Momentum Stocks – Harris Corporation (NYSE:HRS), Intuit Inc. (NASDAQ:INTU), Fluidigm Corporation (NASDAQ:FLDM)
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Harris Corporation (NYSE:HRS) has passed a pre-shipment review and initiated a phased delivery and installation of hardware and software that will form the network infrastructure for the ground segment of the National Oceanic and Atmospheric Administration’s Geostationary Operational Environmental Satellite – R Series program. Harris Corporation (NYSE:HRS) shares are currently trading at $69.72 by losing -1.08%.
Mint, a personal finance app from Intuit Inc. (NASDAQ:INTU), now lets users view their digital bitcoin transactions processed by Coinbase alongside their traditional financial accounts. Intuit Inc. (NASDAQ:INTU) shares are currently trading at $74.17 by gaining 1.36%.
Fluidigm Corporation (NASDAQ:FLDM) prices offering of $175 million aggregate principal amount of its 2.75% convertible senior notes due 2034. The notes will accrue interest at a fixed rate of 2.75% per year, payable semiannually in arrears on February 1 and August 1 of each year, beginning on August 1, 2014. The notes will mature on February 1, 2034, unless earlier converted, redeemed or repurchased. The notes will be convertible into shares of Fluidigm Corporation (NASDAQ:FLDM)’s common stock at the option of the holders at any time prior to the close of business on the business day immediately preceding the maturity date. The conversion rate will initially be 17.8750 shares of common stock per $1,000 principal amount of notes (equivalent to an initial conversion price of ~ $55.94 per share of common stock). Fluidigm Corporation (NASDAQ:FLDM) shares are currently trading at $44.02 by gaining 10.51%.