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Zillow Offers Shares at 3% Discount, To Acquire StreetEasy

The real-estate listings services provider, Zillow Inc. (NASDAQ: Z) said on Monday that it will offer 5 million shares (A Class) at price of $82.00 per share, which implies a 3% discount to the stock’s closing price on Monday. Shares tumbled 7.11% to $84.74 in regular trading hours. In afterhours, shares slipped another 2.47%. The [...]

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Citigroup Initiates Coverage on 11 Internet Stocks

Citigroup equity research analyst Mark May initiated coverage on 11 Internet stocks on Tuesday.

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Major Movers on May 8; AOL, WEN, EA, SYMC, Z

Shares of AOL Inc. (NYSE: AOL) slumped about 8.60% by afternoon trade. Although the web services company reported 23% jump in fiscal first quarter net income, driven by higher revenue from advertising, adjusted earnings fell short of Street’s estimate.

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Major Gainers on February 14; HNZ, Z, VCLK

Shares of H.J. Heinz Company (NYSE: HNZ), a manufacturer and marketer of a range of food products throughout the world, are seeing a huge rally in trading today after the company agreed to be acquired by Warren Buffett’s Berkshire Hathaway and 3G Capital.

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Major Movers on February 13; PRLB, Z, RAX, CLF, WCG

Shares of Proto Labs Inc. (NYSE: PRLB), a manufacturer of computer numerical machined and plastic injection modeled parts, are seeing a huge rally in trading today after the company reported strong fourth-quarter financial results.

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