Top Gainers: J.C. Penney Company (NYSE:JCP), Applied Materials, Inc. (NASDAQ:AMAT), Plug Power Inc (NASDAQ:PLUG), NQ Mobile (NYSE:NQ), Rackspace Hosting (NYSE:RAX)

J.C. Penney Company, Inc. (NYSE:JCP)’s CEO, Mike Ullman has turned the company around after the replacing former CEO Ron Johnson. His strategy has brought consumer back to its retail stores. The retailer is aiming to “go forward” at its third stage of its turnaround after completing “immediate stabilization” and rebuilding” in the last 10 months. The company has a long way to go in order to return to its “glory days” but the CEO has confidence his strategy is headed in the right direction. J.C. Penney Company, Inc. (NYSE:JCP) stock performance was 16.25% in last session and finished the day at $9.73. Traded volume was 96,341,840 shares in the last session and the average volume of the stock remained 23.42 million shares. The beta of the stock remained 1.69. J.C. Penney Company, Inc. (NYSE:JCP) insider ownership is 0.30%.

Applied Materials, Inc. (NASDAQ:AMAT) last announced its earnings results on Thursday, May 15th. The company reported $0.28 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.28. The company had revenue of $2.35 billion for the quarter, compared to the consensus estimate of $2.35 billion. On average, analysts predict that Applied Materials will post $1.07 earnings per share for the current fiscal year. Applied Materials, Inc. (NASDAQ:AMAT) rose/dropped 8.13% to $20.21 yesterday on volume of 38,197,868 shares. The intra-day range of the stock was $19.40 – 20.29. Applied Materials, Inc. (NASDAQ:AMAT) has a market capitalization of $24.48 million.

Plug Power Inc (NASDAQ:PLUG) last posted its quarterly earnings results on Wednesday, May 14th. The company reported ($0.06) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.05) by $0.01. The company had revenue of $5.60 million for the quarter, compared to the consensus estimate of $5.35 million. During the same quarter last year, the company posted ($0.14) earnings per share. Plug Power Inc (NASDAQ:PLUG)’s stock on May 16, 2014 reported a increase of 6.45%to the closing price of $4.29. Its fifty two weeks range is $0.22 – 11.72. The total market capitalization recorded $617.11 million. The overall volume in the last trading session was 29,797,500shares. In its share capital, Plug Power Inc (NASDAQ:PLUG) has 143.95 million outstanding shares.

Bloomberg News reported that American depositary receipts of NQ Mobile Inc (ADR) (NYSE:NQ) fell to $7.99 in New York, their lowest level in 10 months. The shares had tumbled 55 per cent through Wednesday since Block, founder of Muddy Waters LLC, said in October the Beijing-based company was “a massive fraud.” NQ Mobile has denied the allegation. “The company is unable to file on time its annual report on Form 20-F because it needs additional time to complete it,” Beijing-based NQ Mobile said in a statement on Thursday. “The company continues to work to file its annual report for the year ended December 31, 2013 as soon as possible.” On Friday, shares of NQ Mobile Inc (ADR) (NYSE:NQ) advanced 10.59% to close the day at $8.04. Company return on investment (ROI) is 1.00% and its monthly performance is recorded as -34.42%. NQ Mobile Inc (ADR) (NYSE:NQ) quarterly revenue growth is -55.38%.

Rackspace Hosting, Inc. (NYSE:RAX) enlisted the investment bank to explore ways to expand the business, after Inc. (AMZN:US) and Google Inc. cut prices on competing products at a faster pace than expected. The result could be a partnership or acquisition, though there is no timetable, Rackspace said in a statement yesterday. “Our board decided to hire Morgan Stanley to evaluate the inbound strategic proposals, and to explore any other alternatives which could advance Rackspace’s long-term strategy,” the company said in the statement. On Firday, shares Rackspace Hosting, Inc. (NYSE:RAX) advanced/dropped 17.73%to close the day at $36.12. Company return on investment (ROI) is 8.00% and its monthly performance is recorded as 13.16%. Rackspace Hosting, Inc. (NYSE:RAX) quarterly revenue growth is 6.83%.

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