Stock Highlights – NewLead Holdings (NASDAQ:NEWL) , Ultrapetrol (NASDAQ:ULTR) , Cyren (NASDAQ:CYRN) , Coronado Biosciences Inc (NASDAQ:CNDO)

Technology Stocks News 6

NewLead Holdings Ltd. (NASDAQ: NEWL) (“NewLead” or the “Company”) today announced that a 1-for-50 reverse stock split of its common shares has been approved by the Company’s Board of Directors and by written consent of a majority of NewLead’s shareholders, in order for the Company to achieve compliance with the minimum bid price requirement of $1.00 per share for continued listing on The NASDAQ Global Select Market (“NASDAQ”). The reverse split will be effective upon the commencement of trading tomorrow, July 15, 2014. NewLead Holdings Ltd (NASDAQ:NEWL) stock performance was -9.31% in last session and finished the day at $0.0643. Traded volume was 126.84million shares in the last session and the average volume of the stock remained 20.42million shares. The beta of the stock remained 2.13. NewLead Holdings Ltd (NASDAQ:NEWL) insider ownership is 6.59%.

Ultrapetrol (Bahamas) Limited (NASDAQ:ULTR) surges after Southern Cross Group increased its ownership stake to 85%, up from 67%, after buying ~25.3M shares from subsidiaries of SIPSA for each, a 38.8% premium over Friday’s closing price. Ultrapetrol (Bahamas) Limited (NASDAQ:ULTR) rose 13.89 percent to $3.28 Monday on volume of 868,842.00million shares. The intra-day range of the stock was $2.95 to $3.33. Ultrapetrol (Bahamas) Limited (NASDAQ:ULTR) has a market capitalization of $460.58million.

Perion Codefuel, a division of Perion Network Ltd. (NASDAQ: PERI) (TASE: PERI), a leading provider of software monetization solutions, and CYREN Ltd (NASDAQ:CYRN), a leading provider of cloud-based security solutions, announced today that they entered into a strategic cooperation and intend to leverage CYREN’s online security services in order to help extend Perion Codefuel’s suite of browsing and security applications. Cyren Ltd (NASDAQ:CYRN)’s stock on July 14, 2014 reported a increase of 0.37% to the closing price of $2.72. Its fifty two weeks range is $2.02 -$4.10. The total market capitalization recorded $72.01million. The overall volume in the last trading session was 15,522.00million shares. In its share capital, CYRN has 26.35million outstanding shares.

Coronado Biosciences, Inc. (NASDAQ:CNDO) announced disappointing top-line results from a pilot study on TSO (Trichuris suis ova or CNDO-201). Coronado’s shares fell 3.8% following the news. On Monday, shares of Coronado Biosciences Inc (NASDAQ:CNDO) advanced 1.82% to close the day at $1.68. Company monthly performance is recorded as -2.89%. Coronado Biosciences Inc (NASDAQ:CNDO) quarterly revenue growth is -4.55%.

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