Why These Stocks Declined: King Digital Entertainment (NYSE:KING), Tesla Motors Inc (NASDAQ:TSLA), Facebook Inc (NASDAQ:FB), Walt Disney (NYSE:DIS)

Technology Stocks News 19

King Digital Entertainment PLC (NYSE:KING)’s Candy Crush Saga has been a huge success for the company and majority of the revenue comes from it. However that is not the only gig by the company and it looks promising in the coming years according to analysts. King Digital Entertainment PLC (NYSE:KING) stock performance was 5.26% in last session and finished the day at $20.72. Traded volume was 5.10million shares in the last session and the average volume of the stock remained 1.34million shares.

Tesla Motors Inc (NASDAQ:TSLA) is being sued by one pissed off shareholder, claiming that the automaker, Elon Musk, and its board lied about the safety of the Model S. But, as always, it’s more complicated than that. Tesla Motors Inc (NASDAQ:TSLA) dropped -2.87 percent to $222.66 Monday on volume of 5.89million shares. The intra-day range of the stock was $220.40 to $229.78. Tesla Motors Inc (NASDAQ:TSLA) has a market capitalization of $27.63billion.

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Google and Facebook Inc (NASDAQ:FB) are “quiet and they’re not spending much” to ensure Internet providers treat all Web traffic equally, Wu said.  With Google, Facebook and other technology giants taking a more passive approach, nascent Internet companies and their financial backers are leading the campaign to quash the FCC’s proposal and bolster agency authority over Web traffic. 

Facebook Inc (NASDAQ:FB)’s stock on July 07, 2014 reported a decrease of -1.51% to the closing price of $65.29. Its fifty two weeks range is $24.20 -$72.59. The total market capitalization recorded $167.56billion. The overall volume in the last trading session was 28.68million shares. In its share capital, FB has 2.57billion outstanding shares.

Walt Disney Company (NYSE:DIS) announced on Monday the 11 early-stage entertainment and media technology companies chosen to participate in its new business accelerator. On Monday, shares of The Walt Disney Company (NYSE:DIS) dropped -0.29% to close the day at $86.59. Company return on investment (ROI) is 9.90% and its monthly performance is recorded as 2.13%. The Walt Disney Company (NYSE:DIS) quarterly revenue growth is 7.66%.

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