During Wednesday’s trade, following is the summary for Technology sector:
- Plug Power Inc (NASDAQ:PLUG), was the top gainer of the technology sector for the late trading session, and added 6.54% to the share.
- AOL, Inc (NYSE:AOL), was among the top loser of the sector, losing -10.28% from the share, and settled at $40.22.
- Texas Instruments Incorporated (NASDAQ:TXN), lately hits new 52-week high of $56.23, and settled at $56.00.
- Benefitfocus Inc (NASDAQ:BNFT), lately hits new 52-week low of $20.08, and was settled at $20.38.
- Lifelock Inc (NYSE:LOCK), was the most volatile stock and it remained 6.75% volatile for the week and 4.73% for the month.
- Cisco Systems, Inc (NASDAQ:CSCO), was the most active stock for the session, and gained volume of 46.23M.
- Sprint Corp (NYSE:S), will release their earning report, before the market close today.
Details about some major gainers from technology sector, during Wednesday’s trade are described below:
CafePress Inc. (NASDAQ:PRSS)’s shares skyrocketed 34.43% and led the share to close at $2.85, during its last trade, following the news that CafePress, declared that it has reached a definitive contract to divest its Art business. The divesture is a component of the Company’s strategy to streamline operations, optimize its product offerings and focus on growing its core business, CafePress.com. Under terms of the contract, CafePress would sell its Art business to privately held Circle Graphics, Inc., for about $31.5 million in cash. Although no assurances as to timing can be made, the transaction is predictable to close during the first quarter of 2015, and is subject to certain adjustments and closing conditions. The Art business represented about 20 percent of CafePress’s total proceeds in 2014.
CafePress Inc. (NASDAQ:PRSS), is passionate about assisting individuals forge connections and celebrate their identities, interests and obsessions through unique products and content.
Shares of LiveDeal, Inc. (NASDAQ:LIVE), jumped nearly 16.31% and closed at $3.78, soon after LiveDeal, declared that it anticipates to release its latest financials today. Latest financials, will be an update on trends that could make LiveDeal a breakout stock in 2015,
- Evidence that the coming year’s proceeds are on track to uphold 2014’s stellar 209% growth rate.
- An update on the number of restaurants to confirm recent reports that the pace of signups is accelerating and reaching critical volume.
- Confirmation that LiveDeal’s strong cash position and low debt remain intact to pay for further growth.
- New capabilities such as delivering real-time content to search engines.
LiveDeal, Inc. (NASDAQ:LIVE), together with its auxiliaries, provides specialized online marketing solutions for small and medium-sized local businesses in the United States.
Plug Power Inc. (NASDAQ:PLUG), surged 6.54% to close at $3.26, as Plug Power, on January 27, declared changes to its corporate administration team that provide the structure needed to enable Plug Power to translate success and momentum generated in 2014 into profitable growth opportunities in 2015. Tim Cortes has joined Plug Power as Vice President of Hydrogen. Cortes will oversee the company’s GenFuel business, counting interactions with customers, partners and suppliers critical to increasing Plug Power’s growing market share within the hydrogen fuel industry.
Plug Power Inc. (NASDAQ:PLUG), is revolutionizing the industry with cost-effective solutions that raise productivity, lower operating costs and reduce carbon footprint. Its signature solution, GenKey, provides an all-inclusive package for customers, incorporating GenFuel hydrogen and fueling infrastructure, GenCare aftermarket service and either GenDrive or ReliOn fuel cell systems.
Shares of the TrueCar, Inc. (NASDAQ:TRUE), gained 6.21% & closed at $19.49, as TrueCar, redesigned its dealer certification program to assist TrueCar Certified Dealers improve their sales closing rates and customer satisfaction scores. Dealers who accomplished the previous certification program had an average 30 percent raise in closing rates, according to TrueCar data.
TrueCar, Inc. (NASDAQ:TRUE), the negotiation-free car buying and selling mobile marketplace, gives consumers transparent insight into what others paid and access to guaranteed savings off MSRP from TrueCar Certified Dealers.
3D Systems Corporation (NYSE:DDD), mounted 5.51% to close at $31.41, as 3D Systems, declared that it has accomplished its attainment of all shares of Cimatron Ltd. (CIMT) for about $97 million, inclusive of Cimatron’s net cash. The integration of Cimatron’s software products into the company’s portfolio strengthens 3DS’ leadership position in 3D-printing-centric advanced manufacturing by enabling a seamless digital workflow between design and traditional and additive manufacturing processes. The transaction adds complementary technology, extends 3DS’ sales coverage globally, multiplexes cross-selling opportunities and is predictable to be accretive to the company’s cash generation and Non-GAAP earnings per share for the full year 2015.
3D Systems Corporation (NYSE:DDD), is pioneering 3D design and fabrication for everyone. 3DS provides the most advanced and comprehensive solutions counting 3D printers, print materials and cloud sourced custom parts. Its powerful ecosystem empowers professionals and consumers everywhere to bring their ideas to life in material choices counting plastics, metals, ceramics and edibles.




