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eFuture Information Technology Inc. (NASDAQ: EFUT) shares soared 34.15 percent to close at $3.81 a share Monday. The stock traded between $3.45 and $6.00 on volume of 5.16 million shares traded. The company announced that it has signed an agreement with Rainbow Department Store Company Ltd to launch the myStore platform. Shares of eFuture are down approximately 4.5 percent year-to-date.
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Harvest Natural Resources, Inc. (NYSE: HNR) shares surged 19.29 percent to close at $4.70 a share Monday. The stock traded between $4.36 and $5.19 on volume of 3.47 million shares traded. Wunderlich Securities’ analyst Jason Wangler has recently upgraded the company’s rating to “buy” and has also raised its price target to $9.00.
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SouFun Holdings Limited (NYSE: SFUN) shares spiked 11.31 percent to close at $40.26 a share Monday. The stock traded between $36.00 and $41.71 on volume of 1.33 million shares traded. Data from China’s National Bureau of Statistics showed new home prices in Beijing and Shanghai spiked 14 percent in July. Shares of SouFun have gained approximately 60.0 percent year-to-date.
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United States Steel Corporation (NYSE: X) shares fell 4.41 percent to close at $17.99 a share Monday. The stock traded between $17.93 and $18.80 on volume of 7.13 million shares traded. The company announced that its Board of Directors has elected President and Chief Operating Officer Mario Longhias to succeed Chairman John P. Surma as chief executive officer effective Sept. 1. Shares of United States Steel have fallen approximately 24.0 percent year-to-date.
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