Microcap Losers: Sky-mobi (NASDAQ:MOBI), Pacific Ethanol Inc (NASDAQ:PEIX), MeetMe Inc (NYSEMKT:MEET), The Bon-Ton Stores (NASDAQ:BONT)

Technology Stocks News 20

Sky-mobi Ltd (ADR) (NASDAQ:MOBI) retreated from its earlier session’s rally. The mobile application store operator has recently announced that it has partnered with China Unicom. Sky-mobi Ltd (ADR) (NASDAQ:MOBI) has effected this partnership through its holding company called Mopin Technology, which signed an agreement with the ChinaUnicome’s official app store called the Wo Store. As per the agreed terms of the deal, Sky-mobi Ltd (ADR) (NASDAQ:MOBI) will deliver custom-made software services for the telecom’s physical stores. Sky-mobi Ltd (ADR) (NASDAQ:MOBI) stock performance was -13.27% in last session and finished the day at $9.54. Traded volume was 1.78million shares in the last session and the average volume of the stock remained 784.50K shares. The beta of the stock remained 5.54.

Trade-Ideas LLC identified Pacific Ethanol Inc (NASDAQ:PEIX) as a “perilous reversal” (up big yesterday but down big today) candidate. TheStreet Quant Ratings rates Pacific Ethanol as a hold. The company’s strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and impressive record of earnings per share growth. Pacific Ethanol Inc (NASDAQ:PEIX) dropped -7.42 percent to $15.84 Tuesday on volume of 2.63million shares. The intra-day range of the stock was $15.29 to $17.36. Pacific Ethanol Inc (NASDAQ:PEIX) has a market capitalization of $255.44million.

MeetMe Inc (NASDAQ:MEET) was upgraded by equities research analysts at TheStreet from a “sell” rating to a “hold” rating in a research note issued to investors on Wednesday, American Banking & Market News reports. MeetMe Inc (NYSEMKT:MEET)’s stock on Mar 25, 2014 reported a decrease of -7.51% to the closing price of $3.20. Its fifty two weeks range is $1.07 -$4.39. The total market capitalization recorded $123.13million. The overall volume in the last trading session was 915.3K shares. In its share capital, MEET has 38.48million outstanding shares.

A city of Milwaukee committee has voted unanimously to approve a $1.2 million financial incentive for the downtown Boston Store and its parent company The Bon-Ton Stores, Inc. (NASDAQ:BONT). Under the proposal, The Bon-Ton Stores, Inc. (NASDAQ:BONT) will keep the downtown Boston Store open through January of 2018, and will keep 750 full-time jobs at its corporate offices and Boston Store during that time. On Tuesday, shares of The Bon-Ton Stores, Inc. (NASDAQ:BONT) dropped -5.17% to close the day at $11.18. Company return on investment (ROI) is 6.60% and its monthly performance is recorded as 17.07%. The Bon-Ton Stores, Inc. (NASDAQ:BONT) quarterly revenue growth is -34.89%.

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