Tech Bearish Stocks: 58.com (NYSE:WUBA), Perfect World Co (NASDAQ:PWRD), Digital Power Corporation (NYSEMKT:DPW), Criteo SA (ADR) (NASDAQ:CRTO)

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Analysts believes that the IPOs of online marketplace 58.com Inc (ADR) (NYSE:WUBA) and travel-booking site Qunar in the second half of 2013 opened the door for another round of US stock offerings by Chinese Internet companies. 58.com Inc (ADR) (NYSE:WUBA) stock performance was 48.68% in last session and finished the day at $46.29. Traded volume was 1.08million shares in the last session and the average volume of the stock remained 896.76K shares.

Giant Interactive, whose main competitors are Changyou.com Ltd, Perfect World Co Ltd (ADR) (NASDAQ:PWRD) and NetEase Inc, said the bidding group already owned about 49.3 percent of its shares. Perfect World Co., Ltd. (ADR) (NASDAQ:PWRD) dropped -5.27 percent to $21.77 Thursday on volume of 921,265.00million shares. The intra-day range of the stock was $21.58 to $22.92. Perfect World Co., Ltd. (ADR) (NASDAQ:PWRD) has a market capitalization of $1.07billion.

Digital Power Corporation (NYSEMKT:DPW) announced that it had received a five-year contract from Israel Aerospace Industries. As per the contract, Digital Power Corporation (NYSEMKT:DPW) will deliver its multiple outputconverter with low-voltage power supply (LVPS) to IAI, till the term of the contract. Digital Power Corporation (NYSEMKT:DPW)’s stock on Mar 20, 2014 reported a decrease of -10.26% to the closing price of $2.01. Its fifty two weeks range is $0.50 -$3.05. The total market capitalization recorded $13.77million. The overall volume in the last trading session was 661,884.00million shares. In its share capital, DPW has 6.85million outstanding shares.

Criteo S.A. (ADR) (NASDAQ:CRTO) announced today that it has commenced a public offering of 5,250,000 American Depository Shares, or ADSs, each representing one of Criteo S.A. (ADR) (NASDAQ:CRTO)’s ordinary shares. On Thursday, shares of Criteo SA (ADR) (NASDAQ:CRTO) dropped -7.39% to close the day at $45.50. Company return on investment (ROI) is 13.60% and its monthly performance is recorded as 12.99%. Criteo SA (ADR) (NASDAQ:CRTO) quarterly revenue growth is 37.30%.

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