Ford Shares RISE and 4 Hot Stocks Turning Heads
Ford Motor Co. (NYSE:F) shares rose $0.19 (equal to 1.84 percent) to $10.53. There were 55.95 million Ford shares traded hands versus its average daily volume of 33.10 million shares. During the year, the stock has traded within a range of $8.82 to $13.05. As of the latest close, its price has seen a 19 percent increase versus the 52-week low and continued to be 24 percent lower than the 52-week high.
Don’t Miss: Here’s Why Ford is in TROUBLE With the Police.
Support.com, Inc. (NASDAQ:SPRT) reached for a new 52-week high last week, but still sees a lot of room for growth. The company gives live online tech support to consumers and small businesses, and it partners with retailers and anti-virus as a way to give remote support. Numerous companies have been stopped by competition in this area, but Support.com continues to discover ways it can deliver impressive growth. Wall Street believes that will be 35 percent top-line growth for the year, with revenue reaching 27 percent next year. Although Support.com has yet to be profitable, it is making its way. Shares of Support.com, Inc. are trading 1.94% higher today.
Nokia (NYSE:NOK): On Friday, the company announced that its use of misleading marketing material for the new Lumia smartphones was not a good decision, and the firm has taken appropriate action for repairs caused by the problems. Earlier in the month, independent blogs scrutinized Nokia for not utilizing its own hardware for the shooting of promotional videos intended to demonstrate the benefits of its new camera on its new Lumia 920 flagship device. This mistake has given the device a bad stigma prior to the hightly anticipated unveiling of two new smartphones which run Microsoft Corporation’s (NASDAQ:MSFT) newest update of the Windows operating system. The internal investigation ended on Friday.
Facebook (NASDAQ:FB): The Winklevoss twins, whose legal settlement with Mark Zuckerberg totaled $65 million, have started supporting their own social network. The brothers have invested $1 million in SumZero, founded in 2008 by fellow Harvard University alums Divya Narendra and Aalap Mahadevia, according to The Wall Street Journal on Monday.
Piedmont Natural Gas Company Inc. (NYSE:PNY): Today, at its normal quarterly Board of Directors meeting, Piedmont Natural Gas announced that it would declare a quarterly dividend on Common Stock of 30 cents per share, which is to be payable on October 15, 2012, to shareholders of record as of September 24, 2012. Shares of Piedmont Natural Gas Company Inc. are trading 0.80% lower today.
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