CommScope Holding Company, Inc. (NASDAQ:COMM) has commenced an offering to sell 15,000,000 shares of its common stock by an affiliate of The Carlyle Group (the “selling stockholder”). The offering is being made pursuant to a registration statement on Form S-1 previously filed with the U.S. Securities and Exchange Commission. CommScope Holding Company, Inc. (NASDAQ:COMM) stock performance was -0.89% in last session and finished the day at $24.63. Traded volume was 671.6K shares in the last session and the average volume of the stock remained 822.90K shares.
Knowles Corporation (NYSE:KN) rose 1.12 percent to $30.68 Wednesday on volume of 527.30K shares. Knowles Corporation (NYSE:KN) has a market capitalization of $2.61billion.
Infoblox Inc (NYSE:BLOX), an automated network company, delivers network control solutions to transform and secure complex networks. Recently, company reported its third quarter financial results ended April 30, 2014 with higher net loss of $7.4 million than previous year period. Infoblox Inc (NYSE:BLOX)’s stock on June 11, 2014 reported a increase of 1.29% to the closing price of $13.37. Its fifty two weeks range is $12.01 -$48.97. The total market capitalization recorded $728.66million. The overall volume in the last trading session was 925.00K shares. In its share capital, BLOX has 54.50million outstanding shares.
CommScope Inc. and Harmonic Inc. (NASDAQ:HLIT) are also vying for share in the rapidly developing CCAP market. We’ll continue to track this space closely as all five vendors gear up for more MSO trials and deployments this year. On Wednesday, shares of Harmonic Inc (NASDAQ:HLIT) dropped -1.17% to close the day at $7.62. Company return on investment (ROI) is 4.40% and its monthly performance is recorded as 4.38%. Harmonic Inc (NASDAQ:HLIT) quarterly revenue growth is 14.93%.
Sierra Wireless Inc. (USA) (NASDAQ:SWIR), the company is facing significant challenges from newly launched products by large manufacturers like Qualcomm (QCOM – Analyst Report) and L.M. Ericsson (ERIC – Analyst Report). Qualcomm offers the Gobi chipset that combines broadband modem technology for high-speed 3G networks with GPS functionality. Sierra Wireless, Inc. (USA) (NASDAQ:SWIR) stock performance was 3.83% in last session and finished the day at $20.33. Traded volume was 472.90K shares in the last session and the average volume of the stock remained 607.89K shares. The beta of th1.70e stock remained . Sierra Wireless, Inc. (USA) (NASDAQ:SWIR) insider ownership is 4.57%.