A 7% rally in Pandora (NYSE: P) shares Monday following an analyst upgrade wasn’t enough to boost an exchange traded fund that specializes in social media stocks. Global X Social Media ETF (NasdaqGM: SOCL …
Archive for March 5th, 2012
A look at Nasdaq 10 most-active stocks at 1 p.m.: AEterna Zentaris Inc. rose 21.1 percent to $2.12 with 10,046,200 shares traded.
Bernstein Research downgrades both prepaid wireless carriers, citing worries about valuation and spectrum challenges.
Stock Funds Rose 3.98% In Feb. As S&P Hit New High
US equities fell as China cut its growth forecast for the year, weighing on cyclical raw material stocks and miners in particular.
Stocks Fall, But Pare Losses; Pandora, Sourcefire Rise
Stocks Struggle to Overcome Growth Data Stocks bounced back in afternoon trading from morning losses, but they remained in the red amid concerns about slowing global economic growth.
Among the stock activity stories for Monday, March 5, from AP Business News: — Shares of Pandora Media Inc. rose after an analyst upgraded the company, saying it will likely make more money from mobile advertising.
Shares of Leap Wireless International Inc., the parent of the Cricket cellphone service, and of MetroPCS Communications Inc. fell Monday after downgrades by an influential analyst.
Alcoa Leads U.S. Stocks Lower U.S. stocks slid as investors re-evaluated the market’s recent rally in light of talk of slowing global economic growth. MarketBeat: IBM Briefly Cracks $200 a Share Heard: Insiders Aren’t Buying the Rally Election Year Poses Challenge for Stocks