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Los Angelas, CA -- (SBWIRE) -- 02/01/2013 -- Microsoft Corporation (NASDAQ:MSFT) increased +1.44%, or +$0.39, to trade at $27.84 after hitting an intraday high level of $27.89. The total traded volume so far in the current trading session is 13.42 million shares, as compared to average 52.11 million shares. Its fifty two week trading range is $26.26 – $32.95. The total market capitalization reached $233.45 billion.
Microsoft Corporation is engaged in developing, licensing and supporting a range of software products and services. The Company also designs and sells hardware, and delivers online advertising to the customers.
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Brightcove Inc (NASDAQ:BCOV) plunged 23% after issuing light 2013 guidance to go with its Q4 beat, and disclosing CEO Jeremy Allaire will be stepping down as of March 31. Allaire, who will remain chairman, will be succeeded as CEO by COO/former Adobe exec David Mendels after holding the job for eight years. Brightcove mentioned on its earnings call it had 52 premium service net adds in Q4, down from 76 in Q3, and that it plans to invest more in sales/marketing for this segment.
Brightcove, Inc. provides Internet television services. It offers services in the areas of action, educational, family, films and shorts, food and drink, funny gaming, health, living, mature, music, motor sports, news, outdoors, sexy, sports, travel, television faves, and underground.
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Oracle Corporation (NASDAQ:ORCL) was upgraded by BMO Capital (BMO) to outperform from market perform with a price target of $43 due an improved sales growth outlook. Shares are higher by about 1.9 percent.
Oracle Corporation is a provider of enterprise software and a provider of computer hardware products and services. Its software, hardware systems, and services businesses develop, manufacture, market, host and support database.
How To Trade ORCL Now After The Recent Volatile Moves? Find Out Here
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