Tech Gainers: Baidu Inc (NASDAQ:BIDU), NQ Mobile (NYSE:NQ), Verisign (NASDAQ:VRSN), YY Inc (NASDAQ:YY), Amazon.com, Inc. (NASDAQ:AMZN)

Technology Stocks News 5

Baidu Inc (ADR) (NASDAQ:BIDU) was upgraded by analysts at Morgan Stanley from an “equal weight” rating to an “overweight” rating. They now have a $239.30 price target on the stock, up previously from $196.30. Baidu Inc (ADR) (NASDAQ:BIDU) stock performance was 10.88% in last session and finished the day at $226.50. Traded volume was 12.60million shares in the last session and the average volume of the stock remained 3.26million shares. The beta of the stock remained 1.97. Baidu Inc (ADR) (NASDAQ:BIDU) insider ownership is 0.13%.

NQ Mobile Inc. (NQ) is trading higher on the back of a partnership it announced with A Wireless, a Verizon Premium Retailer. The retailer will provide bundled security for iOS and Android in more than 200 stores. NQ Mobile Inc (ADR) (NYSE:NQ) rose 7.41 percent to $6.67 Friday on volume of 10.46million shares. The intra-day range of the stock was $6.21 to $7.04. NQ Mobile Inc (ADR) (NYSE:NQ) has a market capitalization of $321.86million.

VeriSign Inc. (NASDAQ: VRSN)  raised to Neutral from Sell at Citigroup. Verisign, Inc. (NASDAQ:VRSN)’s stock on July 25, 2014 reported a increase of 11.56% to the closing price of $55.59. Its fifty two weeks range is $46.45 -$62.96. The total market capitalization recorded 7.31billion. The overall volume in the last trading session was 6.44million shares. In its share capital, VRSN has 125.02million outstanding shares.

YY Inc. , a revolutionary real-time interactive social platform, today announced that it plans to release its second quarter 2014 financial results on Wednesday, August 6, 2014 after market close. The Company will hold a conference call on Wednesday, August 6, 2014 at 9:00 pm Eastern Time or Thursday, August 7, 2014 at 9:00 am Beijing Time to discuss the financial results. On Friday, shares of YY Inc (ADR) (NASDAQ:YY) advanced 6.88% to close the day at $79.25. Company return on investment (ROI) is 20.50% and its monthly performance is recorded as 7.05%.  YY Inc (ADR) (NASDAQ:YY) quarterly revenue growth is  25.38%.

Amazon.com, Inc. (NASDAQ:AMZN) hoped to have some of these issues resolved by the time the phone shipped last week, and other fixes will likely come through future software updates, but consider that it took Amazon’s tablet computer two years to become a strong contender to Apple’s iPad. Amazon.com, Inc. (NASDAQ:AMZN) stock performance was -9.65% in last session and finished the day at $324.01. Traded volume was 17.86million shares in the last session and the average volume of the stock remained 4.13million shares. The beta of the stock remained 0.93. Amazon.com, Inc. (NASDAQ:AMZN) insider ownership is 18.30%.

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