Hello, Guest
Login
Sign Up
 
 

Loss Trend: RDN, DDD, GRPN, YOKU

PennyStocksUpdate.biz is devoted to fetch you the most exclusive stocks in the market today. Apart from scanning the markets for the most underrated stocks. We propel those victors directly to your email inbox first ahead of the rest of the marketplace gets a prospect.

 
 
Repost This

New York, NY -- (SBWIRE) -- 03/07/2013 -- Radian Group Inc (NYSE:RDN) shares gained after analysts at Barclays upgraded their rating on the stock from “underweight” to “overweight.”

Radian Group, Inc. is offering 39.1 million shares of common stock and $400 million principal amount of convertible senior notes due 2019. The Company received aggregate net earnings, after guaranteeing discounts and commissions and projected offering expenses, of about $299.5 million from the Common Stock Offering and $389.8 million from the Convertible Notes Offering.

In the last trading session, Radian Group Inc (NYSE:RDN) surged +6.28% and closed at $10.49 with the overall traded volume of 36.65 million shares. The stock hit a new 52 week high of $10.95.

For How Long RDN will Fight for Profitability? Read This Trend Analysis report

3D Systems (NYSE:DDD) reported adjusted EPS of $0.39 (before split), a cent overviews, but missed revenue expectations, as it reported $101.6 million, and analysts were expecting $103.86 million. Revenue was up 45% over the same quarter last year, and 54% for the year, reaching $354.6 million.

Click here to receive FREE breaking news email alerts for DDD

Groupon Inc (NASDAQ:GRPN - 5.39), which is backpedaling after running into its 200-day moving average. In afternoon action, the stock has seen around 23,000 puts cross the tape, more than doubling its average intraday volume.

Garnering the most attention has been the March 5 put, which has seen more than 5,300 contracts change hands -- mostly at the ask price, suggesting they were bought. Plus, data from the International Securities Exchange (ISE) is indicative of buy-to-open orders.

By purchasing the pits at a volume-weighted average price (VWAP) of $0.07, the buyers will profit if GRPN breaches the $4.93 level (strike price minus VWAP) by the closing bell on Friday, March 15, when the front-month options expire. Delta for the puts currently stands at negative 0.25, suggesting the options market is giving the contracts a roughly 1-in-4 chance of being profitable. However, even if GRPN stays north of $5, the most the buyers can lose is the premium paid at initiation.

At last check, GRPN has shed 4.3% to linger in the $5.39 vicinity. Last night, CFO Jason Child said he doesn't expect any changes to the company's business model, despite lackluster fourth-quarter earnings and admittedly unimpressive overseas business. Today, the Groupon board said it expects to fill its open CEO slot within the next three to six months, according to Bloomberg.

Will GRPN Shareholders Sell on Bad Sector News? Free Sign Up Here

Youku Tudou Inc (ADR) (NYSE:YOKU) stock decreased 5.70% to $18.21. The company, on Feb. 28, posted a fourth quarter net loss of RMB 113.57 million or $18.2 million, narrower than pro forma combined net loss of RMB 198.47 million or $31.9 million in the year-ago period. Loss per ADS narrowed to RMB 0.69 or $0.11 from RMB 1.23 per ADS in the prior-year period. Adjusted net loss for the quarter was RMB 62.25 million or $10 million, compared to pro forma combined adjusted net loss of RMB 174.64 million or $28 million in the prior-year quarter. Net revenue for the fourth quarter grew 30 percent to RMB 635.83 million or $102.06 million from pro forma combined net revenues of RMB 489.35 million a year ago.

Is YOKU Signaling a Buy After The Sudden Gain? Don’t Miss Out Free Trend Analysis Here

Disclaimer
Neither PennyStocksUpdate.biz nor its owners, operators, affiliates or anyone disseminating information on its behalf is registered as an Investment Advisor or broker dealer in any jurisdiction whatsoever and none of the information provided by PennyStocksUpdate.biz, owners, operators, affiliates or anyone disseminating information on its behalf should be construed as investment advice or an investment recommendation.PennyStocksUpdate.biz makes no recommendation that the securities of the companies profiled should be purchased, sold or held by individuals or entities that learn of the profiled companies through PennyStocksUpdate.biz. Investing in securities is speculative and carries a high degree of risk and no investment should be made unless you can afford to lose your entire investment. It is possible that an investor's entire investment may be lost or impaired due to the speculative nature of the companies profiled. Please consult a broker before purchasing or selling any securities viewed on or mentioned here in..

Contact:
PennyStocksUpdate.biz
info@pennystocksupdate.biz