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Monster Worldwide, Inc. (NYSE: MWW) shares closed up 22.92 percent on Thursday with about 7.1 million shares traded. The stock was one of the biggest gainers in the NYSE and hit a new 52-week high of $7.50 during intra-day trading. The big move came after the company reported fourth-quarter earnings that surpassed analysts' expectations. Non-GAAP earnings for the quarter totaled $10 million, or 11 cents a share. This beat analysts' EPS estimate of 10 cents a share. The company also posted revenue of $199 million, down from $211 million in the same period a year earlier but up from $197 million in the third quarter Analaysts were looking for fourth-quarter revenue of $195.59 million.
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Glu Mobile, Inc. (NASDAQ: GLUU) shares closed up 27.65 percent on about 28 million shares traded. The stock was one of the biggest gainers in the NASDAQ market. Shares hit a new 52-week high of $4.98 during intra-day trading. The company reported a better-than-expected fourth-quarter results and forward guidance. Quarterly adjusted revenue rose 62% year over year to $42.8 million, which translated to adjusted net income of $0.07 per share, compared to a $0.05 per-share loss in the same year-ago period. Analysts were only looking for a breakeven quarter on sales of $32.2 million.
Get more information on Glu Mobile, Inc. and free access to the in-depth equity report at: www.TrendingWallStreet.com/stockquote/GLUU
Federal National Mortgage Association (OTCBB: FNMA) shares closed down a modest 1.64 percent on about 12.8 million shares traded. Freddie Mac sold $1 billion of securities in the government-controlled mortgage-finance company’s largest offering of bonds whose buyers share in its risks from homeowner defaults.
Get more information on Federal National Mortgage Association and free access to the in-depth equity report at: www.TrendingWallStreet.com/stockquote/FNMA
BIOLASE, Inc. (NASDAQ: BIOL) shares closed up 13.91 percent on nearly 800,000 shares traded. The stock was one of the biggest gainers in the NASDAQ. The company announced that based on a preliminary review of its financial performance for the fourth quarter ended December 31, 2013, the Company expects to report net revenue of approximately $15.25 million.
Get more information on BIOLASE, Inc. and free access to the in-depth equity report at: www.TrendingWallStreet.com/stockquote/BIOL
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