Stocks Most Active For The Day ( SKUL, YELP, FB, FSLR )

Los Angelas, CA -- (SBWIRE) -- 09/17/2012 -- Skullcandy, Inc. (NasdaqNM:SKUL) is +1.17 - +9.82% from the previous close of $11.92. It traded between $12.27 - 13.24 with total traded volume of 1719705 shares. At Current Market Price, SKUL is in distance of -13.81% from its 50-day Moving Average price of $15.1866 and -10.62% from its 200-day Moving Average price of $14.6456. Skullcandy (Nasdaq: SKUL) shares took a 16% hit yesterday after a Morgan Stanley downgrade. Analyst Jay Sole was disheartened after channel checks showed deep discounting for the company's audio accessories across several retailers. His price target is dropping from $21 to $15, and he's also lowering his profit estimates for 2012 and 2013. Sole points to Beats by Dr. Dre headphones taking more market share than the analyst was expecting, but it can't be a coincidence that the report comes out a day after the new iPhone and iPod EarPods were introduced.

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Yelp Inc. Class A (NYSE:YELP) is very active today and traded between $24.06 - 26.50 with total traded volume of 1726330 shares. At a current price of 26.18, YELP is +2.23 - +9.31% from the previous close of $23.95. Moreover, At Current Market Price, YELP is in distance of +17.82% from its 50-day Moving Average price of $22.2194 and +18.71% from its 200-day Moving Average price of $22.0543. Yelp, Inc. (NYSE:YELP) has reported that in its previous quarter the mobile app had 7.2 million individual monthly users. “When you consider that 40% of our searches come from mobile apps there is quite a bit of un-monetized mobile traffic that we expect to unlock in the near future,” Yelp CEO Jeremy Stoppelman stated during a recent earnings call. As of now, Yelp’s “check-in” feature is in the process of an integration with Apple’s anticipated map application. The shares traded up $1.93 (8.06%) recently at $25.88.

Can YELP Make a Target Of $32.00 : Get Free Analysist Report

Facebook, Inc. (NasdaqNM:FB) is very active today and traded between $20.90 - 22.08 with total traded volume of 72819640 shares. At a current price of 22.00, FB is +1.287 - +6.21% from the previous close of $20.713. Moreover, At Current Market Price, FB is in distance of +8.88% from its 50-day Moving Average price of $20.2054 and -15.16% from its 200-day Moving Average price of $25.9311. Facebook, Inc. (NASDAQ:FB) has seen an increase to its highest price in a month due to optimism regarding new advertising platforms as it attempts to assist the world’s largest social network boost revenue. The shares saw an increase of 5.6 percent to $21.87 at 11:57 a.m. in New York. It reached $22.08 earlier, which is the highest intraday price seen since Aug. 13. Nearly half of the stock’s value was lost since it its initial public offering, which caused investors to question whether the company could find a way to earn money from the increasing amount of users accessing the service via mobile phones. The shares traded up $1.08 (5.20%) recently at $21.79.

Can YELP Make a Target Of $32.00 : Get Free Analysist Report

First Solar, Inc. (NasdaqNM:FSLR) is very active today and traded between $22.851 - 24.93 with total traded volume of 10226469 shares. At a current price of 24.61, FSLR is +2.005 - +8.87% from the previous close of $22.605. Moreover, At Current Market Price, FSLR is in distance of +18.31% from its 50-day Moving Average price of $20.8011 and +27.37% from its 200-day Moving Average price of $19.3219. First Solar Inc. FSLR -0.57% jumped almost 9% to $24.61 a share on Friday to bring its total rise to 82% in the past three months. The gain looks pretty impressive by itself, but keep in mind First Solar is still down 27% so far in 2012 after a tough year for the only pure-play renewable energy specialist in the S&P 5oo Index $SPX +0.40% . The latest surge comes as investors bet that better times may be ahead for Europe, opening up the possibility for more subsidies for renewable power. An effort underway by the European Central Bank to roll out a new soverign bond-buying program, on top of the latest move by the U.S. Federal Reserve to buy back mortgage securities in its QE3 plan, has set up a bull run in shares of First Solar along with equities in the energy and materials sectors.

Can FSLR Make a Target Of $30.00 : Get Free Analysist Report.

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