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Sprint Corporation (NYSE: S) – For an in-depth report on Sprint Corporation follow: www.BullTrends.com/stockquote/S
Shares of Sprint Corp fell modestly on Monday closing in the red down 4.11%. Trading a little over 31 million shares, it was revealed that Sprint may be reportedly second-guessing its bid for rival T-Mobile after learning that antitrust officials are balking at a merger of the telecommunications giants. According to a report from The Wall Street Journal, Sprint Chairman Masayoshi Son and CEO Dan Hesse were surprised by the level of opposition they found when meeting with the Federal Communications Commission.
Plug Power Inc. (NASDAQ: PLUG) – For an in-depth report on Plug Power Inc. follow: www.BullTrends.com/stockquote/PLUG
Shares of PLUG closed up about 15% on Monday on nearly 48 million shares traded. The alternative energy company announced that it had signed a deal with a retailer to provide fuel-cell systems used to power forklift trucks. Plug Power said it will bring 1,500 hydrogen fuel-cell systems to six of the retailer's North American distribution centers during a two-year period. The first site will be operational by the second quarter of this year. The company did not name the retailer or announce financial terms of the deal.
First Mariner Bancorp (OTCBB: FMAR) – For an in-depth report on First Mariner Bancorp follow: www.BullTrends.com/stockquote/FMAR
First Mariner Bancorp shares fell hard on Monday, closing down 77.79%. The stock traded 3.2 million shares roughly and sank to a new 52-week low of % 0.1510 during intra-day trading. The big drop came after the company announced that it will sell its wholly owned subsidiary, 1st Mariner Bank, to a new bank formed by investors. The sale will recapitalize the bank with approximately $100 million, enabling it to meet all state and federal capital standards, significantly improving the strength of its balance sheet, and advancing its business plan to become one of the region's leading financial institutions.
Tranzbyte Corporation (OTC: ERBB) – For an in-depth report on Tranzbyte Corporation follow: www.BullTrends.com/stockquote/ERBB
Shares sank on Monday to close down 9.25% despite the fact that news revealed that Cyber Kiosk Solutions, Inc. (OTC Pink: CYBK) has signed its first agreement with Tranzbyte Corporation to use their Proprietary Age/id verification and fraud prevention software in their vending kiosks. CYBK's proprietary software was developed specifically for the legalized marijuana industry. Another similar version of the software from the developer is currently being used in the alcohol and pharmaceutical industry at over 6,000 locations. Volume traded on Monday was well over 500 million shares.
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