Shares of Youku Tudou Inc (ADR) (NYSE:YOKU) were the recipient of some unusual options trading activity on Monday. Stock investors acquired 9,653 call options on the stock. Analysts at Goldman Sachs downgraded shares of Youku Tudou Inc (ADR) (NYSE:YOKU) from a “neutral” rating to a “sell” rating in a research note. Youku Tudou Inc (ADR) (NYSE:YOKU) stock performance was 0.97% in last session and finished the day at $25.02. Traded volume was 3.76million shares in the last session and the average volume of the stock remained 4.44million shares. The beta of the stock remained 2.93. Youku Tudou Inc (ADR) (NYSE:YOKU) insider ownership is 8.46%.
Yandex NV (NASDAQ:YNDX)’s Chairman of Board, Alfred Fenaughty, has acknowledged on March, 2014 that the company will make an extraordinary purchase of KitLocate. Yandex NV (NASDAQ:YNDX) dropped -1.79 percent to $27.51 Monday on volume of 6.40million shares. The intra-day range of the stock was $27.20 to $28.12. Yandex NV (NASDAQ:YNDX) has a market capitalization of $9.54billion.
Baidu Inc. (ADR) (NASDAQ:BIDU), which operates China’s most popular search engine, formally launched its mobile payment platform “Baidu Wallet” on Tuesday. The launch follows the release of similar products from major rivals, including Tencent’s mobile application Wechat Payment last August and Alibaba’s Alipay Wallet in January 2013. Baidu Inc (ADR) (NASDAQ:BIDU)’s stock on Apr 14, 2014 reported a increase of 2.68% to the closing price of $153.76. Its fifty two weeks range is $83.89 -$189.34. The total market capitalization recorded $53.76billion. The overall volume in the last trading session was 150.00million shares. In its share capital, BIDU has 350.30million outstanding shares.
On July 10, 2013, Son closed his biggest ever acquisition, the $21.6 billion investment in 72% of the shares of Sprint Corporation (NYSE:S). (Son installed himself as chairman of the company with Robert Fisher, director of SoftBank and president of SoftBank Holdings Inc., as vice chairman.) On Monday, shares of Sprint Corporation (NYSE:S) dropped -0.48% to close the day at $8.21. Company return on investment (ROI) is -1.70% and its monthly performance is recorded as -6.49%. Sprint Corporation (NYSE:S) quarterly revenue growth is -9.68%.