On Wednesday, Following Stocks were among the “Top Losers” of U.S. Stock Market: GoPro, (NASDAQ:GPRO), Ubiquiti Networks, (NASDAQ:UBNT), Cliffs Natural Resources, (NYSE:CLF), ON Semiconductor, (NASDAQ:ONNN)
GoPro, (NASDAQ:GPRO),with shares declined -5.81%, closed at $40.89.
Ubiquiti Networks, (NASDAQ:UBNT), with shares dropped -5.41%, settled at $27.95.
Cliffs Natural Resources, (NYSE:CLF), with shares dipped -5.41%, and closed at $4.55.
ON Semiconductor, (NASDAQ:ONNN), plummeted -5.16%, and closed at $11.49.
Latest NEWS regarding these Stocks are depicted underneath:
GoPro, Inc. (NASDAQ:GPRO)
Formerly on March 17, GoPro, Inc. (GPRO), declared that The GoPro Channel app has been downloaded over one million times on the Xbox video game and entertainment system from Microsoft. Additionally, users are watching an average of 25 minutes of GoPro videos during each viewing session. The GoPro Channel allows Xbox members worldwide to stream GoPro content on-demand, share favorite videos, and purchase cameras and accessories directly through the console.
In addition to Xbox One and Xbox 360 entertainment systems, The GoPro Channel is coming soon to Roku and is presently accessible on LG Smart TVs, in-flight on Virgin America, and social channels counting YouTube, Facebook, Twitter, Instagram, Vimeo, Pinterest and GoPro.com/Channels.
GoPro, Inc. develops hardware and software solutions to alleviate consumer pain points associated with capturing, managing, sharing, and enjoying engaging content.
Ubiquiti Networks, Inc. (NASDAQ:UBNT)
Ubiquiti Networks, Inc. (UBNT), stock has price to sale ratio of 4.04, however, price to book ratio is 6.28. With recent decline, the year-to-date (YTD) performance reflected a -5.70% decline below last year. During the past month the stocks lose -11.86%, bringing three-month performance to -6.43% and six-month performance to -25.13%. The mean recommendation of analysts for this stock is 2.30. (where 1=Buy, 5=Sale).
Ubiquiti Networks, Inc., together with its auxiliaries, provides various networking products and solutions for service providers and enterprises in the United States and internationally. The corporation’s service provider product platforms provide carrier-class network infrastructure for fixed wireless broadband, wireless backhaul systems, and routing; and enterprise product platforms provide wireless LAN infrastructure, video surveillance products, and machine-to-machine communication components.
Cliffs Natural Resources Inc. (NYSE:CLF)
Cliffs Natural Resources Inc. (CLF), declared that, on March 30, 2015, it reached a new senior secured asset-based revolving credit facility and successfully accomplished its formerly declared private offering of $540 million aggregate principal amount of 8.250% Senior Secured Notes due March 31, 2020. From the Offering of the New First Lien Notes, the Corporation received net proceeds, after the initial purchasers’ discounts and the payment of fees and expenses, of about $491.4 million. The Corporation used a portion of the net proceeds from the Offering to repay all amounts outstanding under its former revolving credit facility and intends to use the remainder for general corporate purposes. Additionally, the New ABL Facility is predictable to provide up to $550 million in borrowing availability on a revolving basis, subject to a borrowing base limitation and the issuance of letters of credit.
Cliffs Natural Resources Inc., a mining and natural resources corporation, produces iron ore and metallurgical coal. It operates five iron ore mines that produces iron ore pellets in Michigan and Minnesota; Koolyanobbing complex situated in northeast of the town of Southern Cross, which produces lump and fines iron ore; and two metallurgical coal mines located in Alabama and West Virginia.
ON Semiconductor Corp. (NASDAQ:ONNN)
Formerly on March 18, ON Semiconductor Corp. (ONNN), declared its top 2014 distribution partners. These awards honor the distributor in each region that led overall channel sales, grew market share, captured raised sales of products from attainments made by ON Semiconductor, and scored high on overall process excellence.
ON Semiconductor Corporation manufactures and sells semiconductor components for various electronic devices worldwide. It operates in four segments: Application Products Group, Image Sensor Group, Standard Products Group, and System Solutions Group.
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