Nasdaq gainers: Baidu (NASDAQ:BIDU), Ctrip.com International (NASDAQ:CTRP), Zillow (NASDAQ:Z), Acacia Research Corp (NASDAQ:ACTG), Kandi Technologies Group Inc (NASDAQ:KNDI)

Technology Stocks News 6

Baidu Inc., which operates China’s most popular search engine, said Friday that its quarterly profit rose 34 percent over a year earlier as its mobile business grew. Baidu Inc (ADR) (NASDAQ:BIDU) stock performance was 10.88% in last session and finished the day at $226.50. Traded volume was 555.00million shares in the last session and the average volume of the stock remained 3.31million shares. The beta of the stock remained 1.97. Baidu Inc (ADR) (NASDAQ:BIDU) insider ownership is 3.31%.

Ctrip.com International Ltd. (CTRP:US) will extend its rally after reaching a record last week as China’s biggest travel website boosts its share of the hotel reservation market at the expense of smaller competitors, JG Capital says. Ctrip.com International, Ltd. (ADR) (NASDAQ:CTRP) rose 7.68 percent to $67.00 Friday on volume of  2.61million shares. The intra-day range of the stock was $61.56 to $67.23. Ctrip.com International, Ltd. (ADR) (NASDAQ:CTRP) has a market capitalization of $9.07billion.

ZILLOW Inc and Trulia Inc shareholders reaped US$1.9 billion in two days from a deal that hasn’t been announced yet. That may be just the beginning. Zillow Inc (NASDAQ:Z)’s stock on July 25, 2014 reported a increase of 8.99% to the closing price of $158.86. Its fifty two weeks range is $70.28 -$159.26. The total market capitalization recorded $.33billion. The overall volume in the last trading session was 150.00million shares. In its share capital, Z has 39.83million outstanding shares.

Zacks downgraded shares of Acacia Research Corp from a neutral rating to an underperform rating. Their analysts now have a $14.10 price target on that stock. On Friday, shares of Acacia Research Corp (NASDAQ:ACTG) advanced 16.7% to close the day at $17.49. Company return on investment (ROI) is -11.00% and its monthly performance is recorded as 4.48%. Acacia Research Corp (NASDAQ:ACTG) quarterly revenue growth is  7.23%.

Kandi Technologies group Inc. (NASDAQ:KNDI), a Chinese manufacturer of electric vehicles (EVs), declined 12.18% yesterday following its Form 10-Q filling, due to the concerns arising from its unclear sales growth. Kandi dominates China’s electric-car market, and has experienced a massive 384% increase in sales year-over-year in the first quarter according to its quarterly earnings, and 238% in the second quarter according to a press release by the company.  Kandi Technologies Group Inc (NASDAQ:KNDI) stock performance was 5.98% in last session and finished the day at $17.38. Traded volume was 4.09million shares in the last session and the average volume of the stock remained 2.45million shares. The beta of the stock remained 1.92. Kandi Technologies Group Inc (NASDAQ:KNDI) insider ownership is 39.47%.

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