Yelp Inc (NASDAQ:YELP) saw unusually-high trading volume on Thursday following a stronger than expected earnings report, Analyst Ratings News reports. Approximately 16,352,329 shares traded hands during mid-day trading, an increase of 102% from the previous session’s volume of 8,090,406 shares. Yelp Inc (NYSE:YELP) stock performance was 9.77% in last session and finished the day at $64.02. Traded volume was 22.42million shares in the last session and the average volume of the stock remained 4.91million shares. Yelp Inc (NYSE:YELP) insider ownership is 0.20%.
Rite Aid Corporation (NYSE:RAD) at nine wellness stores throughout Connecticut will host a Wellness65+ Wednesday Extravaganza open to all ages. The event will feature massages from Massage Envy, fitness demonstrations by Edge Fitness, food, entertainment, raffles, and more. Rite Aid Corporation (NYSE:RAD) is one of the nation’s leading drugstore chains with nearly 4,600 stores in 31 states and the District of Columbia and fiscal 2014 annual revenues of $25.5 billion. Rite Aid Corporation (NYSE:RAD) rose 5.48 percent to $7.70 Thursday on volume of 65.98million shares. The intra-day range of the stock was $7.41 to $7.90. Rite Aid Corporation (NYSE:RAD) has a market capitalization of $7.48billion.
Meanwhile, tech stocks enjoyed a bounce, allowing the NASDAQ to outperform its peers. Investors gobbled up shares of depressed Internet and social media stocks like Yelp, Pandora Media Inc (NYSE:P) and SINA. Pandora Media Inc (NYSE:P)’s stock on May 1, 2014 reported a increase of 5.51% to the closing price of $24.71. Its fifty two weeks range is $13.80 -$40.44. The total market capitalization recorded $5.07billion. The overall volume in the last trading session was 13.98million shares. In its share capital, P has 205.33million outstanding shares.
SunEdison Inc (NYSE:SUNE) has announced it has secured construction financing for the 60 MW Regulus solar power plant located in Kern County, California. On Thursday, shares of Sunedison Inc (NYSE:SUNE) advanced 5.67% to close the day at $20.32. Company return on investment (ROI) is -9.90% and its monthly performance is recorded as 3.04%. Sunedison Inc (NYSE:SUNE) quarterly revenue growth is 43.60%.