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Commscope Holding Company Inc. (NASDAQ: COMM) shares spiked 10.12 percent to close at $24.37 a share Friday. The stock traded between $23.99 and $25.89 on volume 1.15 million shares traded. The company now expects sales to be in the range of $900.0 million to $925.0 million for the first quarter of 2014, up 13 percent year over year at the midpoint of the range. Shares of Commscope are up approximately 28.0 percent year-to-date.
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Symantec Corporation (NASDAQ: SYMC) shares dropped 12.94 percent to close at $18.20 a share Friday. The stock traded between $17.95 and $18.73 on volume 60.90 million shares traded. The company announced the termination of Steve Bennett as President and Chief Executive Officer. Shares of Symantec are down approximately 23.0 percent year-to-date.
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Tibco Software Inc. (NASDAQ: TIBX) shares declined 1.99 percent to close at $21.16 a share Friday. The stock traded between $20.92 and $22.04 on volume of 7.51 million shares traded. The company reported net income was $12.2 million, or $0.07 per diluted share, for the first quarter of fiscal 2014, up from $9.5 million, or $0.06 per diluted share, a year ago. Shares of Tibco Software are down approximately 6.0 percent year-to-date.
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Unwired Planet Inc. (NASDAQ: UPIP) shares soared 49.23 percent to close at $1.94 a share Friday. The stock traded between $1.82 and $2.20 on volume of 13.65 million shares traded. The company announced that it has sold a portfolio of patents to Lenovo Group Ltd. for $100 million in cash. Shares of Unwired Planet are up approximately 40.0 percent year-to-date.
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