Nasdaq active movers: Facebook Inc (NASDAQ:FB), Sirius XM Holdings (NASDAQ:SIRI), QUALCOMM (NASDAQ:QCOM), Glu Mobile Inc. (NASDAQ:GLUU), Gilead Sciences, Inc. (NASDAQ:GILD)

Technology Stocks News 14

Facebook Inc said the US Securities and Exchange Commission dropped its probe into the social networking company over events surrounding its controversial initial public offering. Facebook Inc (NASDAQ:FB) stock performance was 0.28% in last session and finished the day at $75.19. Traded volume was 385.00million shares in the last session and the average volume of the stock remained 49.28million shares. Facebook Inc (NASDAQ:FB) insider ownership is 0.50%.

Sirius XM Holdings (NASDAQ:SIRI) will release its Q214 earnings data on Tuesday, July 29th. Analysts expect Sirius XM Holdings to post earnings of $0.02 per share and revenue of $1.02 billion for the quarter.  Sirius XM Holdings Inc. (NASDAQ:SIRI) dropped -0.29 percent to $3.44 Friday on volume of  43.94billion shares. The intra-day range of the stock was $3.42 to $3.45. Sirius XM Holdings Inc. (NASDAQ:SIRI) has a market capitalization of $20.7billion.

QUALCOMM (NASDAQ:QCOM)‘s stock had its “buy” rating reaffirmed by analysts at Nomura in a research report issued to clients and investors on Thursday. They currently have a $85.00 price objective on the stock, down from their previous price objective of $90.00. Nomura’s target price would suggest a potential upside of 11.70% from the stock’s previous close. QUALCOMM, Inc. (NASDAQ:QCOM)’s stock on July 25, 2014 reported a decrease of -0.09% to the closing price of $76.10. Its fifty two weeks range is $62.83 -$81.97. The total market capitalization recorded $127.55billion. The overall volume in the last trading session was 50.00million shares. In its share capital, QCOM has 1.68billion outstanding shares.

On JULY 16, Glu Mobile Inc. (NASDAQ:GLUU), a leading global developer and publisher of free-to-play games for smartphone and tablet devices, today announced that it will report its financial results for the second quarter ended June 30, 2014 after the U.S. markets close on Wednesday, July 30, 2014.  On Friday, shares of Glu Mobile Inc. (NASDAQ:GLUU)advanced 2.43% to close the day at $7.17. Company return on investment (ROI) is -42.80% and its monthly performance is recorded as 77.04%.  Glu Mobile Inc. (NASDAQ:GLUU) quarterly revenue growth is 76.17%.

Gilead Sciences (NASDAQ:GILD)‘s stock had its “overweight” rating reiterated by investment analysts at JPMorgan Chase & Co. in a note issued to investors on Thursday. They currently have a $110.00 price objective on the stock, up from their previous price objective of $100.00. JPMorgan Chase & Co.’s target price suggests a potential upside of 22.44% from the stock’s previous close. Gilead Sciences, Inc. (NASDAQ:GILD) stock performance was -0.77% in last session and finished the day at $89.84. Traded volume was 250.00million shares in the last session and the average volume of the stock remained 11.82million shares. The beta of the stock remained 0.71. Gilead Sciences, Inc. (NASDAQ:GILD) insider ownership is 0.40%.

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