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  • HP Stock Price Drops 12.4 Percent After Unexpected $8.8 Billion Loss

    HP Stock Price Drops 12.4 Percent After Unexpected $8.8 Billion Loss

    At market opening today, HP took a big hit, with shares (NYSE:HPQ) trading at $11.65, 12.41 percent below yesterday’s level. The company announced disappointing earnings before market opening. As analysts expected a $2.2 billion of net profit, the $8.8 billion loss came as a very bad last minute surprise. HP blames accounting frauds preceding HP’s acquisition of Autonomy. Read More

  • Apple Shares Close Up 7.21% After Recent Fall-Off

    Apple Shares Close Up 7.21% After Recent Fall-Off

    Apple’s share price rose considerably today, climbing 7.21 percent during today’s trading to a closing total of 565.73. The climb comes after the company’s stock hit a six-month low last week, hitting the bottom of a 25 percent drop-off since September when it released the iPhone 5. Analysts today expressed the opinion that the gains made today reflected a return to sanity… Read More

  • Apple’s Stock Price Crashes To Six Month Low And There’s No Bottom In Sight

    Apple’s Stock Price Crashes To Six Month Low And There’s No Bottom In Sight

    The good times can’t last forever. Eventually the music dies off, the balloons pop and everyone goes home. Without sounding the hyperbole alarm, let’s look at the facts. Apple’s stock price has declined steadily since September 19, two days before the iPhone 5 was released. Shares are off 25 percent since September. The stock price closed at a six-month low today. The price… Read More

  • Facebook Stock Price Up 10.3 Percent On The Day As Biggest Lockup Expires, Irrational Changes Are Over

    Facebook Stock Price Up 10.3 Percent On The Day As Biggest Lockup Expires, Irrational Changes Are Over

    Facebook share prices are up today, with shares at 21.91, 10.32 percent above yesterday’s level. It represents a 4.6 billion market capitalization gain. Today the company is experiencing its biggest stock-lockup expiration, with 773 million Facebook shares (NASDAQ:FB) held by employees now eligible to be sold on the open market. Notably, 504 million shares held by Mark Zuckerberg are… Read More

  • Facebook Shares Drop 5 Percent As Employee Lockup Expires

    Facebook Shares Drop 5 Percent As Employee Lockup Expires

    At market opening today, Facebook took another hit, with shares trading at 20.94, 5.02 percent below Friday’s level, the last day trades were made since Hurricane Sandy barreled over the East Coast. Today, 234 million Facebook shares (NASDAQ:FB) held by employees are now eligible to be sold on the market thanks to a stock-lockup expiration. Read More