Groupon Inc (NASDAQ:GRPN) gained 6.84%, and closed at $7.97. %. Its 20-day moving average gained 8.93%, above 50-day moving average of 6.31%, but above 200-day moving average of 17.72%. The mean recommendation of analysts for this stock is 2.40. (where 1=Buy, 5=Sale).
Groupon, Inc. declared financial results for the quarter and fiscal year ended December 31, 2014.
Gross billings, which reflect the total dollar value of customer purchases of goods and services, increased 31% globally to $2.1 billion in the fourth quarter 2014, contrast to $1.6 billion in the fourth quarter 2013. Excluding the $82.2 million unfavorable impact from year-over-year changes in foreign exchange rates throughout the quarter, billings raised 36% contrast to fourth quarter 2013. On this F/X neutral basis, North America billings raised 20%, EMEA raised 8% and Rest of World raised 154%, driven by the first-quarter acquisition of Ticket Monster.
Groupon, Inc. operates online local commerce marketplaces that connect merchants to consumers by offering goods and services at a discount worldwide.
FireEye Inc (NASDAQ:FEYE) surged 6.64%, and closed at $42.26. The stock has price to sale value of 14.93, however, price to book value is 4.99. The mean recommendation of analysts for this stock is 2.30. (where 1=Buy, 5=Sale).
The company will present Pacific Crest 10th Annual Emerging Technology Summit, San Francisco, CA, Presentation: Tuesday, March 3, 2015 at 8 a.m. PST.
FireEye, Inc. provides products and services for detecting, preventing, and resolving advanced cybersecurity threats.
Oclaro, Inc. (NASDAQ:OCLR) jumped 6.16%, and closed at $1.55. Its 20-day moving average dropped -1.99%, below 50-day moving average of -10.64%.
The firm declared the pricing of its offering of $55,000,000 aggregate principal amount of 6.00% Convertible Senior Notes due 2020. The Convertible Notes will be offered and sold to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended, by the initial purchaser of the Convertible Notes. Oclaro has also granted the initial purchaser of the Convertible Notes a 30-day option to purchase up to an additional $10,000,000 aggregate principal amount of the Convertible Notes.
Oclaro, Inc. designs, manufactures, and markets lasers and optical components, modules, and subsystems for the optical communications, industrial, and consumer laser markets worldwide.
Cornerstone OnDemand, Inc. (NASDAQ:CSOD) climbed 6.10%, and closed at $35.03. The stock has the beta value of 1.17, and its volatility for the week is 6.47%, while for the month it is 4.86%. The company has the market capitalization of $1.88 billion.
The Cornerstone’s administration declared results for its fourth quarter and year ended December 31, 2014.
Revenue for the fourth quarter of 2014 was $76.4 million, representing a 39% increase compared to the same period in 2013. Revenue for the full year of 2014 was $263.6 million, representing a 42% increase compared to the same period in 2013.
Cornerstone OnDemand, Inc. provides cloud-based talent management solutions delivered as software-as-a-service. It offers four integrated clouds for recruiting, learning management, performance management, and extended enterprise.
