|Last Update: 05/17/13 - 4:00 PM EDT|
|YTD Performance: 42.80%|
|Previous Close: $3.37|
|52 Week Range: $2.09 - $8.79|
|Oustanding Shares: 793,880,397|
|Market Cap: 2,048,118,302|
|Qtr (06/13)||Qtr (09/13)||FY (12/13)||FY (12/14)|
|Number of Analysts||5||5||7||7|
|Growth Rate (Year over Year)||-28.00%||-53.33%||42.38%||17.36%|
High-yield bonds now yield what risk-free 10-year treasuries did five years ago
Many investors took a step back and concluded that this was a trough quarter.
Futures are pointing to a higher open this morning and one standout is online gaming company Zynga. TheStreet's David Peltier has this morning's premarket action from New York.
Yahoo!, BlackBerry and some other unloved stocks are making strong moves.
Now it needs to be more than just a producer of a series of hit games.
ZNGA was downgraded to Neutral from Buy, Bank of America Merrill Lynch said. $3.90 price target. Risk reward less compelling.
Which shares will drop and which will bounce back from it?
Today's notable trades were Research in Motion and Zyga, each gained more than 10%.
The stock appears to have put in a bottom, and it could break out on an earnings report.