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BlackBerry Ltd. (NASDAQ: BBRY) shares dropped 17.06 percent to close at $8.73 a share Friday. The stock traded between $8.01 and $10.51 on volume of 72.36 million shares traded. The company announced that expects to report a large quarter loss and that it will cut approximately 4,500 jobs. Shares of BlackBerry have fallen approximately 26.0 percent year-to-date.
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Fab Universal Corp. (NYSEMKT: FU) shares declined 17.58 percent to close at $7.36 a share Friday. The stock traded between $7.36 and $9.00 on volume of 3.02 million shares traded. TheStreet Ratings have recently downgraded the company’s rating to "sell" from "hold". Shares of Fab Universal have gained approximately 128.0 percent year-to-date.
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Shutterstock Inc. (NYSE: SSTK) shares increased 16.73 percent to close at $70.41 a share Friday. The stock traded between $62.18 and $70.80 on volume of 3.37 million shares traded. The company announced the pricing of its follow-on offering of 4.6 million shares of its common stock at $60.00 per share. Shares of Shutterstock have gained approximately 65.0 percent year-to-date.
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Sierra Wireless, Inc. (NASDAQ: SWIR)(TSX: SW) shares surged 18.39 percent to close at $14.74 a share Friday. The stock traded between $12.44 and $14.90 on volume of 1.98 million shares traded. The company recently announced the launch of the Sierra Wireless Solution Partner Program and the Sierra Wireless M2M Solution Exchange. Shares of Sierra Wireless have gained approximately 85.0 percent year-to-date.
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