Jan 3, 2014

Posted by in Featured, Stock Market News | 0 Comments

Stocks Gaining Momentum: FireEye Inc (NASDAQ:FEYE), China Finance Online Co. (ADR) (NASDAQ:JRJC), BG Medicine, Inc. (NASDAQ:BGMD), Oi SA (ADR) (NYSE:OIBR)

Stocks Gaining Momentum: FireEye Inc (NASDAQ:FEYE), China Finance Online Co. (ADR) (NASDAQ:JRJC), BG Medicine, Inc. (NASDAQ:BGMD), Oi SA (ADR) (NYSE:OIBR)

FireEye Inc (NASDAQ:FEYE) made a new 52-week high of $52.85 in the current trading session after the cyber-security company acquired Mandiant Corp in a deal valued at roughly $1 billion. Separately, Goldman Sachs lifted its price target for FireEye stock from $40 per share to $45 per share. FEYE shares are trading in the range of $49.60 to $52.85 today. The company has a market capitalization of $2.53 billion.

China Finance Online Co. (ADR) (NASDAQ:JRJC) jumped more than 20 percent in the mid-day trading session today after the provider of vertically integrated financial services posted Q3 revenue of $13.2 million, as compared to $7.2 million, one year ago. Net loss was $1.6 million, versus a loss of $3.2 million, in the previous year. JRJC shares are trading in the range of $6.66 to $7.26. The company has a market capitalization of $149.98 million.

BG Medicine, Inc. (NASDAQ:BGMD) rose 34.28 percent to $1.46, on traded volume of 3.43 million shares, in the current trading session. The 52-week range of the stock is $0.55 to $3.15. BGMD shares have been moving up from the last few weeks. The stock increased more than 140 percent in the past one month.  The company has a market capitalization of $40.48 million.

Oi SA (ADR) (NYSE:OIBR) advanced 10.33 percent to $1.65 today on traded volume of 4.44 million shares. The 52-week range of the stock is $1.42 to $4.51. Oi SA is a Brazil-based holding firm engaged in providing Switched Fixed-line Telephony Services across the globe. The company has a market capitalization of $2.71 billion.

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