Tech Movers: Apple Inc. (NASDAQ:AAPL), Nokia Corporation (ADR) (NYSE:NOK), BlackBerry Ltd (NASDAQ:BBRY), Sony Corp (ADR) (NYSE:SNE)

Technology Stocks News 14

Apple Inc. (NASDAQ:AAPL) rose Monday after RBC Capital Markets increased its price target on the stock for the second time in as many weeks. The firm increased its price target to $645 from $625. The firm had moved it to $625 from $590 after Apple released its second-quarter earnings on April 23. Apple Inc. (NASDAQ:AAPL) stock performance was 1.41% in last session and finished the day at $600.96. Traded volume was 4,296.00 million shares in the last session and the average volume of the stock remained 10.45 million shares. The beta of the stock remained 0.93. Apple Inc.(NASDAQ:AAPL)insider ownership is 0.04%.

Nokia Corporation (ADR) (NYSE:NOK) was upgraded by research analysts at Natixis from a “reduced” rating to a “neutral” rating in a report released on Wednesday, Stock Ratings Network.com reports. Nokia Corporation (ADR) (NYSE:NOK) dropped 1.09 percent to $7.27 yesterday on volume of 9,767,595 million shares. The intra-day range of the stock was $7.24 to $7.35. Nokia Corporation (ADR) (NYSE:NOK) has a market capitalization of $26.99 billion.

BlackBerry Ltd (NASDAQ:BBRY), as a part of the plan to make the company profitable again is selling off the majority of its real estate holdings in Canada to the U.S.-based Spear Street Capital for around $278 million. BlackBerry Ltd (NASDAQ:BBRY)’s stock on May 05, 2014 reported a decrease of -2.70% to the closing price of $7.93. Its fifty two weeks range is $5.44 -$16.16. The total market capitalization recorded $4.18 billion. The overall volume in the last trading session was 11,480,816 million shares. In its share capital, BlackBerry Ltd (NASDAQ:BBRY) has 526.55 million outstanding shares.

Sony Corp (ADR)(NYSE:SNE)’s shares are down -4.42% to $16.86 after the electronics and entertainment group issued its third profit warning in six months, as the company booked an additional 30 billion yen this year in costs from exiting its unprofitable PC business, the Financial Times reports. On Friday, shares of Sony Corp (ADR)(NYSE:SNE) advanced 0.06% to close the day at $17.64. Company return on investment (ROI) is 2.60% and its monthly performance is recorded as -7.60%. Sony Corp (ADR) (NYSE:SNE) quarterly revenue growth is 15.67%.

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