Market Movers: SIRIUS XM Holding Inc. (NASDAQ:SIRI), Zynga Inc (NASDAQ:ZNGA), Micron Technology (NASDAQ:MU), Groupon Inc (NASDAQ:GRPN)

Technology Stocks News 2

Sirius XM Holdings Inc. (NASDAQ:SIRI) is now no longer involved in a low-ball buyout attempt by John Malone and Liberty Media Corp. (NASDAQ: LMCA). Last Friday we saw Bank of America Merrill Lynch issue a positive report on the standalone company, and now we have a similar call from Evercore Partners. SIRIUS XM Holding Inc. (NASDAQ:SIRI) stock performance was -0.58% in last session and finished the day at $3.42. Traded volume was 49,979,408 million shares in the last session and the average volume of the stock remained 70.64 million shares. The beta of the stock remained 1.33. SIRIUS XM Holding Inc. (NASDAQ:SIRI) insider ownership is 53.10%.

Zynga Inc (NASDAQ:ZNGA) had its target price increased by Wedbush from $6.00 to $7.00. They currently have an outperform rating on the stock. The analysts wrote, “Zynga overcame a rocky 2013, and CEO Don Mattrick streamlined the company’s cost structure and stabilized its core business, positioning Zynga to grow revenues and profits in 2014. Zynga Inc (NASDAQ:ZNGA) dropped -2.20 percent to $5.34 yesterday on volume of 27.68 million shares. The intra-day range of the stock was $5.33 to $5.59. Zynga Inc (NASDAQ:ZNGA) has a market capitalization of $4.36 billion.

Micron Technology, Inc. (NASDAQ:MU) is off to a fly high now and investors have much reason to rejoice. The company has just closed deal with Inotera Memories Inc. Inotera is a maker of DRAM memory and with the deal comes the prospect of MU approaching newer markets with its Taiwanese counterpart and thus achieving a larger market share .Micron Technology, Inc. (NASDAQ:MU)’s stock on Mar17, 2014 reported a decrease of -0.13% to the closing price of $23.93. Its fifty two weeks range is $8.98 -$25.68. The total market capitalization recorded $25.39 billion. The overall volume in the last trading session was 17,262,152 million shares. In its share capital, Micron Technology, Inc. (NASDAQ:MU) has 1.05 billion outstanding shares.

Groupon Inc (NASDAQ:GRPN) CAO Brian Stevens unloaded 11,162 shares of the stock in a transaction dated Thursday, March 13th. The stock was sold at an average price of $8.58, for a total transaction of $95,769.96. On Monday, shares of Groupon Inc (NASDAQ:GRPN) dropped -0.24% to close the day at $8.34. Company return on investment (ROI) is -11.20% and its monthly performance is recorded as -22.49%. Groupon Inc (NASDAQ:GRPN) quarterly revenue growth is -19.81%.

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