Stock Alert: Hewlett-Packard Company (NYSE:HPQ), MeetMe (NASDAQ:MEET), Yelp Inc (NYSE:YELP), Cypress Semiconductor (NASDAQ:CY), Ciena Corporation (NYSE:CIEN)

Technology Stocks News 18

Hewlett-Packard Co. (NYSE:HPQ) has unveiled a new cloud encryption tool for customers to protect sensitive data, Infotech Lead reported Thursday. HP designed the Atalla cloud encryption system to secure data residing in the cloud and on enterprise premises such as emails, payment data and electronic health records, according to the report. Hewlett-Packard Company (NYSE:HPQ) stock performance was -1.09% in last session and finished the day at $33.50. Traded volume was 7.18million shares in the last session and the average volume of the stock remained 10.84million shares. The beta of the stock remained 1.52. Hewlett-Packard Company (NYSE:HPQ) insider ownership is 0.08%.

MeetMe, Inc. (NASDAQ:MEET), the public market leader for social discovery, has enhanced the Chat experience in its MeetMe mobile applications by integrating notifications of new friends and new matches directly into user-to-user conversations. MeetMe Inc (NASDAQ:MEET) dropped -6.54 percent to $2.43 Tuesday on volume of 1.06million shares. The intra-day range of the stock was $2.40 to $2.61. MeetMe Inc (NASDAQ:MEET) has a market capitalization of $93.83million.

Yelp Inc (NASDAQ:YELP) CEO Jeremy Stoppelman sold 13,514 shares of the stock on the open market in a transaction dated Thursday, July 3rd. The shares were sold at an average price of $78.35, for a total transaction of $1,058,821.90. Yelp Inc (NYSE:YELP)’s stock on July 08, 2014 reported a decrease of -6.67% to the closing price of $70.71. Its fifty two weeks range is $34.62 -$101.75. The total market capitalization recorded $5.06billion. The overall volume in the last trading session was 6.71million shares. In its share capital, YELP has 71.66million outstanding shares.

Cypress Semiconductor Corp. (NASDAQ: CY) will announce its second-quarter 2014 and year-to-date fiscal year earnings on Thursday, July 17, 2014 and will discuss the results in a conference call that day at 8:30 a.m. Pacific Daylight Time. On Tuesday, shares of Cypress Semiconductor Corporation (NASDAQ:CY) dropped -2.85% to close the day at $10.58. Company return on investment (ROI) is -11.80% and its monthly performance is recorded as -0.09%. Cypress Semiconductor Corporation (NASDAQ:CY) quarterly revenue growth is 7.63%.

On Jul 3, 2014, Zacks Investment Research upgraded telecom equipment maker Ciena Corporation (NYSE:CIEN) to a Zacks Rank #1 (Strong Buy). A strong return of almost 13.0% over the last one year, long-term expected earnings growth rate of 16.7% and a positive estimate revision trend make Ciena an attractive investment opportunity. Ciena Corporation (NYSE:CIEN) stock performance was -4.13% in last session and finished the day at $21.12. Traded volume was 5.07million shares in the last session and the average volume of the stock remained 3.66million shares. The beta of the stock remained 2.10. Ciena Corporation (NYSE:CIEN) insider ownership is 2.50%.

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