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Groupon Could be affected by Illinois Sales Tax Law; Giga-tronics Soars on Major Aerospace Company Agreement

Tuesday, 03 June 2014 01:00 AM

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EveryWare Global, Inc. (NASDAQ: EVRY) - For an in-depth report on EveryWare Global, Inc. follow: www.BullTrends.com/stockquote/VTR 

Shares of EveryWare Global closed up 58.18% on about 5.8 million shares traded. The stock was one of the biggest gainers on the NASDAQ. The company reached an agreement with lenders to waive its breached debt covenants, which would allow it to maintain solvency for the remainder of the month.

 Groupon, Inc. (NASDAQ: GRPN) - For an in-depth report on Groupon, Inc. follow: www.BullTrends.com/stockquote/GRPN                             

GRPN shares closed down 6.46% on about 34 million shares traded. The stock was one of the biggest decliners on the NASDAQ. The drop came after it was revealed that an Illinois sales tax law could be brought back after it was struck down by the state's top court. According to Crain’s Chicago Business, this could affect Groupon.

Giga-tronics Inc. (NASDAQ: GIGA) - For an in-depth report on Giga-tronics Inc. follow: www.BullTrends.com/stockquote/GIGA                               

Shares of Giga-tronics Inc. closed up nearly 140% on Monday with about 8.8 million shares traded. The stock was one of the biggest gainers on the NASDAQ. The company announced that it has completed a sole-source multi-year agreement with a major aerospace company to develop a variant of its high performance fast tuning YIG filters for a third aircraft platform.

Alternative Energy Partners, Inc. (OTCBB: AEGY) - For an in-depth report on Alternative Energy Partners, Inc. follow:  www.BullTrends.com/stockquote/AEGY                                  

Shares of AEGY closed down 30.77% on about 268 million shares traded. The stock was one of the biggest decliners in the OTCBB market. The decline and volume advance came despite the fact that the company had no news. The company is engaged in providing support services for medical marijuana collectives based in California.

 

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