Trader’s Alert: Sirius XM Holdings Inc. (NASDAQ:SIRI), Netflix (NASDAQ:NFLX), Gogo Inc (NASDAQ:GOGO), Vodafone Group (NASDAQ:VOD)

Technology Stocks News 1

Last year, a US non-profit that collects digital royalties for musicians, SoundExchange, filed a federal lawsuit in Washington, DC, against satellite radio company Sirius XM Holdings Inc (NASDAQ:SIRI) that includes claims of underpayment regarding pre-1972 recordings. The lawsuit remains pending. Sirius XM Holdings Inc. (NASDAQ:SIRI) stock performance was -0.95% in last session and finished the day at $3.14. Traded volume was 34.47million shares in the last session and the average volume of the stock remained 68.51million shares. The beta of the stock remained 1.32. Sirius XM Holdings Inc. (NASDAQ:SIRI) insider ownership is 53.10%.

Streaming service Netflix Inc. (NASDAQ:NFLX) agreed in mid-February to pay an undisclosed sum to Comcast to create a new avenue for its videos to reach Comcast’s service, and now Netflix Inc. (NASDAQ:NFLX) videos are streaming at blazingly fast rates. But the deal may become another flash point in the net neutrality debate, even as Netflix Inc. (NASDAQ:NFLX) subscribers are clearly benefiting. Netflix, Inc. (NASDAQ:NFLX) rose 4.32 percent to $345.74 Thursday on volume of 4.59million shares. The intra-day range of the stock was $332.50 to $349.73. Netflix, Inc. (NASDAQ:NFLX) has a market capitalization of $20.68billion.

Gogo Inc (NASDAQ:GOGO) was upgraded by research analysts at JPMorgan Chase & Co. from a “neutral” rating to an “overweight” rating in a report released on Thursday, AnalystRatings.NET reports. The firm currently has a $28.00 target price on the stock. Gogo Inc (NASDAQ:GOGO)’s stock on Apr 17, 2014 reported a increase of 5.77% to the closing price of $17.97. Its fifty two weeks range is $9.71 -$35.77. The total market capitalization recorded $1.53billion. The overall volume in the last trading session was 4.30million shares. In its share capital, GOGO has 84.99million outstanding shares.

Piramal exited from telecom services firm Vodafone Group Plc (ADR) (NASDAQ:VOD) last week selling its 11 per cent stake for $1.48 billion. In 2010, it sold its domestic generic drugs business to Abbott Laboratories for $3.8 billion. On Thursday, shares of Vodafone Group Plc (ADR) (NASDAQ:VOD) advanced 0.95% to close the day at $35.99. Company return on investment (ROI) is 1.90% and its monthly performance is recorded as -4.13%. Vodafone Group Plc (ADR) (NASDAQ:VOD) quarterly revenue growth is -9.07%.

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