Shares of TripAdvisor Inc. (NASDAQ: TRIP), an online travel research company enabling users to plan and have a trip, are gaining in trading today. At last check, TRIP shares were trading 1.93% higher at $42.78 on volume of 294,007. The stock hit an intra-day high of $44.10 before paring some of its gains. Despite today’s gains, TRIP shares have fallen nearly 1.5% in the last three trading sessions.
TRIP shares are gaining in trading today after Needham & Company raised its price target on the stock from $38 to $51.
Shares of AU Optronics Corp. (ADR) (NYSE: AUO), a company engaged in the research, development, design, manufacture and distribution of flat panel displays, are down sharply in trading today. At last check, AUO shares were trading 4.87% lower at $4.30 on volume of 145,479. The stock fell to an intra-day low of $4.27 in trading today. AUO shares have fallen more than 9% in the last three trading sessions.
Shares of Amazon.com Inc. (NASDAQ: AMZN), the world’s largest online retailer, are marginally higher in trading today. At last check, AMZN shares were trading 0.63% higher at $258.55 on volume of 284,438. The stock rose to an intra-day high of $259.50 in trading today.
Shares of Microsoft Corporation (NASDAQ: MSFT), the maker of Windows operating system, are lower in trading today. At last check, MSFT shares were trading 1.24% lower at $27.11 on volume of 4.77 million. The stock fell to an intra-day low of $27.02 in trading today.
MSFT shares have slipped in trading today after the New York Times reported that sales of the company’s new Windows 8 operating system have disappointed analysts.
Shares of Facebook Inc. (NASDAQ: FB), the social networking giant, are up sharply in trading today. At last check, FB shares were trading 1.79% higher at $26.73 on volume of 8.07 million. The stock rose to an intra-day high of $26.69. Despite today’s gains, FB shares have fallen more than 2.6% in the last three trading sessions.
FB shares are gaining in trading today after analysts at Needham raised their price target on the stock from $25 to $33. Needham analysts also raised their 2013 forecast for FB and now expect the company to beat consensus revenue forecast in 2013.
Shares of United Technologies Corporation (NYSE: UTX), a provider of high technology products and services to the building systems and aerospace industries worldwide, are marginally lower in trading today. At last check, UTX shares were trading 0.24% lower at $82.34. The stock fell to an intra-day low of $82.30.
UTX shares have slipped today even as the company announced over the weekend that it reached agreement to divest its Power fuel cell unit to ClearEdge Power. UTX did not provide details on the terms of the agreement. The company said that the divestment of the Power unit is another step forward in its ongoing portfolio transformation to focus on its core aerospace and building systems.
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