On Friday, Following Stocks were among the “Top 100 Losers” of U.S. Stock Market: Net Element, Inc. (NASDAQ:NETE), Pioneer Energy Services Corp. (NYSE:PES), Nanosphere, Inc. (NASDAQ:NSPH), Netlist Inc. (NASDAQ:NLST)
Net Element, Inc. (NASDAQ:NETE), with shares declined -8.27%, closed at $1.22.
Pioneer Energy Services Corp. (NYSE:PES), with shares dropped -8.08%, settled at $4.89.
Nanosphere, Inc. (NASDAQ:NSPH), with shares dipped -7.78%, and closed at $0.228, hitting new 52-week low of $0.22.
Netlist Inc. (NASDAQ:NLST), plummeted -7.65%, and closed at $0.637.
Latest NEWS regarding these Stocks are depicted underneath:
Net Element, Inc. (NASDAQ:NETE)
SeeThruEquity, a leading independent equity research and corporate access firm focused on smallcap and microcap public companies, recently declared that it has issued a corporation update on Net Element, Inc. (NETE).
“We see the attainment of PayOnline as planned for Net Elements, as the corporation already has a strong presence in Russia, CIS, Europe and Asia and all representing attractive markets with noteworthy growth potential for online and mobile payments. Russia, for example, is the 6th largest global market for online payments, according to McKinsey & Corporation, accounting for $50Bn in payments annually. The country has several attractive growth characteristics, with ecommerce growing at a 22% annual rate and a long runway for potential growth, with only 43% of the Russian population using the Internet. We are reiterating our raising our 12 month price target on NETE of $5.17 per share,” stated Ajay Tandon, CEO of SeeThruEquity.
Net Element, Inc., a technology corporation, specializes in mobile commerce and payment processing for electronic commerce in the United States, Russia, and the Commonwealth of Independent States. It operates in one segment, Transactional Processing and Mobile Payment Solutions.
Pioneer Energy Services Corp. (NYSE:PES)
Pioneer Energy Services Corp. (PES), declared that it will release its first quarter 2015 financial results before the market opens on Thursday, April 30. In conjunction with the release, Pioneer has planned a conference call that will be broadcast live over the Internet the same day starting at 11:00 a.m. Eastern Time (10:00 a.m. Central Time).
Pioneer Energy Services Corp., through its auxiliaries, provides drilling services and production services to oil and gas exploration and production companies in the United States and Colombia.
Nanosphere, Inc. (NASDAQ:NSPH)
Nanosphere, Inc. (NSPH), and Scripps Health, a private, nonprofit, integrated health system in San Diego, California, declared publication of a study that demonstrates the clinical and economic influence of implementing rapid sepsis diagnostic testing with the Corporation’s FDA-cleared Verigene(R) Gram-Positive Blood Culture Test (BC-GP) in combination with Antimicrobial Stewardship Team (AST) intervention.
This multi-center, pre-post study was conducted at the five hospitals that compose Scripps Health in San Diego, California and published in the peer-reviewed journal Pharmacotherapy.
The statistically noteworthy findings comprised of a 25.7 hour reduction in time to targeted therapy (61.1 as compared to 35.4 hours), a 1.9 day median reduction in length of stay (9.1 as compared to 7.2 days) and $7,240 reduction in median hospital costs per patient ($17,530 as compared to $10,290).
The manuscript, published under the title “Outcomes of Rapid Identification for Gram Positive Bacteremia in Combination with Antibiotic Stewardship at a Community Based Hospital System,” was composed by Maggix Box, PharmD, Eva Sullivan, PharmD, Kristine Ortwine, MPH, Mark Parmenter, PharmD, Michael Quigley, MD, Louise Aguilar-Higgins, CLS, MT, Cynthia MacIntosh, CLS, Kristina Goerke, CLS, and Rachael Lim, PharmD.
Nanosphere, Inc. develops, manufactures, and markets molecular diagnostic tests that can lead to earlier disease detection, optimal patient treatment, and improved healthcare economics. It offers a molecular diagnostics platform, Verigene System platform that enables clinicians to identify and treat the bacteria and viruses for complex, costly, and deadly infectious diseases.
Netlist Inc. (NASDAQ:NLST)
Netlist Inc. (NLST), stated financial results for the fourth quarter and full year ended December 27, 2014.
Proceeds for the three months ended December 27, 2014, were $2.5 million, contrast to proceeds of $7.7 million for the fourth quarter ended December 28, 2013. Gross loss for the three months ended December 27, 2014, was ($0.1) million contrast to a gross profit of $1.9 million, for the fourth quarter ended December 28, 2013.
Adjusted EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) was a loss of ($4.8) million for the fourth quarter ended December 27, 2014, contrast to an adjusted EBITDA loss of ($0.5) million for the preceding year period.
Net loss for the fourth quarter ended December 27, 2014, was ($5.8) million, or ($0.14) loss per share, contrast to a net loss in the preceding year period of ($1.6) million, or ($0.05) loss per share. These results comprise stock-based compensation expense of $0.5 million for the fourth quarter of 2014, contrast to $0.4 million for the fourth quarter of 2013.
Proceeds for the twelve months ended December 27, 2014, were $19.2 million, contrast to proceeds of $23.0 million for the twelve months ended December 28, 2013. Gross profit for the twelve months ended December 27, 2014, was $4.0 million, or 20.7 percent of proceeds, contrast to a gross profit of $3.1 million, or 13.5 percent of proceeds, for the twelve months ended December 28, 2013.
Net loss for the twelve months ended December 27, 2014, was ($15.4) million, or ($0.38) loss per share, contrast to a net loss in the preceding year period of ($10.8) million, or ($0.35) loss per share. These results comprise stock-based compensation expense of $2.0 million and $1.7 million for the twelve month periods ended December 27, 2014 and December 28, 2013, respectively.
Netlist, Inc. designs, manufactures, and sells a range of logic-based memory subsystems for the datacenter, storage, and high-performance computing markets worldwide. Its memory subsystems comprise of combinations of dynamic random access memory integrated circuits, NAND flash memory components, application-specific integrated circuits, and other components assembled on printed circuit boards.
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