Tech Losers: Maxim Integrated Products (NASDAQ:MXIM), Informatica (NASDAQ:INFA), Synaptics (NASDAQ:SYNA), Gigamon Inc (NYSE:GIMO), Diodes Incorporated (NASDAQ:DIOD)

Technology Stocks News 2

Maxim Integrated Products (NASDAQ:MXIM)‘s stock had its “neutral” rating restated by stock analysts at Nomura in a report issued on Friday. They currently have a $28.00 price target on the stock, down from their previous price target of $31.00. Nomura’s price target points to a potential downside of 4.70% from the company’s current price. Maxim Integrated Products Inc. (NASDAQ:MXIM) stock performance was -10.81% in last session and finished the day at $29.38. Traded volume was 13.45million shares in the last session and the average volume of the stock remained 2.30million shares. The beta of the stock remained 1.09. Maxim Integrated Products Inc. (NASDAQ:MXIM) insider ownership is 0.20%.

Informatica (NASDAQ:INFA)‘s stock had its “hold” rating restated by equities researchers at Deutsche Bank in a research report issued on Friday. They currently have a $32.00 price target on the stock, down from their previous price target of $40.00. Deutsche Bank’s target price would indicate a potential upside of 4.40% from the stock’s previous close. Informatica Corporation (NASDAQ:INFA) dropped -12.25 percent to $30.65 Friday on volume of  11.37million shares. The intra-day range of the stock was $29.87 to $31.23. Informatica Corporation (NASDAQ:INFA) has a market capitalization of $3.36billion.

The smartphone has chips sourced from Synaptics Inc and Skyworks Solutions Inc and is powered by a Qualcomm quad-core Snapdragon 800 processor, the repair and teardown specialist said. Synaptics, Incorporated (NASDAQ:SYNA)’s stock on July 25, 2014 reported a decrease of -5.73% to the closing price of $75.57. Its fifty two weeks range is $37.87 -$ 93.27. The total market capitalization recorded $ 2.72billion. The overall volume in the last trading session was 1.91million shares. In its share capital, SYNA has 36.02million outstanding shares.

Gigamon (NASDAQ:GIMO)‘s stock had its “outperform” rating reiterated by stock analysts at Credit Suisse in a report issued on Friday. They currently have a $18.00 price objective on the stock, down from their previous price objective of $19.00. Credit Suisse’s price objective points to a potential upside of 59.29% from the stock’s previous close. On Friday, shares of Gigamon Inc (NYSE:GIMO) dropped -8.72% to close the day at $11.30. Company return on investment (ROI) is -7.70% and its monthly performance is recorded as  -41.30%.  Gigamon Inc (NYSE:GIMO) quarterly revenue growth is -33.72%.

Diodes Incorporated (NASDAQ:DIOD) a leading global manufacturer and supplier of high-quality application specific standard products within the broad discrete, logic and analog semiconductor markets, will host a conference call on Thursday, August 7, 2014 at 4:00 p.m.  Diodes Incorporated (NASDAQ:DIOD) stock performance was -7.02% in last session and finished the day at $25.71. Traded volume was 522,392.00million shares in the last session and the average volume of the stock remained 284.58K shares. The beta of the stock remained 1.97. Diodes Incorporated (NASDAQ:DIOD) insider ownership is 4.70%.

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