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TrendingWallStreet.com Begins Volume Coverage on BLOX, GRPN, XXII, and DEWM

Wednesday, 12 February 2014 12:10 AM

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Infoblox Inc. (NYSE: BLOX) shares closed down 48.13 percent on Tuesday with roughly 27 million shares traded. The stock was one of the biggest decliners on the NYSE and even sank to a new 52-week low of $17.10 during intra-day trading. The company warned on Monday that its fiscal Q2 revenue will come in below expectations, and cut its year view as well, citing a “much weaker January than expected, fewer large transactions, and weakness in Federal buying.”

Get more information on Infoblox Inc. and free access to the in-depth equity report at: www.TrendingWallStreet.com/stockquote/BLOX

Groupon, Inc. (NASDAQ: GRPN) shares closed down 6.14 percent on Tuesday with about 41 million shares traded. The stock had a significant boost in trading volume compared to an average usually of 16.8 million shares traded. The drop came after the company revealed that one of its senior executives is leaving the company next month.Jeffrey Holden, a senior vice president of product management, will leave Groupon March 18. He will join another company, which Groupon did not name.

Get more information on Groupon, Inc. and free access to the in-depth equity report at: www.TrendingWallStreet.com/stockquote/GRPN

22nd Century Group, Inc. (OTCBB: XXII) shares closed up 11.48 percent on Tuesday making the stock one of the biggest gainers in the OTCBB market. The company traded nearly 550,000 shares after announcing that the Company last week submitted documentation to the New York Stock Exchange (“NYSE”) and answered questions pursuant to an initial request letter as a first step toward filing a formal application for listing its common shares on NYSE MKT.

Get more information on 22nd Century Group, Inc. and free access to the in-depth equity report at: www.TrendingWallStreet.com/stockquote/XXII

Dewmar International BMC, Inc. (OTC: DEWM) shares closed up nearly 105 percent on Tuesday making Dewmer one of the biggest gainers the OTC market saw. Nearly 700 million shares were traded after the company announced that in the interest of the Company's major expansion plans into the industrial hemp and medical marijuana industries, the Company has secured a co-branding and professional consulting services agreement with The Industrial Hemp and Medical Marijuana Consulting Company, Inc., a wholly-owned subsidiary of Hemp, Inc. (OTC Pink: HEMP).

Get more information on Dewmar International BMC, Inc. and free access to the in-depth equity report at: www.TrendingWallStreet.com/stockquote/DEWM

 

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