NEW YORK, September 24, 2012 – Beststocksdaily, one of the leaders in providing investment alerts on U.S. stocks are announcing Investment Highlights on The top tech companies including Zynga Inc, Groupon Inc, Apple Inc, Nokia Corporation.
Zynga Inc(NASDAQ:ZNGA - News) shares declined 4.33% to $3.09 after The Law Offices of Todd M. Garber announced that shareholders of Zynga Inc have until October 1, 2012 to move for lead plaintiff status in the shareholder lawsuit filed in the United States District Court for the Northern District of California. The lawsuit was filed on behalf of a class (the Class) comprising all purchasers of Zynga securities between December 16, 2011 and July 25, 2012, inclusive (the Class Period).
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Additionally, Nokia Corporation reported that it is strengthening its business partnership with Zynga to give further value to its devices including Asha touch mobilephones.
Groupon Inc(NASDAQ:GRPN - News) shares fell 2.27% to $5.15. The company started a credit card payment business last week, entering a crowded field to compete with eBay Inc's (EBAY.O) PayPal and start-up Square Inc. The company said the new service lets restaurants, salons and spas, retailers and other local businesses accept credit card payments at a lower rate than other providers.
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The 52 week trading range for the company is $4.00 - $31.14. The shares of the company plunged 80% in the last one year.
Apple Inc.(NASDAQ:AAPL - News) stock dropped 1.46% to $689.88 after Apple’s iPhone 5 sales have recorded 5 million units sold during its first weekend of availability to the public, which is not at all an impressive numbers compared to analysts target of 6-10 million during the weekend. If that’s not enough, the analyst’s target of 6 million was set for the worst case scenario. So a sell of 5 million is fueling further panic among investors at large considering the heavy success rate of Apple’s new launch in the past.
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Like in the past, expectations were huge from the company’s latest development as the pre-order run out of stock in just an hour. After today’s fall, the stock has erased its entire gain in the past week.
Nokia Corporation (ADR)(NYSE:NOK - News) shares decreased 1.62% to $2.72. Nokia Siemens Networks (NSN) is rapidly making progress with its restructuring strategies, according to Nokia Siemens chief executive. NSN, a 50-50 joint venture between Nokia Corporation and Siemens AG achieved lightning fast TD-LTE network speed of 1.6 Gigabits per second (Gbps). Increased usage of smartphones and tablets coupled with higher downloads of HD movies have stimulated demand for data usage and faster network speed.
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