Moving Stocks – SouFun (NYSE:SFUN) , JD.Com (NASDAQ:JD) , Polypore International (NYSE:PPO), Entree (NYSEMKT:EGI) , Power Solutions International (NASDAQ:PSIX)

Technology Stocks News 13

In a report published on June 12, Deutsche Bank analyst Vivian Hao downgraded SouFun Holdings Ltd  (NYSE:SFUN) from Buy to Hold and lowered the price target to $11.00. The company announced a 40 percent discount on nationwide subscription fee to secondary listing customers, making up approximately 25 percent of revenues. Deutsche Bank sees this as a “major downside surprise for the market,” The analyst sees a magnified de-leveraging impact to its NP due to the higher margin nature of the segment. SouFun Holdings Ltd (NYSE:SFUN) stock performance was -2.18% in last session and finished the day at $9.86. Traded volume was 5.24million shares in the last session and the average volume of the stock remained 6.81million shares. The beta of the stock remained 2.15. SouFun Holdings Ltd (NYSE:SFUN) insider ownership is 0.37%.

JD.com, Inc. (NASDAQ:JD) announced that Paipai, the consumer-to-consumer (“C2C”) marketplace platform and a subsidiary of the Company has re-launched its site with the goal of bringing JD.com’s superior shopping experience to China’s C2C space. The enhanced platform reduces marketing costs for sellers and prioritizes search relevance over advertising, while providing the option to complete orders through JD.com’s own nationwide fulfillment network. JD.Com Inc (ADR) (NASDAQ:JD) dropped -5.32 percent to $27.56 Thursday on volume of 3.75million shares. The intra-day range of the stock was $27.50 to $29.39. JD.Com Inc(ADR) (NASDAQ:JD) has a market capitalization of $37.68billion.

Polypore International (NYSE:PPO) has earned an average rating of “Buy” from the thirteen ratings firms that are presently covering the company, Stock Ratings Network reports. Six analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $43.53. Polypore International, Inc. (NYSE:PPO)’s stock on July 17, 2014 reported a decrease of -2.17% to the closing price of $44.11. Its fifty two weeks range is $29.39 -$48.72. The total market capitalization recorded $1.99billion. The overall volume in the last trading session was 162,446.00million shares. In its share capital, PPO has 45.08million outstanding shares.

Entrée Gold Inc. (NYSEMKT:EGI) announces the commencement of pre-feasibility drilling at its 100% owned Ann Mason project in the Yerington district of Nevada. Completion of this drill program will significantly advance the Ann Mason deposit along a development timeline and is a major step towards a pre-feasibility study (“PFS”). On Thursday, shares of Entree Gold Inc (NYSEMKT:EGI) dropped -3.96% to close the day at $0.291. Company monthly performance is recorded as -9.06%. Entree Gold Inc (NYSEMKT:EGI) quarterly revenue growth is -14.41%.

Power Solutions International, Inc. (NASDAQ:PSIX) announced on 10 July 2014 that it will release financial results for the second quarter of 2014 after the market close on Thursday, August 7, 2014. An investor conference call will follow at 4:30 p.m. ET/3:30 p.m. CT. The call will be hosted by Gary Winemaster, Chief Executive Officer, Eric Cohen, Chief Operating Officer, and Daniel Gorey, Chief Financial Officer. Power Solutions International Inc (NASDAQ:PSIX) stock performance was -2.96% in last session and finished the day at $61.08. Traded volume was 49,236.00million shares in the last session and the average volume of the stock remained 82.43K shares. The beta of the stock remained -7.26. Power Solutions International Inc (NASDAQ:PSIX) insider ownership is 36.20%.

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