NASDAQ gainers: Shenandoah Telecommunications (NASDAQ:SHEN), Wix.Com (NASDAQ:WIX), MeetMe (NASDAQ:MEET), Lightbridge Corp (NASDAQ:LTBR), LeMaitre Vascular (NASDAQ:LMAT)

Technology Stocks News 15

Drexel Hamilton believes the 12% sell-off in shares of Shenandoah Telecommunications Company (NASDAQ:SHEN) over the past 10 days presents an attractive entry point. The firm reiterates a Buy rating on the stock with a $30 price target. Shenandoah Telecommunications Company (NASDAQ:SHEN) stock performance was 5.43% in last session and finished the day at $30.11. Traded volume was 110,296.00million shares in the last session and the average volume of the stock remained 82.91K shares. The beta of the stock remained 1.47.  Shenandoah Telecommunications Company (NASDAQ:SHEN) insider ownership is 2.40%.

Wix.com Ltd. (NASDAQ:WIX), a leading global web development platform, announced today that its worldwide user base had surpassed 50 million registered users. The milestone followed a record first quarter of 2014, a factor largely driven by the company’s continued focus on product development, which resulted in the release of over 150 new features, advanced design capabilities and apps since the beginning of the year. Wix.Com Ltd (NASDAQ:WIX) rose 12.77 percent to $20.04 Tuesday on volume of 1.08million shares. The intra-day range of the stock was $18.50 to $20.31. Wix.Com Ltd (NASDAQ:WIX) has a market capitalization of $754.85million.

MeetMe Inc (NASDAQ:MEET) soared over 18 percent in the current trading session after the social media technology company said that it achieved a new landmark of 15 million chats in a single day. MeetMe Inc (NASDAQ:MEET)’s stock on June 24, 2014 reported a increase of 12.77% to the closing price of $2.65. Its fifty two weeks range is $1.07 -$4.39. The total market capitalization recorded $102.33million. The overall volume in the last trading session was 3.91million shares. In its share capital, MEET has 38.63million outstanding shares.

On June 19, 2014, the Annual Meeting of Lightbridge Corporation (NASDAQ:LTBR)’s Stockholders was held in Washington, DC. At the meeting, the Company’s stockholders:  i. re-elected each of the five existing directors to serve as a director of the Company until the 2015 annual meeting of stockholders, or until a successor is duly elected and qualified; ii. ratified the selection of Anderson Bradshaw PLLC as Lightbridge Corporation’s independent registered public accounting firm for the year ending December 31, 2014; and iii. approved, on an advisory basis, Lightbridge Corporation’s executive compensation as described in Lightbridge Corporation’s proxy statement dated April 25, 2014. On Tuesday, shares of Lightbridge Corp (NASDAQ:LTBR) advanced 6.23% to close the day at $2.73. Company return on investment (ROI) is -94.20% and its monthly performance is recorded as 16.67%. Lightbridge Corp (NASDAQ:LTBR) quarterly revenue growth is -5.54%.

Equities researchers at Stifel Nicolaus assumed coverage on shares of LeMaitre Vascular Inc (NASDAQ:LMAT) in a research report issued on Tuesday, TheFlyOnTheWall.com reports. The firm set a “buy” rating and a $11.00 price target on the stock. Stifel Nicolaus’ target price suggests a potential upside of 54.06% from the stock’s previous close. LeMaitre Vascular Inc (NASDAQ:LMAT) stock performance was 10.92% in last session and finished the day at $7.92. Traded volume was 42,537.00million shares in the last session and the average volume of the stock remained 13.62K shares. The beta of the stock remained 0..09. LeMaitre Vascular Inc (NASDAQ:LMAT) insider ownership is 2.50%.

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