Tech Stocks Touched New Highs: Electronic Arts Inc. (NASDAQ:EA), Globalstar (NYSEMKT:GSAT), International Rectifier (NYSE:IRF), Spansion Inc. (NYSE:CODE), Amkor Technology (NASDAQ:AMKR)

Technology Stocks News 20

Electronic Arts Inc. (NASDAQ:EA), which we put a swing trade on Tuesday, broke out of a coil. Look for it to go to 39 short-term, and the secondary target is 42. Electronic Arts Inc. (NASDAQ:EA) stock performance was -0.53% in last session and finished the day at $35.51. Traded volume was million shares in the last session and the average volume of the stock remained 4.32million shares. The beta of the stock remained 0.88. Electronic Arts Inc. (NASDAQ:EA) insider ownership is 0.30%.

Globalstar, Inc (NYSEMKT:GSAT)’s value added reseller VehSmart has been awarded the contract to initially outfit 4,000 small fishing boats with Globalstar’s satellite transmitter, the SmartOne. Globalstar, Inc. (NYSEMKT:GSAT) rose 3.02 percent to $4.10 Wednesday on volume of 6.43million shares. The intra-day range of the stock was $3.92 to $4.10. Globalstar, Inc. (NYSEMKT:GSAT) has a market capitalization of $3.58billion.

International Rectifier Corporation (NYSE:IRF), a world leader in power management technology, on 03 June 2014announced that the company’s Generation 8 (Gen8) 1200V Insulated Gate Bipolar Transistor (IGBT) technology platform has won the Green Power and New Energy Resources category of Electronic Engineering & Product World (EEPW) Power Supply Products Awards. International Rectifier Corporation (NYSE:IRF)’s stock on June 11, 2014 reported a decrease of -0.18% to the closing price of $28.34. Its fifty two weeks range is $20.24 -$28.62. The total market capitalization recorded $2.02billion. The overall volume in the last trading session was 1.06million shares. In its share capital, IRF has 71.27million outstanding shares.

Spansion Inc. (NASDAQ:CODE) was upgraded by equities research analysts at Morgan Stanley to a “hold” rating in a research note issued to investors on Monday. The firm currently has a $21.00 price target on the stock, up from their previous price target of $18.50. On Wednesday, shares of Spansion Inc. (NYSE:CODE) advanced 1.23% to close the day at $21.45. Company return on investment (ROI) is -5.10% and its monthly performance is recorded as 20.71%.  Spansion Inc. (NYSE:CODE) quarterly revenue growth is 29.37%.

Amkor Technology, Inc (NASDAQ:AMKR) Director Roger Anthony Carolin sold 30,000 shares of Amkor Technology stock in a transaction dated Wednesday, June 11th. The shares were sold at an average price of $11.63, for a total transaction of $348,900.00. Amkor Technology, Inc. (NASDAQ:AMKR) stock performance was 2.29% in last session and finished the day at $11.62. Traded volume was 2.84million shares in the last session and the average volume of the stock remained 1.93million shares. The beta of the stock remained 2.18. Amkor Technology, Inc. (NASDAQ:AMKR) insider ownership is 0.40%.

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