Tech Volatile Stocks: Sky-mobi Ltd (ADR) (NASDAQ:MOBI), Gogo Inc (NASDAQ:GOGO), LiveDeal Inc (NASDAQ:LIVE), SolarCity Corp (NASDAQ:SCTY), Gigamon Inc (NYSE:GIMO)



Chinese mobile app store Sky-mobi Ltd (ADR) (NASDAQ:MOBI) has announced its unaudited 2014 results, for the 12 months ending 31 March 2014. Total revenues were $78.1 million, down 19 percent year-on-year. Revenues from smartphones were $33.8 million, or 43 percent of total revenues. Sky-mobi Ltd (ADR) (NASDAQ:MOBI) stock performance was 8.14% in last session and finished the day at $7.31. Traded volume was 995,269.00million shares in the last session and the average volume of the stock remained 1.05million shares. The beta of the stock remained 5.56.

Gogo Inc (NASDAQ:GOGO) kept ascending after posting better-than-expected results a week earlier. UBS kicked off the new week by upgrading the stock. A day later, company announced that it was teaming up with Apigee to create a new platform that will deliver innovative apps for passengers and crew members. Later in the week Gogo increased its order for in-flight radio modems, a strong sign that business is taking off. Gogo Inc (NASDAQ:GOGO) dropped -3.11 percent to $18.09 Friday on volume of 4.17million shares. The intra-day range of the stock was $17.40 to $18.85. Gogo Inc (NASDAQ:GOGO) has a market capitalization of $1.54billion.

LiveDeal Inc (NASDAQ:LIVE) has a new reason to be proud of as it will be one the companies that will be added to MSCI exclusive global index. MSCI is the Morgan Stanley Capital International global index. The addition will bring the recognition and name to the company from investment institutions world around. The company will appear in the list from next month onwards. LiveDeal Inc (NASDAQ:LIVE)’s stock on May 30, 2014 reported a increase of 1.30% to the closing price of $4.67. Its fifty two weeks range is $0.79 -$11.94. The total market capitalization recorded $63.44million. The overall volume in the last trading session was 4.31million shares. In its share capital, LIVE has 13.57million outstanding shares.

Solar photovoltaic installer SolarCity Corp (NASDAQ:SCTY) rise 5.94% and is now teaming up with Groupon Inc. to form one of the first online offers of its kind for solar systems, a new way to sign up more customers in the increasingly competitive rooftop solar market. The $1 bait offered in the Groupon marketplace will fetch more customer interest for SolarCity’s residential panels. On Friday, shares of SolarCity Corp (NASDAQ:SCTY) dropped -4.67% to close the day at $52.50. Company return on investment (ROI) is -9.70% and its monthly performance is recorded as -1.41%. SolarCity Corp (NASDAQ:SCTY) quarterly revenue growth is -38.21%.

Gigamon Inc (NASDAQ:GIMO) was upgraded by Credit Suisse from a “neutral” rating to an “outperform” rating in a research note issued on Thursday, TheFlyOnTheWall.com reports. The firm currently has a $25.00 price target on the stock, up from their previous price target of $20.00. Credit Suisse’s target price indicates a potential upside of 48.72% from the stock’s previous close. Gigamon Inc (NYSE:GIMO) stock performance was -7.50% in last session and finished the day at $17.01. Traded volume was 1.08million shares in the last session and the average volume of the stock remained 756.35K shares. Gigamon Inc (NYSE:GIMO) insider ownership is 0.90%.

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