Hot Movers: Sony Corp (ADR) (NYSE:SNE), Advanced Micro Devices (NYSE:AMD), NVIDIA Corporation (NASDAQ:NVDA), QUALCOMM (NASDAQ:QCOM)



Yesterday, Sony Corporation (ADR) (NYSE:SNE) announced that they are selling SCE’s 9,520,000 shares in Square Enix to one of the biggest Japanese brokerage firms, SMBC Nikko Securities. The analyst predicted that the deal will net Sony Corporation (ADR) (NYSE:SNE) 4.8 billion YEN which is “47 million dollars”. Sony Corp (ADR) (NYSE:SNE) stock performance was 1.24% in last session and finished the day at $18.78. Traded volume was 1.03million shares in the last session and the average volume of the stock remained 2.59million shares. The beta of the stock remained 1.56.

Advanced Micro Devices Inc. (NYSE:AMD) hopes to persuade more organizations to move their servers to the x86 APU architecture, after it demonstrated its upcoming Opteron X APU running Fedora Linux. Advanced Micro Devices Inc. (NYSE:AMD) revealed the new server chip, codenamed “Berlin,” at Red Hat Summit 2014 in San Francisco 16 April. The Fedora Project is a community-based Linux distribution sponsored by Red Hat. Advanced Micro Devices, Inc. (NYSE:AMD) dropped -0.79 percent to $3.76 Wednesday on volume of 18.10million shares. The intra-day range of the stock was $3.73 to $3.83. Advanced Micro Devices, Inc. (NYSE:AMD) has a market capitalization of $2.73billion.

NVIDIA Corporation (NASDAQ:NVDA) was the recipient of a significant decline in short interest in January. As of March 31st, there was short interest totaling 56,654,501 shares, a decline of 3.1% from the March 14th total of 58,440,553 shares, AnalystRatings.Net reports. Approximately 10.8% of the company’s stock are short sold. NVIDIA Corporation (NASDAQ:NVDA)’s stock on Apr 16, 2014 reported a increase of 0.22% to the closing price of $18.49. Its fifty two weeks range is $12.37 -$19.18. The total market capitalization recorded $10.30billion. The overall volume in the last trading session was 5.88million shares. In its share capital, NVDA has 557.31million outstanding shares.

Good news for RMBS is the potential for new royalty streams from Qualcomm Inc. (NASDAQ:QCOM) and Mediatek could range from $50 to $95 million per year. This would definitely be a big shot in the arm down the road. On Wednesday, shares of QUALCOMM, Inc. (NASDAQ:QCOM) advanced 0.87% to close the day at $80.18. Company return on investment (ROI) is 16.10% and its monthly performance is recorded as 3.52%. QUALCOMM, Inc. (NASDAQ:QCOM) quarterly revenue growth is 8.12%.

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