Plug Power Inc (NASDAQ:PLUG) raised more than anticipated in an offering of 22,600,000 shares of its common stock at $5.50 per share for a total of $124,300,000 in gross proceeds. It was the firm’s largest stock offering. The WSJ’s Money Beat reported that Plug Power Inc (NASDAQ:PLUG) was “a darling of day traders and a target of short sellers in recent months.” The fuel cell firm’s shares have gained “37-fold over the past year and now have the fourth-highest 30-day average daily volume among stocks in the Nasdaq Composite Index.” according to the report. Plug Power Inc (NASDAQ:PLUG) stock performance was -10.65% in last session and finished the day at $5.37. Traded volume was 51.55million shares in the last session and the average volume of the stock remained 45.15million shares. The beta of the stock remained 1.22. Plug Power Inc (NASDAQ:PLUG) insider ownership is 0.90%.
The stock of Zynga Inc (NASDAQ:ZNGA) was one of the biggest decliners on the NASDAQ on Friday. The drop came after Zynga Inc (NASDAQ:ZNGA) issued weak guidance going ahead. The company expects second-quarter revenue in the range of $140 million to $160 million with a net loss of 7 cents a share to 8 cents a share. Zynga Inc (NASDAQ:ZNGA) dropped -6.21 percent to $4.08 Friday on volume of 43.52million shares. The intra-day range of the stock was $4.01 to $4.28. Zynga Inc (NASDAQ:ZNGA) has a market capitalization of $3.40billion.
On the earnings front, Ford Motor Company (NYSE:F) reported earnings below expectations, while Amazon.com Inc (NASDAQ:AMZN) said it was bracing for a loss in the current quarter. Amazon.com, Inc. (NASDAQ:AMZN)’s stock on Apr 25, 2014 reported a decrease of -9.88% to the closing price of $303.83. Its fifty two weeks range is $245.75 -$408.06. The total market capitalization recorded $139.76billion. The overall volume in the last trading session was 16.19million shares. In its share capital, AMZN has 460.14million outstanding shares.
Facebook and Twitter Inc (NYSE:TWTR) are looking to capture more mobile advertising dollars through marketing ad platforms based outside their networks, which is something Google has specialized in as a search engine leader. On Friday, shares of Twitter Inc (NYSE:TWTR) dropped -7.16% to close the day at $41.61. Company return on investment (ROI) is -20.10% and its monthly performance is recorded as -6.35%. Twitter Inc (NYSE:TWTR) quarterly revenue growth is -32.60%.