Zulily (NYSE:ZU) stock had its “sector perform” rating reaffirmed by research analysts at RBC Capital in a report released on Tuesday, Analyst Ratings.Net reports. They currently have a $40.00 price objective on the stock, down from their previous price objective of $50.00. RBC Capital’s price objective would indicate a potential downside of 35.05% from the stock’s previous close. Zulily Inc. (NASDAQ:ZU) stock performance was -2.72% in last session and finished the day at $56.88. Traded volume was 2.00 million shares in the last session and the average volume of the stock remained 1.27 million shares. Zulily Inc. (NASDAQ:ZU) insider ownership is -.
Airmedia Group (NASDAQ:AMCN) was upgraded by stock analysts at The Street from a “sell” rating to a “hold” rating in a report issued on Friday, Stock Ratings Network.com reports. The analysts wrote, “AirMedia Group (AMCN) has been upgraded by The Street Ratings from sell to hold. The company’s strengths can be seen in multiple areas, such as its solid stock price performance, largely solid financial position with reasonable debt levels by most measures and notable return on equity. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income and poor profit margins.” AirMedia Group Inc. (ADR) (NASDAQ:AMCN) dropped -6.06% to $2.48 yesterday on volume of 2.06 million shares. The intra-day range of the stock was $2.46 – $2.76. AirMedia Group Inc. (ADR) (NASDAQ:AMCN) has a market capitalization of 148.41 million.
E Commerce China Dangdang Inc. (ADR) (NYSE:DANG) on Mar. 5 announced that Mr. Jun Zou, the chief financial officer of the Company, has tendered his resignation for personal reasons. His resignation will be effective on April 10, 2014. E Commerce China Dangdang Inc. (ADR) (NYSE:DANG)’s stock on March 10, 2014 reported a lower of -10.77% to the closing price of $16.65. Its fifty two weeks range is $3.70 – $19.05. The total market capitalization recorded 1.34 billion. The overall volume in the last trading session was 10.51 million shares. In its share capital, E Commerce China Dangdang Inc. (ADR) (NYSE:DANG) has 80.32 million outstanding shares.
Inuvo, Inc. (NYSEMKT:INUV), an Internet marketing and technology company that delivers targeted advertisements into websites and applications reaching desktop and mobile devices, announced net income of $477,000 or $0.02 per basic and diluted share on revenue of $55 million in 2013. On Monday, shares of Inuvo, Inc. (NYSEMKT:INUV) advanced 15.74% to close the day at $1.25. Company return on investment (ROI) is -52.10% and its monthly performance is recorded as 8.70%. Inuvo, Inc. (NYSEMKT:INUV) quarterly revenue growth is -8.76%.