Bullish Stocks: eLong (NASDAQ:LONG), Hutchinson Technology Incorporated (NASDAQ:HTCH), Dicerna Pharmaceuticals Inc (NASDAQ:DRNA), MFC Industrial (NYSE:MIL), King Digital Entertainment (NYSE:KING)

Technology Stocks News 10

TheStreet upgraded shares of eLong, Inc. (ADR) (NASDAQ:LONG) from a sell rating to a hold rating in a report released on Tuesday. eLong, Inc. (ADR) (NASDAQ:LONG) stock performance was 21.89% in last session and finished the day at $21.94. Traded volume was 540,102.00million shares in the last session and the average volume of the stock remained 25.44K shares. The beta of the stock remained -0.06. eLong, Inc. (ADR) (NASDAQ:LONG) insider ownership is 15.00%.

Hutchinson Technology Incorporated (NASDAQ:HTCH) announced that it is taking actions to further reduce costs and preserve cash. The company expects to reduce its U.S. workforce by approximately 100 positions by the end of July and estimates that its fiscal 2014 third quarter financial results will include approximately $1.3M of severance charges related to this action. Hutchinson Technology Incorporated (NASDAQ:HTCH) rose 20.77 percent to $2.50 Monday on volume of 1.47million shares. The intra-day range of the stock was $2.10 to $2.70. Hutchinson Technology Incorporated (NASDAQ:HTCH) has a market capitalization of $70.14million.

Dicerna Pharmaceuticals Inc. (NASDAQ:DRNA) is up over 19% today on positive preclinical data for DCR-PH1, the company’s drug to treat primary hyperoxaluria type 1 (PH1). PH1 is an inherent liver disease that can cause kidney problems. Dicerna Pharmaceuticals Inc (NASDAQ:DRNA)’s stock on June 30, 2014 reported a increase of 19.80% to the closing price of $22.57. Its fifty two weeks range is $15.00 -$46.00. The total market capitalization recorded $400.91million. The overall volume in the last trading session was 700,213.00million shares. In its share capital, DRNA has 17.77million outstanding shares.

MFC Industrial Ltd. (NYSE:MIL) said Friday that it has appointed Samuel Morrow as its Chief Financial Officer. Morrow replaces James Carter, who will continue with the Company as Vice President, Finance,focusing on the Company’s resource interests. On Monday, shares of MFC Industrial Ltd (NYSE:MIL) advanced 1.19% to close the day at $7.65. Company return on investment (ROI) is 20.20% and its monthly performance is recorded as 4.08%. MFC Industrial Ltd (NYSE:MIL) quarterly revenue growth is -2.92%.

King Digital Entertainment PLC (NYSE:KING)) is among the biggest gainers on a day that’s seeing plenty of heavily-shorted tech names squeeze higher. 10.5M shares of the Candy Crush Saga developer were shorted as of June 13, up from 9.4M on May 30 and just 2.7M on Match 31 (5 days after King’s IPO). King Digital Entertainment PLC (NYSE:KING) stock performance was 15.13% in last session and finished the day at $20.55. Traded volume was 7.31million shares in the last session and the average volume of the stock remained 1.31million shares.

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