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Emmis Communications Corporation (NASDAQ: EMMS) shares surged 18.23 percent to close at $2.14 a share Friday. The stock traded between $1.79 and $2.49 on volume of 2.28 million shares traded. The company reported radio net revenues were $36.9 million, an increase of 6 percent when compared to a year ago. Shares of Emmis Communications are up approximately 8.6 percent year-to-date.
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Palo Alto Networks Inc. (NYSE: PANW) shares declined 5.0 percent to close at $42.16 a share Friday. The stock traded between $41.67 and $44.00 on volume of 2.70 shares traded. Analysts at Oppenheimer have recently initiated coverage on the company with a “outperform” rating and a $47.00 price target. Shares of Palo Alto Networks have fallen approximately 21.2 percent year-to-date.
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StemCells Inc. (NASDAQ: STEM) shares spiked 14.58 percent to close at $1.65 a share Friday. The stock traded in between $1.42 and $1.75 on volume of 1.39 million shares traded. The company appears to be facing some resistance at $1.70 and $1.74 with some support at 1.63. Shares of StemCells are up approximately 1.2 percent year-to-date.
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Western Digital Corp. (NASDAQ: WDC) shares declined 0.85 percent to close at $62.09 a share Friday. The stock traded in between $61.65 and $62.87 on volume of 4.39 million shares traded. Analysts at at Longbow Research have recently upgraded the company’s rating to “buy” from “neutral”. Shares of Western Digital have gained approximately 46.1 percent year-to-date.
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