Finance

NASDAQ Stocks Touching New Highs: Brocade Communications Systems (NASDAQ:BRCD), Globalstar (OTCMKTS:GSAT), Kandi Technologies Group (NASDAQ:KNDI), DIRECTV (NASDAQ:DTV)

Brocade Communications Systems, Inc. (NASDAQ: BRCD) recently announced that Rackspace (NYSE: RAX), the open cloud company, has completed the deployment of Brocade Gen 5 Fibre Channel SAN solutions across its global data center network to accommodate explosive customer growth. Brocade Communications Systems, Inc. (NASDAQ:BRCD) stock performance was 1.90% in last session and finished the day at $10.20. Traded volume was 12.76million shares in the last session and the average volume of the stock remained 5.14million shares. The beta of the stock remained 1.44. Brocade Communications Systems, Inc. (NASDAQ:BRCD) insider ownership is 0.20%.

Globalstar Inc. (OTCMKTS:GSAT) has long been licensed for MSS operations at 2483.5-2495 MHz, immediately above the unlicensed band at 2400-2483.5 MHz. See the diagram. Until now, Globalstar Inc. (OTCMKTS:GSAT)’s license has allowed only satellite downlinks. Globalstar, Inc. (OTCMKTS:GSAT) rose 2.51 percent to $2.45 yesterday on volume of 6.14million shares. The intra-day range of the stock was $2.38 to $2.55. Globalstar, Inc. (OTCMKTS:GSAT) has a market capitalization of $1.84billion.

Kandi Technologies Group Inc (NASDAQ:KNDI) touched its all-time high for the first time as the industry of electric vehicles is being flooded with positive news. Kandi Technologies Group Inc (NASDAQ:KNDI)’s stock on Mar 06, 2014 reported a decrease of -3.02% to the closing price of $19.30. Its fifty two weeks range is $3.55 -$20.75. The total market capitalization recorded $713.68million. The overall volume in the last trading session was 4.50million shares. In its share capital, Kandi Technologies Group Inc (NASDAQ:KNDI) has 37.02million outstanding shares.

Fox, Comcast, Time Warner Cable and DIRECTV (NASDAQ:DTV) own the most RSNs are each pressing their case with MLB independently, a source close to the situation said. On Wednesday, shares of DIRECTV (NASDAQ:DTV) advanced 2.42% to close the day at $79.99. Company return on investment (ROI) is 27.30% and its monthly performance is recorded as 16.25%. DIRECTV (NASDAQ:DTV) quarterly revenue growth is 21.16%.