corp’s price to cash flow ratio is 3.40, EPS is estimated to be 19.04 in current year. The stock’s return of investment is 8.60x. Market Analysts rated it a ‘Buy’ stock.
FormFactor Inc. (FORM) announced after the close Tuesday that it now expects second-quarter revenues of $65 million to $69 million, up from prior guidance of $62 million to $66 million. Analysts expect revenues of $63.54 million. FormFactor gapped open sharply higher Wednesday and has continued to gain ground on above average volume.
The price of FormFactor Inc (NASDAQ : FORM), surged +$0.13 (or +1.73%) to $7.63 in intraday trading post fluctuating among $7.31 and $7.65. At the closing bell, shares in FormFactor Inc recorded a trading volume of 227435 shares as compared to its average volume of 263422 shares. Total market capitalization of company is $423.8 million. Market Analysts rated it a ‘Hold’ stock.