Noticeable Stocks: Facebook, Inc. (NASDAQ:FB), Vimicro International Corp. (NASDAQ:VIMC), Infinera Corporation (NASDAQ:INFN)

June 24, 2015 9:30 am0 commentsViews: 16

Facebook, Inc. (NASDAQ:FB) moved up in previous session as it has become bigger than Wal-Mart in market cap as the stock ascends to a record high in today’s trading. Bloomberg’s Julie Hyman declared on “Bloomberg Markets.” Facebook Inc. previewed a number of new ad formats for its mobile-phone platform, developed by means of advertising agencies in a bid to lure more users push products on the site. Facebook’s Chief Creative Officer Mark D’Arcy demonstrated a number of campaigns the company helped develop for brands such as J. Crew, Amazon, Coke and Poland’s Lot Airlines. Facebook, Inc. (NASDAQ:FB) stock hit highest price at $87.97, beginning with a price of $85.00 to close at 87.88 by an advance of 3.71% with a day range of $84.76-$87.97. The total market capitalization remained 246.79 Billion, total volume of 50.31 Million shares.

A video surveillance technology and solution provider in China, Vimicro International Corp. (NASDAQ:VIMC) reported that its JV, Shanxi Zhongtianxin Science and Technology Co. Ltd., won a competitive offer for the provision of SVAC-compliant video surveillance cameras as well as system to Jincheng Municipal Government in Shanxi Province. The agreement has an anticipated worth of 136.2M Chinese yuan or $22M around. Zhongtianxin is a joint venture in which Vimicro holds a 51% stake. On the other consideration, Vimicro International Corp. (NASDAQ:VIMC) begun last trade with a price of $12.16 and throughout the trading session climbed at $12.30. The day-trade ended with a decrease of -1.32% to close at $11.94. The stock is going forward its fifty-two week low with 389.34% and lagging behind from its 52 week high price with -27.59%. VIMC last month stock price volatility remained 8.66%.

Infinera Corporation (NASDAQ:INFN) reported that extension of the Cloud Xpress family of metro Cloud platforms. This launch adds a new Cloud Xpress platform by means of 100 gigabit Ethernet client services in the similar compact form factor with enhanced functionality. The Cloud Xpress family is designed specifically to address the requires of Cloud service providers, Internet content providers, Internet Exchange service providers, big enterprises and other large-scale datacenter operators. It first started shipping in December 2014. The Cloud Xpress family leverages the oPIC-500 optical engine, Infinera’s unique metro-optimized photonic integrated circuit, to deliver DWDM datacenter interconnect services up to 500 gigabits per second in a compact two rack unit chassis. Shares of Infinera Corporation (NASDAQ:INFN) opened at $22.80 with 129.63 million outstanding shares and hit to its highest price of $22.80 during the day and finally closed at $22.10 by scoring -2.77%. In the whole session, it traded on volume of 2.14 Million shares, which turned higher than its average volume.

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