Notable Tech Stocks Movers (MENT, ARST, SATC, ENTG, RNWK, TSTC)
Notable Tech Mover Stocks .
(EMAILWIRE.COM, March 06, 2010 ) Dallas, Tx - Mentor Graphics Corporation (NASDAQ:MENT) fell 7.74% to close at $8.10 on 3.39 million shares after the company yesterday posted marginally better-than-expected quarterly results, as it managed to modestly cut costs, but warned of a possible loss for the current quarter. For the fourth quarter ended Jan. 31, 2010, the company's net profit grew 27 percent to $39.4 million, or 39 cents a share.
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ArcSight Inc. (NASDAQ:ARST) went down 7.68% to $26.67 on 2.87 million shares after the company posted a quarterly profit that fell short of Wall Street expectations and forecast weak fourth-quarter earnings. For the third quarter ended Jan. 31, net income fell to $2.2 million, or 6 cents per share, from $5.1 million, or 15 cents per share, a year earlier.
SatCon Technology Corporation (NASDAQ:SATC) plunged 15.56% to $2.28 on 2.22 million shares after the company downgraded by Ardour Capital from “Buy” to “Hold.”
Entegris, Inc. (NASDAQ:ENTG) increased 6.19% to $5.15 on 2.83 million shares.
RealNetworks, Inc. (NASDAQ:RNWK) jumped 6.13% to $5.19 on 1.45 million shares. The stock today made its new 52-week high of $5.22.
Telestone Technologies Corporation (NASDAQ:TSTC) went up 9.86% to $18.50 on 1.30 million shares.
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ArcSight Inc. (NASDAQ:ARST) went down 7.68% to $26.67 on 2.87 million shares after the company posted a quarterly profit that fell short of Wall Street expectations and forecast weak fourth-quarter earnings. For the third quarter ended Jan. 31, net income fell to $2.2 million, or 6 cents per share, from $5.1 million, or 15 cents per share, a year earlier.
SatCon Technology Corporation (NASDAQ:SATC) plunged 15.56% to $2.28 on 2.22 million shares after the company downgraded by Ardour Capital from “Buy” to “Hold.”
Entegris, Inc. (NASDAQ:ENTG) increased 6.19% to $5.15 on 2.83 million shares.
RealNetworks, Inc. (NASDAQ:RNWK) jumped 6.13% to $5.19 on 1.45 million shares. The stock today made its new 52-week high of $5.22.
Telestone Technologies Corporation (NASDAQ:TSTC) went up 9.86% to $18.50 on 1.30 million shares.
ABOUT http://www.PennyStockPickAlert.com
Penny Stock Pick Alert provides free stock newsletters on various stocks of the day. These alerts help investors in making the wise stock market investments. Till date thousands of our subscribers have made huge gains using our daily stock alerts. We provide alerts on hot stocks, best penny stocks , most active stocks and much more. You can become leader in stock market by keeping track of the daily activity.
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PennyStockPickAlert.com
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Tel: 214 556 6798
Email us
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