Technology Sector Most Active; Plug Power Inc (NASDAQ:PLUG), Zynga Inc (NASDAQ:ZNGA), Verizon Communications (NYSE:VZ), Facebook Inc (NASDAQ:FB)

Technology Stocks News 16

Shares of fuel-cell maker Plug Power Inc. (NASDAQ:PLUG) jumped another 15% and touched a new 52-week high after being upgraded by an analyst. Plug Power Inc (NASDAQ:PLUG) stock performance was 14.95% in last session and finished the day at $6.69. Traded volume was 121,337,931 million shares in the last session and the average volume of the stock remained 27.03 million shares. The beta of the stock remained 1.12. Plug Power Inc (NASDAQ:PLUG) insider ownership is 4.90%.

Zynga Inc (NASDAQ:ZNGA) saw unusually large options trading on Tuesday. Traders purchased 46,889 put options on the stock, American Banking News.com reports. This represents an increase of 261% compared to the typical volume of 13,002 put options. Zynga Inc (NASDAQ:ZNGA) rose 7.82 percent to $5.65 yesterday on volume of 4.61 million shares. The intra-day range of the stock was $5.43 to $5.74. Zynga Inc (NASDAQ:ZNGA) has a market capitalization of $4.61 million.

Verizon Communications’ (NYSE:VZ) enterprise business continues to weather a challenging economic time, but according to CEO Lowell McAdam, cloud, machine to machine (M2M) and security represent large opportunities for the telco. Verizon Communications Inc. (NYSE:VZ)’s stock on Mar 4, 2014 reported an increase of 1.25% to the closing price of $47.90. Its fifty two weeks range is $45.08 -$54.31. The total market capitalization recorded $198.15billion. The overall volume in the last trading session was 51,597,848 million shares. In its share capital, Verizon Communications Inc. (NYSE:VZ) has 2.87million outstanding shares.

Facebook Inc (NASDAQ:FB) bought the messaging app Whatsapp for $4 billion in cash, $12 billion in stock along with $3 billion in restricted shares. Though the analysts are little sceptic about this deal because every internet takeover more than $10 billion has failed. On Tuesday, shares of Facebook Inc (NASDAQ:FB) advanced 2.06% to close the day at $68.80. Company return on investment (ROI) is 9.70% and its monthly performance is recorded as 9.96%. Facebook Inc (NASDAQ:FB) quarterly revenue growth is 46.35%.

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