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Top Losers: Merge Healthcare Inc, Entropic Communications, Apollo Global Management, Demand Media Inc

 
 
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Lakeway, NY -- (SBWIRE) -- 02/22/2013 -- ThePennyStockProfiler.com, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on the following stocks:-

Merge Healthcare Inc. (NASDAQ:MRGE) shares dropped 4.86% and closed at $2.35 in the last trading session. On February 19, MRGE issued its quarterly earnings. The company reported ($0.19) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.04) by $0.15. The company reported revenue of $65.10 million for the quarter, compared to the consensus estimate of $64.92 million. Additionally, Dougherty & Company upgraded shares of Merge Healthcare (NASDAQ: MRGE) from a neutral rating to a buy rating in a research note released on Tuesday morning. They currently have $3.50 price target on the stock.

Is MRGE a Strong After The recent price Movement? Let’s Find out Here

Entropic Communications, Inc. (NASDAQ:ENTR) shares declined 4.86% to $4.31. On Feb. 5, the company reported its fourth quarter and fiscal results for the period ended December 31, 2012. Revenue in the fourth quarter came in at $89.7 million, leading to record annual sales of $321.7 million. Non-GAAP net income was $7.6 million, or $0.08 per share.

Is ENTR a Strong Buying Opportunity After The Recent Slump? Find out Here

Apollo Global Management LLC (NYSE:APO) shares fell 4.85% and closed at $21.20. The company had begin its Ex-dividend trading on Feb. 15, and further scheduled to make a cash dividend payment of $1.05 per share on the 28th this month. Shareholders who purchased APO stock prior to the ex-dividend date were considered eligible for the cash dividend payment. This represents an increase of 162.5% over the previous quarter.

Is APO Signaling a Buy Signal After The recent Volatility? Let’s Find out Here

Demand Media Inc (NYSE:DMD) shares decreased 4.81% and closed at $7.91 in the yesterday’s session. The company announced its earnings results on Feb. 19. The company reported $0.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.11. . The revenue stood $103.10 million for the quarter, compared to the consensus estimate of $96.70 million. During the same period last year, the company posted $0.08 earnings per share. . The company’s quarterly revenue was up 22.2% on a year-over-year basis.

Additionally, the company also said its board of directors approved exploring a plan that would split the company into two publicly traded firms, one of which would be a pure-play media company focused on content creation and Web properties, and a second company that would provide domain-registry and other services.

Is DMD a Strong Buying Opportunity After The Recent Fall? Find out Here

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