Apple Inc (NASDAQ:AAPL) had been in talks about a possible purchase of the stake in Renesas SP Driver in what was seen as a potential move to shore up its global supply chain, but the sources said those talks failed to make progress and Renesas had narrowed its consideration to Synaptics. Apple Inc. (NASDAQ:AAPL) stock performance was 1.87% in last session and finished the day at $625.63. Traded volume was 12.46million shares in the last session and the average volume of the stock remained 9.51million shares. The beta of the stock remained 0.93. Apple Inc. (NASDAQ:AAPL) insider ownership is 0.04%.
58.com (ADR) (NASDAQ:WUBA) had its price objective reduced by Pacific Crest from $58.00 to $55.00 in a report released on Friday. Pacific Crest currently has an outperform rating on the stock. 58.com Inc (ADR) (NYSE:WUBA) rose 7.52 percent to $40.05 Tuesday on volume of 1.73million shares. The intra-day range of the stock was $37.36 to $40.19. 58.com Inc (ADR) (NYSE:WUBA) has a market capitalization of $3.26billion.
Brean Capital cut its price target on China Mobile Games & Entnmnt Grp Ltd (NASDAQ:CMGE), citing lower margin assumptions due to an unfavorable mix shift. However, the firm thinks the company’s Q1 results were solid and expects it to benefit from strong growth domestically and its recent move into overseas markets. The firm keeps a Buy rating on the shares. China Mobile Games & Entnmnt Grp Ltd (NASDAQ:CMGE)’s stock on May 27, 2014 reported a increase of 7.34% to the closing price of $20.92. Its fifty two weeks range is $10.05 -$40.31. The total market capitalization recorded $549.38million. The overall volume in the last trading session was 638,739.00million shares. In its share capital, CMGE has 31.45million outstanding shares.
The decision this month by Jacksonville-based ParkerVision Inc. (NASDAQ:PRKR) to file another lawsuit against mobile communication giant Qualcomm is drawing attention and analysis about the wisdom of the legal maneuver. On Tuesday, shares of ParkerVision, Inc. (NASDAQ:PRKR) advanced 5.78% to close the day at $4.94. Company monthly performance is recorded as 8.10%. ParkerVision, Inc. (NASDAQ:PRKR) quarterly revenue growth is 4.44%.
Imperva Inc (NASDAQ:IMPV) VP Ralph Pisani sold 8,613 shares of the stock on the open market in a transaction that occurred on Friday, May 23rd. The stock was sold at an average price of $21.31, for a total transaction of $183,543.03. Following the completion of the sale, the vice president now directly owns 2,910 shares of the company’s stock, valued at approximately $62,012. Imperva Inc (NYSE:IMPV) stock performance was 7.39% in last session and finished the day at $22.81. Traded volume was 594,819.00million shares in the last session and the average volume of the stock remained 388.81K shares. Imperva Inc (NYSE:IMPV) insider ownership is 5.10%.