Baidu Copies Google Glass and 2 Stocks at 52-Week Lows on Friday
F5 Networks (NASDAQ:FFIV): Closing price $73.21
The networking equipment firm estimated that its second-quarter net income and revenue will come in lower than expectations. Shares closed down 19.03 percent on Friday at $73.21, and have been traded in a 52-week range of $71.95 to $139.20.
Baidu (NASDAQ:BIDU): Closing price $83.59
This week, Baidu seemed to mock Google’s Glass with ”Baidu Eye,” which is looks to be a Glass copycat. However, a spokesperson for Baidu claimed that the two objects are functionally distinct, in an interview with Mashable. Shares closed down 1.84 percent on the day at $83.59, having been traded in a 52-week range of $82.98 to $152.85.
Saba Software (NASDAQ:SABA): Closing price $7.35
On Thursday, Saba announced that it will be unable to regain compliance with its Securities and Exchange Commission filing requirements for continued listing of its common stock on the Nasdaq Global Select Market by the previously reported April 4th deadline set by Nasdaq. Shares closed down 4.92 percent on Friday at $7.35, and have been traded between $6.91 and $10.77 the last 52 weeks.