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.
New York, NY -- (SBWIRE) -- 01/14/2013 -- Dendreon Corporation (NASDAQ:DNDN) shares increased 20.98% to $6.17 after the company, prior last week, announced preliminary revenues for the fourth quarter ended December 31, 2012. Net product revenue for the quarter is expected to be approximately $85.5 million, which includes an approximate $3.8 million favorable adjustment to the Company’s chargebacks reserve due to a change in estimate. On a pro-forma basis, excluding this adjustment, revenue for the quarter is expected to be approximately $81.6 million, up 5% on a sequential basis.
Is DNDN Ready To Move Back To New Highs This Year? Find Out Here
Zynga Inc (NASDAQ:ZNGA) shares climbed 4.44% to $2.59. The company, last week, confirmed that it has carried out 11 of the planned shutdowns of 13 game titles, with “Petville” being the latest game on which it pulled the plug. The company in October said it would shut down 13 underperforming titles after warning that its revenues were slowing as gamers fled from its once-popular titles published on the Facebook platform in large numbers and sharply revised its full-year outlook.
Can ZNGA Extend Jump? Find Out Here
Despite a whopping year-over-year gain of more than 156%, Sprint Nextel Corporation (NYSE:S) was downgraded at J.P. Morgan Securities (to "neutral" from "overweight") and UBS (to "neutral" from "buy") today. This bearish attitude is prevalent among short-term speculators, as well. The equity's Schaeffer's put/call open interest ratio (SOIR) sits at 1.14, indicating puts outpace calls among the front three-months' series of options. This ratio is docked in the 76th percentile of its annual range, denoting a healthier-than-usual appetite for near-term puts over calls.
Should A Trader Buy Or Sell S Now: CHECK HERE
Microsoft Corporation (NASDAQ:MSFT), after opening at $26.49 hit the high price of $26.93 and then closed at $26.83 by scoring +1.40%. MSFT generated revenue of 72.36 billion in the previous twelve months and earned $15.71 billion. The Company showed a positive +21.71% in the net profit margin and its operating margin remained +27.46%.
Microsoft Corporation (NASDAQ:MSFT) showed weekly upbeat performance of +0.34%, which was maintained for the month at -1.79%. Likewise, the negative performance for the quarter was recorded as -7.61% and for the year was -0.89%, while the YTD performance remained at +0.45%.
Should Investors Buy MSFT Now? Free Sign Up Here For MSFT Analyst Report
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..
Copyright © 2005-2013 - SBWire, The Small Business Newswire - All Rights Reserved - Important Disclaimer
Contact Us: 888-4-SBWIRE (US) - 920-321-1250 (International)