Notable Stock Gainers: VELT, YELP, ARCO, GLUU, PPHM
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Velti Plc(NASDAQ:VELT) shares gained 7.13% to $5.26. The company, on Dec. 17, announced the appointment of Jeff Ross as the company’s Chief Financial Officer, effective Monday January 7, 2013. With more than 25 years of international finance experience, including at Sybase and PricewaterhouseCoopers, Ross is the fourth senior executive to join Velti’s top ranks in the past six months.
Additionally, the company released its ‘State of Mobile Advertising 2012: Year in Review’ data report. The report highlights key mobile trends in 2012, including insight into iOS’ market dominance and the growing international opportunity in developing markets.
How Should Investors Trade VELT After The Recent Volatile Moves? Find Out Here
Yelp Inc (NYSE:YELP) stock jumped 6.80% to $21.52. The company announced that management will present at the Citi Global Internet, Media & Telecommunications Conference in Las Vegas, NV on Tuesday, January 8, 2013 at 10:30 a.m. PT. A webcast of the presentation will be available on the company’s investor relations website.
Is YELP Showing Any Sign of Buy At The Current Market Price? Get Our Free Trend Analysis Here
Arcos Dorados Holding Inc (NYSE:ARCO) shares jumped 6.69% to $13.72. The company, last month, announced an ex-dividend date of December 18, 2012 and a cash dividend payment of $0.0597 per share scheduled for December 26, 2012. Shareholders who purchased ARCO stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 7th quarter that ARCO has paid the same dividend.
Can ARCO Rebound After The Recent Slump and Investors Can Make Money? Find Out Here
Glu Mobile Inc. (NASDAQ:GLUU) shares increased 6.47% and closed at $2.47. The company, on Dec. 21, reiterated that it has no current intention to raise additional capital through an offering of any kind. The prospectus supplement that the company filed with the Securities and Exchange Commission related solely to the sale of a warrant to purchase 216,494 shares of Glu’s common stock that was issued in Glu’s August 2010 private placement transaction by the original warrant holder.
Is GLUU Ready To Move Back To New Highs This Year? Find Out Here
Peregrine Pharmaceuticals(NASDAQ
PHM) shares climbed 6.30% and closed at $1.35. Zacks upgraded shares of Peregrine from a neutral rating to an outperform rating in a research report sent to investors on Dec. 27. The firm currently has $1.50 price target on the stock. The company is a biopharmaceutical company developing monoclonal antibodies for the treatment and diagnosis of cancer.
Is PPHM Ready To Move Back To New Highs This Year? Find Out Here
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