Finance

Hot Movers: Nokia Corporation (ADR) (NYSE:NOK), EMC Corporation (NYSE:EMC), RF Micro Devices, Inc. (NASDAQ:RFMD), Oracle Corporation (NYSE:ORCL)

Google and billionaire Elon Musk are racing to make self-driving cars a reality, but Nokia Corporation (ADR) (NYSE:NOK) plans to merge their way onto this crowded highway by tossing a chunk of dough into a fund to help make cars smarter. Nokia Corporation (ADR) (NYSE:NOK) stock performance was -1.09% in last session and finished the day at $7.27. Traded volume was 9.77million shares in the last session and the average volume of the stock remained 9.77million shares. The beta of the stock remained 1.66.

“We are delighted to continue our long-term relationship with Brocadeand to work together to ensure seamless integration of the networkingstack with the ViPR Software-Defined Storage platform,” saidChristopher Ratcliffe, Vice President of Marketing, Advanced SoftwareDivision, EMC Corporation (NYSE:EMC). EMC Corporation (NYSE:EMC) rose 0.35 percent to $25.78 Monday on volume of 10.13million shares. The intra-day range of the stock was $25.45 to $25.79. EMC Corporation (NYSE:EMC) has a market capitalization of $52.78billion.

RF Micro Devices Inc (NASDAQ:RFMD) Director Jeffery R. Gardner sold 89,500 shares of the stock in a transaction dated Friday, May 2nd. The stock was sold at an average price of $8.65, for a total transaction of $774,175.00. Following the transaction, the director now directly owns 122,450 shares in the company, valued at approximately $1,059,193. RF Micro Devices, Inc. (NASDAQ:RFMD)’s stock on May 5, 2014 reported a increase of 0.46% to the closing price of $8.69. Its fifty two weeks range is $4.50 -$8.81. The total market capitalization recorded $2.43billion. The overall volume in the last trading session was 11.45million shares. In its share capital, RFMD has 282.53million outstanding shares.

After getting off to a rocky start Monday, much of the tech sector, including bellwethers Apple Inc. and Oracle Corporation (NYSE:ORCL), managed to rally and end the day with a slate of broad gains. On Monday, shares of Oracle Corporation (NYSE:ORCL) advanced 0.98% to close the day at $41.21. Company return on investment (ROI) is 18.50% and its monthly performance is recorded as 2.39%. Oracle Corporation (NYSE:ORCL) quarterly revenue growth is 15.34%.