Morning Alert – Zynga Inc (NASDAQ:ZNGA) , MeetMe Inc (NASDAQ:MEET) , WPX Energy Inc (NYSE:WPX) , Orion Energy (NYSEMKT:OESX), Accelerate Diagnostics Inc (NASDAQ:AXDX)

Technology Stocks News 17

Zynga Inc. (NASDAQ:ZNGA) will hold a conference call to discuss financial results for its second quarter on August 7, 2014, at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time), following the release of its financial results after the close of market. Zynga Inc (NASDAQ:ZNGA) stock performance was 0.66% in last session and finished the day at $3.06. Traded volume was 10.82million shares in the last session and the average volume of the stock remained 25.49million shares. Zynga Inc (NASDAQ:ZNGA) insider ownership is 0.40%.

MeetMe, Inc. (NASDAQ:MEET), the company behind the namesake social discovery app, announced today that it will sell an additional 5 million shares through a secondary public offering, and has priced the sale at $2 a share. The offering will raise proceeds of around $10 million for the Pennsylvania-based social media company, which will be allocated toward expanding its working capital. MeetMe Inc (NASDAQ:MEET) dropped -10.39 percent to $2.07 Wednesday on volume of 3.89million shares. The intra-day range of the stock was $2.02 to $2.13. MeetMe Inc (NASDAQ:MEET) has a market capitalization of $80.67million.

WPX Energy Inc (NYSE:WPX) was downgraded by Zacks from an “outperform” rating to a “neutral” rating in a report released on Tuesday. They currently have a $25.70 price objective on the stock. Zacks‘s target price would indicate a potential upside of 22.56% from the company’s current price. WPX Energy Inc (NYSE:WPX)’s stock on July 23, 2014 reported a increase of 0.96% to the closing price of $21.06. Its fifty two weeks range is $16.80 -$24.35. The total market capitalization recorded $4.26billion. The overall volume in the last trading session was 2.20million shares. In its share capital, WPX has 202.15million outstanding shares.

Orion Energy Systems (NASDAQ:OESX) was upgraded by Zacks from an “underperform” rating to a “neutral” rating in a research report issued on Tuesday. The firm currently has a $4.40 price target on the stock. Zacks‘s price target indicates a potential upside of 1.62% from the stock’s previous close. On Wednesday, shares of Orion Energy Systems, Inc. (NYSEMKT:OESX) advanced 0.69% to close the day at $4.36. Company monthly performance is recorded as 6.08%. Orion Energy Systems, Inc. (NYSEMKT:OESX) quarterly revenue growth is -20.29%.

Accelerate Diagnostics (NASDAQ:AXDX) major shareholder Larry N. Feinberg purchased 20,000 shares of Accelerate Diagnostics stock in a transaction dated Wednesday, July 16th. The shares were purchased at an average cost of $21.54 per share, with a total value of $430,800.00. Following the transaction, the insider now directly owns 14,256 shares of the company’s stock, valued at approximately $307,074. Accelerate Diagnostics Inc (NASDAQ:AXDX) stock performance was -0.73% in last session and finished the day at $20.35. Traded volume was 103,624.00million shares in the last session and the average volume of the stock remained 221.86K shares. The beta of the stock remained 0.74. Accelerate Diagnostics Inc (NASDAQ:AXDX) insider ownership is 4.60%.

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