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New York, NY -- (SBWIRE) -- 09/06/2013 -- Ambarella Inc. (NASDAQ:AMBA) reported second quarter non-GAAP net income of $0.26 per share after the bell Thursday, up from $0.23 per share a year ago. Revenues were $37.7 million, up 35% from $28.0 million last year.
Ambarella gapped open higher Friday and is now up 1.73 at $17.07 on above average volume. The stock has risen to a 3-week high and has re-crossed its 50-day moving average.
Can AMBA show a Strong Recovery? Find out Here
DryShips Inc. (NASDAQ:DRYS) managed to keep its gain at 11.04% on above-normal volume of 20.12M shares. The stock settled at $2.77 after floating in a range of $2.54 to $2.78. Its latest price has reached market capitalization of $1.12 billion. Its 52-week range has been $1.46 to $2.78.
DRYS experienced a surge in options-trading volume, as 31,000 total contracts crossed the tape, or three times the expected daily amount. Nearly 90% of the volume traded on the call side.
What DRYS’s Charts Are Signaling for Traders? Find Out Here
Mattress Firm Holding Corp (NASDAQ:MFRM) reported profit of $14.7 million, or $0.43 per share, as compared to $0.42 per share last year. Revenue for the second quarter came in at $302.54 million, up 15.5 percent from the same quarter, a year earlier.
Analysts were anticipating profit of $0.51 per share on $323.42 million in revenue. Following disappointing results, Mattress Firm shares plummeted 16.55 percent to $34.79 today, on traded volume of 1.85 million.
Is MFRM Buy After The Recent Price Movement? Find Out Here
Micron Technology (NYSE:MU) traded up 0.20% during mid-day trading on Friday, hitting $15.20. 24,892,860 shares of the company’s stock traded hands. Micron Technology has a one year low of $5.16 and a one year high of $15.27. The stock has a 50-day moving average of $13.75 and a 200-day moving average of $11.53.
The company’s market cap is $15.785 billion. Micron Technology also saw some unusual options trading on Wednesday. Stock investors bought 130,315 call options on the company. This is an increase of 109% compared to the average volume of 62,331 call options.
For How Long will MU’s Gloss Attract Investors? Find Out Here
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