Finance

Tech Sector New Lows: WPCS International Incorporated (NASDAQ:WPCS), NII Holdings (NASDAQ:NIHD), Care.com (NYSE:CRCM, The Rubicon Project Inc (NYSE:RUBI)

WPCS International Incorporated (NASDAQ:WPCS), which specializes in contracting services for communications infrastructure and the development of a Bitcoin trading platform, today announced that it received a letter from the Staff of the Listing Qualifications Department of The NASDAQ Stock Market LLC (“NASDAQ”) indicating that unless the Company timely requests a hearing before the NASDAQ Listing Qualifications Panel (the “Panel”). WPCS International Incorporated (NASDAQ:WPCS) stock performance was 20.59% in last session and finished the day at $ 0.8020. Traded volume was 906,704 shares in the last session and the average volume of the stock remained 638,662 shares. The beta of the stock remained 0.59. WPCS International Incorporated (NASDAQ:WPCS) insider ownership is 0.10%.

NII Holdings Inc. (NASDAQ:NIHD) was the recipient of a significant growth in short interest in the month of April. As of April 15th, there was short interest totalling 41,184,914 shares, a growth of 5.7% from the March 31st total of 38,968,912 shares, Analyst Ratings Network.com reports. NII Holdings Inc (NASDAQ:NIHD) dropped 9.21% percent to $ 0.69 yesterday on volume of 4,299,028 shares. The intra-day range of the stock was $ 0.68 – 0.79. NII Holdings Inc (NASDAQ:NIHD) has a market capitalization of $ 118.75 million.

Care.com Inc (NYSE:CRCM)‘s stock had its “overweight” rating restated by equities research analysts at JPMorgan Chase & Co. in a research note issued to investors on Friday, Analyst Ratings Network.com reports. Care.com Inc (NYSE:CRCM)’s stock on May 6, 2014 reported a increase/decrease of – 4.28% to the closing price of $ 10.51. Its fifty two weeks range is $ 10.41 – 29.25. The total market capitalization recorded $ 325.44 million. The overall volume in the last trading session was 373,655 shares. In its share capital, Care.com Inc (NYSE:CRCM has 30.98 million outstanding shares.

The Rubicon Project (NASDAQ:RUBI) in a research report sent to investors on Monday morning, AnalystRatings.Net reports. The firm issued an overweight rating and a $27.00 price target on the stock. On Friday, shares of The Rubicon Project Inc (NYSE:RUBI) dropped 7.06% to close the day at $ 13.29. Company return on investment (ROI) is 12.70% and its monthly performance is recorded as -30.05%.