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Twitter, Inc. (NYSE: TWTR) shares closed down 24.16 percent on Thursday with nearly 65 million shares traded. The stock was one of the biggest decliners on the NYSE. The company’s fourth-quarter earnings report on Wednesday showed significant declines in usage and a slowdown in the growth of the new users. The loss on Thursday was a paper loss of $8.7 billion.
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Akamai Technologies, Inc. (NASDAQ: AKAM) shares closed up 20.58 percent on Thursday with about 14.5 million shares traded. The stock was one of the biggest gainers on the NASDAQ and hit a new 52-week high of $57.76 during intra-day trading. The big move came after the company turned in solid fourth-quarter results. Quarterly revenue rose 15% year over year, to $436 million -- or 20% if you adjust for the early 2013 sale of its ADS business -- which translated to a 10% increase in adjusted net income to $0.55 per diluted share. Analysts, on average, were looking for earnings of $0.52 per share on sales of $422.39 million.
Get more information on Akamai Technologies, Inc. and free access to the in-depth equity report at: www.TrendingWallStreet.com/stockquote/AKAM
CenturyLink, Inc. (NYSE: CTL) shares closed up a modest 0.11 percent on about 8.1 million shares traded on Thursday. The company announced the availability of Internet speeds of up to one gigabit per second for more than 2,500 businesses located in multi-tenant unit office buildings throughout Salt Lake City, Sandy, Midvale, Draper, South Jordan, West Jordan, Cottonwood Heights and other area municipalities.
Get more information on CenturyLink, Inc. and free access to the in-depth equity report at: www.TrendingWallStreet.com/stockquote/CTL
Resource Ventures Inc. (OTC: REVI) shares closed down 29.86 percent on Thursday with about 34 million shares traded. The stock was one of the biggest decliners in the OTC marketplace. The company announced earlier in the week that they have secured the consulting services of Hemp, Inc.'s (OTC: HEMP) subsidiary, The Industrial Hemp and Medical Marijuana Consulting Company, Inc. (IHMMCC). The Industrial Hemp and Medical Marijuana Consulting Company is a wholly owned subsidiary of Hemp, Inc. (OTC: HEMP).
Get more information on Resource Ventures Inc. and free access to the in-depth equity report at: www.TrendingWallStreet.com/stockquote/REVI
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