More Desired Stocks: VimpelCom Ltd. (NASDAQ:VIP), Baidu, Inc. (NASDAQ:BIDU), Zosano Pharma Corporation (NASDAQ:ZSAN)

April 25, 2023 6:15 pm9 commentsViews: 45

VimpelCom Ltd. (NASDAQ:VIP), a leading global provider of telecommunications services headquartered in Amsterdam and serving over 218 million customers, has further demonstrated its commitment to the Dutch information technology economy through its move to join Nederland ICT.Nederland ICT is the trade association for more than 550 information technology, telecom and internet companies in the Netherlands. It represents a business community with a turnover of almost USD 30 billion and over 250,000 employees, making it the foremost advocate and representative of the Dutch ICT sector. Membership of Nederland ICT allows VimpelCom to engage and develop relationships with its Dutch peers, as well as participate in the association’s initiatives to grow talent and foster innovation in the Netherlands.Marine Babayan, Group Director International Affairs & Government Relations, VimpelCom, says: “We are committed to making a contribution to the development of the ICT sector in the Netherlands. Joining Nederland ICT will allow us to expand our collaboration ties and grow the various initiatives we already have underway. As an international company based in Amsterdam, we are looking forward to exchanging thoughts and ideas with our peers to facilitate growth in the Telecom sector.”

VimpelCom Ltd. (NASDAQ:VIP) [Trend Analysis] stock hit highest price at $5.06, beginning with a price of $5.00 and reported a loss of -3.95% to close at $4.86 with a day range of $4.78-$5.06. The total market capitalization remained 8.13 Billion, total volume of 2.82 Million shares held in the session was surprisingly higher than its average volume of 1988.20 shares.

Baidu, Inc.’s (NASDAQ:BIDU)  iQIYI,  declared that the firm’s mobile app has become No.1 in the free app popularity rankings and No.2 amid all the apps in the China Apple App store, driven by the fame of iQIYI self-produced content. On July 3, iQIYI reported that the full series of its self-produced TV show The Lost Tomb to its paid subscribers. In order to watch the full series, a huge number of users downloaded the iQIYI app and purchased the subscription service, with the number of user clicks on The Lost Tomb episodes surpassing 160 million within five minutes following the release. Since its release, episodes of The Lost Tomb have been viewed over one billion times.”Providing access to premium online TV content to paid subscribers is a promising new frontier in China’sonline-video industry,” said Yu Gong, founder and CEO of iQIYI. “The success of The Lost Tomb demonstrates the huge potential of iQIYI’s subscription service to drive enormous traffic to our platform by providing high-quality content and excellent user experience.” Shares of Baidu, Inc. (NASDAQ:BIDU) traded at $189.03 by plunging -4.06% with price volatility of 2.49% for a week and 2.00% for a month. Its beta stands at 1.96 times.

Zosano Pharma Corporation (NASDAQ:ZSAN) released that Novo Nordisk (NVO) has notified Zosano of its meaning to discontinue the collaboration agreement related to development of a transdermal presentation of select NVO glucagon-like peptide-1 (GLP-1) analogues. Zosano has been notified that the decision relates to a strategic prioritization of NVO’s research portfolio despite continued progress during the collaboration period. Upon the expected termination of the agreement, all technology rights licensed to Novo Nordisk related to the field of GLP-1 products will revert to Zosano. Zosano Pharma Corporation (NASDAQ:ZSAN) stock has highest price of $8.20 in last session, beginning with a price of $7.60 and reported a gain of 3.71% to close at $8.10 with a day range of $7.60-$8.20. The stock is going forward its 52-week low with 15.55% and moving down from its 52 week high price with -34.68%.


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