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Yelp, Inc. (NYSE: YELP) shares closed up 18.92 percent on Thursday with about 13.7 million shares traded. The stock was one of the biggest gainers on the NYSE and hit a new all-time high of $91.49 during intra-day trading. The big move came after the company announced earlier in the week strong quarterly sales and expansion plans. The company received an upgrade to "buy" from “neutral” by Raymond James as well as several price target increases, including to $87 from $70 by Credit Suisse on an “outperform” rating and to $84 from $70 by UBS on a "neutral" rating.
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Atmel Corporation (NASDAQ: ATML) shares closed down 6.29 percent on Thursday with about 24.3 million shares traded. The stock had one of the biggest declines on the NASDAQ as well as one of the biggest volume advances. The company reported fourth-quarter earnings that fell short of analysts' expectations. Atmel reported earnings per share of 10 cents, up from 7 cents in the same period a year earlier, but narrowly missed the consensus estimate of 11 cents. Revenue also increased 2.3% year over year to $353.2 million from $345.1 million, but this was also short of analysts' expectations of $357.37 million.
Get more information on Atmel Corporation and free access to the in-depth equity report at: www.TrendingWallStreet.com/stockquote/ATML
Intelligent Living Inc. (OTC: ILIV) shares closed up 104.76 percent on Thursday making it one of the biggest gainers in the OTC market. The stock traded over 470 million shares in volume. The company announced that it has begun development of its Android and iOS apps for their MIND360 braingames platform expanding its mobile presence following the 4th Quarter releases of their apps Quit Smoking Now, Steps-O-Meter and Track My Running. The MIND360 app was designed for customers who prefer to experience the benefits of brain fitness on the go. In the past month alone, MIND360 has added subscriber growth in the 1500% range and with the release of the mobile app expects to exceed that growth by 10 times.
Get more information on Intelligent Living Inc. and free access to the in-depth equity report at: www.TrendingWallStreet.com/stockquote/ILIV
Alcatel Lucent Soci (NYSE: ALU) shares closed up 7.71 percent on Thursday with nearly 50 million shares traded. The move came after it was revealed that the Company is in talks to sell its phone division to China Huaxin. The French telecommunications company said it received a 268 million euro ($362 million) bid from China Huaxin that would give the investment firm a majority stake in its phone unit. Under the proposed deal, Alcatel-Lucent would keep a 15% stake in the phone unit. The company expects to sign the deal in the second-quarter, and close it by the third-quarter pending regulatory approval.
Get more information on Alcatel Lucent Soci and free access to the in-depth equity report at: www.TrendingWallStreet.com/stockquote/ALU
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