Mid Cap Bearish Stocks: SolarCity Corp (NASDAQ:SCTY), Yelp Inc (NYSE:YELP), Qlik Technologies Inc (NASDAQ:QLIK), Rackspace Hosting (NYSE:RAX)

Technology Stocks News 16

Solar photovoltaic installer SolarCity Corp (NASDAQ:SCTY) has now teamed up with the big-box retailer Best Buy Co., Inc. (NYSE:BBY) to make solar services readily available to customers. The shares of SolarCity Corp (NASDAQ:SCTY) gained 7.0% yesterday on the news. SolarCity Corp (NASDAQ:SCTY) stock performance was -5.63% in last session and finished the day at $74.08. Traded volume was 5.95million shares in the last session and the average volume of the stock remained 4.64million shares. SolarCity Corp (NASDAQ:SCTY) insider ownership is 28.70%.

Yahoo! is cribbing from Yelp Inc (NYSE:YELP)’s online reviews of local merchants to soup up its search engine. Yelp Inc (NYSE:YELP) dropped -5.84 percent to $87.37 yesterday on volume of 5.39million shares. The intra-day range of the stock was $85.08 to $94.55. Yelp Inc (NYSE:YELP) has a market capitalization of $6.19billion.

The market for data analytics software doesn’t begin and end with Oracle, SAP or even Tableau Software. So says Lars Bjork, chief executive of Qlik Technologies Inc (NASDAQ:QLIK). Founded in Sweden in 1993, Qlik Technologies Inc (NASDAQ:QLIK), with its Qlik Technologies Inc (NASDAQ:QLIK) View software platform, helps companies better manage data coming from multiple departments and devices. Qlik Technologies Inc (NASDAQ:QLIK)’s stock on Mar 13, 2014 reported a decrease of -5.66% to the closing price of $28.98. Its fifty two weeks range is $23.23 -$37.56. The total market capitalization recorded $2.57billion. The overall volume in the last trading session was 4.13million shares. In its share capital, QLIK has 88.82million outstanding shares.

Shares of Rackspace Hosting Inc (NYSE:RAX) were down 6.1% on Thursday after an insider sold shares in the company. On Tuesday, shares of Rackspace Hosting, Inc. (NYSE:RAX) dropped -5.71% to close the day at $34.32. Company return on investment (ROI) is 8.00% and its monthly performance is recorded as 5.11%. Rackspace Hosting, Inc. (NYSE:RAX) quarterly revenue growth is 3.40%.

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