Top Losers in Spotlight – dELiA*s (DLIA), Intel Corporation (INTC), The Fresh Market (TFM) and Violin (VMEM)
(NASDAQ:INTC) is determined to get an edge in the market where tech companies have gone beyond simple PCs, tablets and smartphones to mark growth in the coming decade. Intel Corporation (NASDAQ:INTC) was not ahead in the race of mobile computing that was led by its competitors. To become a market leader, Intel has now started developing chips for wearable devices; the company is focusing on services and software to increase growth. Stock of Intel Corporation (NASDAQ:INTC) started off at $24.50 and went up as high as $24.51 during the session and ended at $23.87 after declining by -5.39%. Intel’s stock had a 23.87 weekly performance.
Rosen Law firm, PA, is investigating claims of potential securities against the company, Violin Memory Inc (NYSE:VMEM). This investigation is being carried out to find if Violin Memory Inc (NYSE:VMEM) and the company’s directors and officers had the knowledge of or should’ve been aware of the recently reported issues when the company held its first IPO. Shares of Violin Memory Inc (NYSE:VMEM) ended at $3.11 yesterday. Institutional ownership of its stock is 2.40% and the insider ownership is 10.80%. The share capital of the company has outstanding shares of 15.43 billion out of which 59.83 billion are floating in the market.
After a fairly disappointing third quarter results and lowering of the company’s earnings guidance of the year, shares of The Fresh Market Inc (NASDAQ:TFM) went down on Friday. Stock of Fresh Market Inc (NASDAQ:TFM) had a share volume of 10.23 million on the last day of trading; its average share volume is 896,987.00. The company’s shares opened at $42.49 and went as high as $42.58 and after dropping down by -18.91% closed at $40.87.
A $19.4 million loss for the third quarter was reported by dELiA*s, Inc. (NASDAQ:DLIA). Delia*s revenue went down by 28.9% (down from $46.4 million to $33 million). Comparable Store Sales for dELiA*s, Inc. (NASDAQ:DLIA) wend down by 22.9%. Shares of dELiA*s, Inc. (NASDAQ:DLIA) dropped by -14.89% on the 22nd of November, 2013 and closed at $1.20. The stock’s 52 week range was between $0.63 and $1.83. The company has $57.57 billion market capitalization. The overall volume share in the last session of trading was 10.00 million. The stock’s share capital has outstanding shares of 47.98 million.